Canopius seeks to ‘bridge the gap’ with new cyber triggered spoilage cover for perishable stock
Canopius Group has launched a cyber-triggered spoilage cover designed to protect businesses when a cyber incident renders their perishable stock unsellable.
According to Canopius, the policy is particularly relevant for organisations operating in food and beverage, pharmaceuticals, life sciences, agriculture, logistics, and cold-chain sectors.
The insurer noted that when cyber incidents hit systems managing temperature, quality controls or environmental storage conditions, the impact can go far beyond operational downtime – it can determine whether products remain safe, compliant and fit for sale.
As cyber incidents increasingly affect operational
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