2 February 2016 Insurance

Swiss Re Corporate Solutions launches cyber risk solution

Swiss Re Corporate Solutions has expanded its cyber offering with the launch of a new country-specific insurance product, CyberSolutions France.

The cyber risk protection solution enables businesses to defend themselves against increasingly sophisticated cyber attacks by combining comprehensive insurance with risk mitigation and remediation services.

"We offer significant capacity to ensure that our clients are covered in case of a loss," said Francois Brisson, head of cyber and technology, Swiss Re Corporate Solutions.

"Yet our offering is more than just large capacity. It also includes pre- and post-event services that assess their vulnerability to a data breach and help them prepare for and recover from a cyber attack."

The product's preventative services are provided by IBM and include French-language cyber security training and optional annual IT security testing.

The new cyber product also includes recovery services. Clients will gain access to a dedicated data breach response team comprised of Swiss Re Corporate Solutions' highly-respected legal-, forensics- and communications partners. This network is available 24 hours a day, 7 days a week and, in the event of a cyber attack, works seamlessly with the Swiss Re Corporate Solutions' claims team.

CyberSolutions France provides tailored coverage to mid-sized and large companies. This product is available as primary or excess coverage.

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