HDI launches cyber breach response policy
Product covers risks up to €50m [£42.4m], says the industrial lines insurer.
HDI Global SE, an industrial lines insurer, launched Cyber+, a cyber breach response policy which uses claims experience to underpin the underwriting approach, it said.
The insurer noted that the product could be used across a broad range of industry sectors.
It also said risks up to a €50m [£42.4m] limit, would cover the costs of defending the insured, carrying out the right forensic examinations to secure the breach and associated business interruption.
In addition, the product will cover
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