AIG Europe has extended its cyber attack cover for its mid to large commercial property policyholders.
It said the cyber attack extension will provide cover with a limit of £15m for:
· Restoration and recovery costs for systems resources and information assets (such as credit card numbers, customer information, plans, and specifications) lost or corrupted by an attack, and
· Business Interruption losses triggered after 12 hours, additional working expenses, forensic and investigation services after network failure caused by a computer attack.
Quotations are being provided to existing property policyholders and new business enquiries where there is a dependency on their computer networks.
Shaun Cooper, who is responsible for AIG Europe's range of network security and network liability products, said companies benefit just by getting a quote: “The assessment looks at policyholders' network infrastructure, their security procedures, practices and protocols.
“It means that policyholders get the benefit of a detailed objective review of their overall network environment by a major organisation.”
The launch of Cyber Attack follows AIG's Office+Disaster Recovery product for SMEs.
