The Hanover Insurance Group has announced that they are launching a “new suite of cyber products designed to help protect small to mid-sized businesses from losses related to data breaches and cyberattacks,” according to Claims Journal.
This new suite of cyber products allows independent insurance agents to provide their customers more security from the threat of data breaches and cyberattacks by enhancing first party and third party options, which will help cover financial loses related to breaches and attacks.
Michael R. Keane, president, small commercial at The Hanover stated, “With hackers and malicious programs becoming increasingly sophisticated, data breaches represent financial, reputational and operational threats to businesses. Our new, comprehensive solution helps protect companies against these threats, while providing our agents a competitive advantage in the marketplace and providing their clients with more peace of mind.”
Claims Journal has more on the new suite of cyber coverages.