Howden, the worldwide insurance coverage group, right now proclaims the launch of one of many first devoted European cyber and expertise errors & omissions line slips for main enterprise.
The product is led by Canopius and IQUW with assist from three different Lloyd’s insurance coverage firm markets and advantages from as much as €20 million ($21.6 million) limits and an A Wonderful – A.M. Finest Credit score Score. (Canopius and IQUW each underwrite via Lloyd’s syndicates).
This product is designed for a variety of cyber and expertise dangers in 14 totally different nations throughout Europe and corporations with as much as €3 billion ($3.2 billion) turnover can be eligible.
Highlights of the power comply with right here:
- Full 1st and third social gathering main cyber & tech E&O protection;
- Insurer led breach response functionality with 24/7 hotline and skill to accommodate all languages;
- Entry to a set of pro-active threat administration providers; and,
- Streamlined cyber utility kind.
Dangers domiciled within the following nations can undergo Howden for phrases:
- Sweden
- Finland
- Norway
- Denmark
- Iceland
- France
- The Netherlands
- Belgium
- Luxembourg
- Germany
- Switzerland
- Spain
- Italy
- Greece
“The EU Mid-Market Lineslips derived from the rising must service European shoppers with significant capability. We’re excited to launch this pioneering product into the market to assist shoppers get one of the best protection they will,” commented Shay Simkin, international head of Cyber, Howden.
Supply: Howden
Subjects
Cyber
InsurTech
Europe
Tech
New Markets
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