Travelers Europe launches new cyber product

Travelers Europe has launched a new product it says will provide improved protection against the unique cyber risks facing IT, communications and electronics manufacturing and assembly companies in the UK and Ireland.

The new offering covers public and products liability, property damage and business interruption, employers’ liability, professional indemnity, cybermedia liability and network security insurance.

“Cyber breaches can impact a company’s operations, finances and reputation, so it’s no wonder that more than 65 percent of technology firms view cyber risks as the chief threat to their business,” said Mark Crane, technology practice lead, Travelers Europe. “This package helps technology companies protect their business and their hard-earned reputations as they manage through a cyber incident and get back to business as usual.”

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