Product will include business interruption and privacy related exposures that have resulted from a cyber attack.
Move follows Pool Re’s extension of its cover to include non-damage business interruption.
The Counter Terrorism and Border Security Bill, which outlines how Pool Re can operate, received Royal Assent yesterday (13 February).
Too large to benefit from government initiatives but too small to employ their own risk managers, mid-market businesses can inadvertently find themselves taking on unexpected levels of risk. As these businesses grow and face new and increasingly complex…
Business interruption has been added along with cover for cybercrime.
The regulator stuck with Aon as its broker.
The market has also been keen to learn more, via sister site Insurance Hound, about business interruption, Brexit and construction plant theft.
The specialist MGA has teamed up with Beazley and the product will be available to its brokers.
MGA’s product available online.
Trade body collaborated with brokers and insurers to create the template.
Having found Angela McCluskie’s blog on marine cargo insurance interesting and thought-provoking, John Potter shares his thoughts on how the market may develop.
Small businesses may not always be prepared for the claims process, but brokers can make the journey easier for clients and even improve retention rates at the same time, writes Edward Murray
The service assesses sums insured and indemnity period.
Insurer's research shows that two-thirds of SME customers only take out business interruption cover for 12 months or less.
New tool designed for business interruption insurance.
Free online service aims to help brokers accurately calculate the business interruption risk for individual commercial clients.
A Financial Conduct Authority thematic review found SMEs were being let down by claims handlers. What can the industry do to improve?
There are huge amounts of data out there and it is now much easier for brokers to use and place business online – if only they were more aware of this
More than 200,000 companies across the UK do not have any insurance cover, a survey has warned.
Despite several high-profile cyber attacks on major corporations, the insurance industry is still behind the times when it comes to cyber liability. How can it catch up?
The continuing economic downturn and prevalence of large losses make this a difficult period for the insurance industry – but the sector is demonstrating its resilience.
Underinsurance is a common problem and a collaborative approach is needed to stamp out an issue that has gone unresolved for too long
Bollington has confirmed that it is targeting business in the life sciences sector specifically aimed at the medical devices area with a twelve-strong team.
Electrical Contractors’ Insurance Company (ECIC) has launched a new product aimed at the green energy industry.