July 17, 2024 at 04:10PM
QBE Insurance has unveiled QCyberProtect, a comprehensive global cyber policy offering tailored coverage for emerging cyber risks. The policy includes a network of cyber experts and QCyberPrepare, a risk management tool. Currently available in 10 countries, the policy will be launched in more countries. QBE North America, part of QBE Insurance Group Limited, reported Gross Written Premiums in 2023 of $7.6 billion. For more information, visit qbe.com.
From the meeting notes, here are the key takeaways:
– QBE Insurance has unveiled QCyberProtect, a comprehensive and globally consistent cyber policy designed to enhance cyber resilience for various clients worldwide.
– QCyberProtect provides tailored coverage for losses arising from a broad range of cyber risks, including network security, privacy liability, business interruptions, and reputational loss.
– The offering reflects QBE’s commitment to delivering globally consistent and practical solutions to address evolving cyber risks worldwide.
– The policy caters to a range of organizations, from mid-sized companies with outsourced IT departments to global corporations with complex large-scale IT systems.
– Along with global cyber insurance coverage, QBE is also implementing QCyberPrepare, a risk management tool available in various locations around the world.
– QCyberProtect is currently available in several countries and will be launching in additional countries throughout the year.
– QBE North America, headquartered in New York, reported Gross Written Premiums in 2023 of $7.6 billion and operates as part of the QBE Insurance Group Limited, which is headquartered in Sydney, Australia and operates in 27 countries globally.
For more information about QCyberProtect, individuals can visit Cyber | QBE US or contact their regional underwriter for additional details. Additional information about QBE North America can be found at qbe.com/us and on LinkedIn, Facebook, and Instagram.