Travelers Europe Introduces Stand-Alone Cyber Product for Businesses in UK and Ireland
July 09 2018 - 4:30AM
Business Wire
New offering addresses cyber liability and
includes risk management expertise
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 can help 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 TravelersThe 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180709005246/en/
Media:The Travelers Companies, Inc.Matt BordonaroUK: +44
(0)20.3207.6603US: +1.860.277.7014mbordona@travelers.com
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