While some businesses still believe they’re “too small to be hacked,” Tata AIG’s Najm Bilgrami politely disagrees. The company has redefined the sector with its latest product, CyberEdge, which not only insures against cyber risks but also offers a comprehensive ecosystem of prevention, response, and risk improvement services.
Najm Bilgrami, Senior VP & National Head, Financial Lines at Tata AIG, delves into the transformative journey, evolving challenges, and the impact of cutting-edge solutions on businesses navigating an increasingly perilous digital landscape.
Can you provide an overview of the growth trajectory of Tata AIG’s commercial lines of business over the past few years?
I’d like to focus on the liability line of business, particularly cyber insurance. Tata AIG was the first to introduce cyber insurance in the Indian market in 2014. Now, after a decade, we’re launching a new product with significant enhancements to address the evolving nature of cyber risks.
Cyber risks fall under the liability line of business, which addresses new-age risks. This includes policies such as Directors…
