QBE Insurance, which operates in 27 countries, launched QCyberProtect, a cyber liability insurance policy designed to enhance clients’ cyber resilience globally.
QCyberProtect offers tailored coverage for various cyber risks, including network security breaches, privacy liabilities, business interruptions (both IT and non-IT related), and reputational damage.
Andrew Horton, Group CEO of QBE Insurance, stated, “Strategic investments in our cyber capabilities have strengthened our ability to shield our clients from the most pressing cyber threats. This offering highlights our commitment to delivering globally consistent and practical solutions.”
The cyber liability insurance policy caters to various organizations, from mid-sized companies with outsourced IT departments to large global corporations with complex IT infrastructures. QBE supports this policy with a network of cyber experts and strategic partners.
“QBE’s global cyber policy is supported by a network of highly skilled cyber experts and strategic partners to ensure world-class coverage and service,” said Serene Davis, QBE Global Head of Cyber. “We are providing our customers with the comprehensive coverage and services they need to navigate end-to-end cybersecurity issues.”
Additionally, QBE introduced QCyberPrepare, a risk management tool available in many locations worldwide. This cyber saferoom allows clients to launch incident response plans on a secure platform with secure messaging, ensuring they remain connected and in control during cyber crises.
QCyberProtect is currently available in Australia, Hong Kong, Malaysia, the Netherlands, Singapore, Sweden, the UAE, the United Kingdom, the United States, and Vietnam, and it plans to expand to more countries throughout the year.
Source: QBE Insurance Launches Global Cyber Coverage with QCyberProtect.
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