WTW has launched its new International CyCore Facility, a cyber solution for international clients with revenues up to the equivalent of US$1bn, headquartered outside of Britain and the US.
The ICF is a tailored solution that covers malicious acts, non-malicious acts and technical failures. It provides cyber incident response costs including legal advice, IT forensics, data and cyber restoration as well as crisis communication costs and business interruption cover.
Adrian Ruiz, head of wholesale cyber, WTW, said “Our annual D&O surveys consistently see cyber risk as a significant concern. The increased investment in AI is also causing emerging cyber risks so it’s essential that we develop solutions which can meet the needs of clients in different territories. The evolving cyber risk environment creates a need for a clear, flexible and relevant solution which can be tailored to our client needs. The ICF offers our international clients access to extensive cyber coverage for both established and emerging cyber threats.”
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