New offering addresses cyber liability and includes risk management
expertise
LONDON--(BUSINESS WIRE)--
Travelers Europe today announced the availability of Travelers
CyberRisk, a new standalone cyber insurance product for organisations of
all sizes in the United Kingdom and Ireland. Travelers CyberRisk
provides liability and first-party cover for losses from cyber attacks.
It also provides access to assistance that canhelp limit client
exposures to cyber events, including breach coaches, forensic
investigators, public relations support and credit monitoring services.
“With cyber threats continuing to evolve, businesses without dedicated
cover could find themselves insufficiently protected in the event of a
breach,” said Davis Kessler, Head of Cyber at Travelers Europe. “Our
global team has created a package designed to help companies navigate
their cyber event response so they can return to normal as quickly as
possible.”
Travelers CyberRisk includes limits up to £10 million across liability,
breach response, cyber crime and business loss covers. It is a
standalone policy that can be purchased individually or as part of the
Travelers Management Liability Package.
Travelers has provided cyber-related insurance coverage with robust risk
management services for more than 30 years and understands the
importance of helping organisations work through an incident, from
recovering after a breach to managing expenses associated with an
attack. To learn more, contact your insurance broker, or visit travelers.co.uk/cyber.
Travelers has operated in Europe for decades in both the general
insurance market and through Lloyd’s. Travelers Insurance Company
Limited offers business insurance, bond and specialty insurance and risk
management services. Travelers Syndicate 5000 at Lloyd’s underwrites
specialist and complex business classes, including marine, global
property, power and utilities, accident and special risks, aviation and
energy. In addition to CyberRisk, Travelers can provide cover for
Professional Indemnity, Directors and Officers, Employment Practices
Liability, Pension Trustees Liability, Property, Casualty and Crime.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV)
is a leading provider of property casualty insurance for auto,
home
and business.
A component of the Dow Jones Industrial Average, Travelers has
approximately 30,000 employees and generated revenues of approximately
$29 billion in 2017. For more information, visit travelers.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180709005246/en/
Media:
The Travelers Companies, Inc.
Matt Bordonaro
UK:
+44 (0)20.3207.6603
US: +1.860.277.7014
mbordona@travelers.com
Source: The Travelers Companies, Inc.