Product review: Cyber solution

cyber-crime

Liam Casserley, schemes manager at SEIB, puts UK General's Personal Cyber Protection Policy to the test

Product: Personal Cyber Protection Policy

Underwriter: UK General Insurance Limited on behalf of Great Lakes Insurance SE

Commission paid: Where retailed to consumer directly by UKGIL trading partner up to 30%; where retailed to consumer via UKGIL trading partner and another entity up to 40%.

Coverage: First party costs for financial losses arising from specified online events. It is a non-complex product designed to meet the demands and needs of the standard (not high net worth) personal

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

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