Zurich is launching a new cyber-protection policy for UK and global customers who face cyber risks called Security and Privacy.

According to Zurich, “despite the advances in cyber security, it is clear hackers are currently winning the battle,” and its product is coming “at a time when it’s never been more important to protect a company’s balance sheet and reputation from such risks.”

The Security and Privacy Protection policy is developed to cover first-party exposures and third-party liabilities. Additionally, it covers loss of income following a data breach or damage to reputation.

Insurance Age has the whole story.

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