Global specialty re/insurer Brit Ltd has added a number of new features to its Brit Cyber Attack Plus (BCAP) product, which is designed to protect clients from the impact of physical damage arising from cyber attacks.
BCAP has now been substantially built out, Brit said, offering physical damage cover due to cyber events alongside business interruption, data privacy and cyber liability coverage, with limits of up to $150 million.
Additionally, the product now gives clients increased flexibility and is able to offer limits of up to $100 million for both stand-alone, non-physical damage, cyber coverage as well as write-back (CL380) optionality for certain specific industry sectors.
Brit is also able to offer bespoke solutions to individual sectors based on their specific needs and vulnerabilities, such as for a power plant or car factory.
Further features include risk management training tools and access to leading global cyber experts, including IT and forensic specialists, lawyers and crisis PR.
“We are excited to launch the new features and increased sophistications of our BCAP product,” said Ben Maidment, Class Underwriter, Cyber, Privacy and Technology, at Brit.
“We…
