Ace Group introduces new $100m Global Cyber Facility product
Monday, 09 28 2015, Category: Insurance and Reinsurance, Country: World
Multiline property and casualty insurer Ace Group has introduced new Global Cyber Facility, which has been designed for large insureds, providing up to $100m per insured for qualifying risks globally.
The new solution is said to incorporate integrated loss control services offered by cyber security experts and a proprietary application process designed to evaluate an organization's current risk profile.
It also integrates a specialized policy form, comprehensive claims management, and ongoing, detailed analysis to enable organizations in detecting potential weaknesses that could give rise to future cyber attacks.
Source: Insurance Business Review