QBE Insurance has today unveiled its QCyberProtect policy.
Designed to enhance cyber resilience for a broad range of clients worldwide, QCyberProtect provides tailored coverage for losses arising from current and emerging cyber risks, including, but not limited to, network security, privacy liability, IT and non-IT business interruptions and reputational loss.
“Strategic investments in our cyber capabilities have strengthened our ability to shield our clients from the most pressing cyber threats,” said Andrew Horton, group CEO of QBE Insurance. “This offering highlights our commitment to delivering globally consistent and practical solutions that address the ever-evolving cyber risks our customers face around the world.”
QCyberProtect provides cyber insurance for a range of organisations, from mid-sized companies relying on fully outsourced IT departments to global corporations with complex large-scale IT systems.
Along with its global cyber insurance coverage, QBE is also implementing QCyberPrepare. Available in many locations around the world, QCyberPrepare is a “cyber saferoom” where cyber customers can launch their incident response plan in a secure platform with secure messaging. This risk management tool empowers organisations to be connected, confident and in control before, during and after a cyber crisis.
QCyberProtect is currently available in Australia, Hong Kong, Malaysia, Netherlands, Singapore, Sweden, UAE, the UK, the US and Vietnam, and will be launching in further countries later this year.
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