AmWINS Brokerage’s financial services practice has launched a new cyber policy to respond to the growing demand for and limited availability of cyber coverage.
“With some domestic insurers exiting the product line, as well as revising their appetite away from retailers and large revenue companies, we recognize the need for increased cyber liability insurance capacity,” said James Drinkwater, president of AmWINS Brokerage. “This exclusive new product enables us to provide up to $100 million of excess cyber liability on a follow form basis.” This coverage is backed by Lloyd’s of London paper and does not exclude any classes or industries.