HSB launches cyber insurance product
Product aimed at businesses with a turnover of up to £10m.
HSB Engineering Insurance has launched a new cyber insurance product for small and medium-sized businesses.
The insurer said the product provides computer, data and cyber risks cover in one policy and will be sold exclusively through brokers.
According to the provider it is aimed at businesses with a turnover of up to £10m, but the cover is applicable for medium-sized firms with a turnover of up to £50m.
It detailed that the product includes hardware and data corruption insurance as well as
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