In addition, firms taking out the cover will also benefit from CFC’s cyber proposition and its internal cyber incident response team with a nil deductible.
“Our revamped product delivers next generation cover for next generation companies,” said CFC’s head of emerging risk, Matthew Taylor. “The risks faced by tech businesses are changing as rapidly as technology itself and insurance policies have to evolve to reflect this. Having consulted with our broker partners and their clients, we’ve introduced some major enhancements to our existing product and we’re confident that CFC offers technology companies a well-rounded policy that truly meets their needs.”
Other features of the policy include affirmative cover for bodily injury and property damage; cover relating to infringement claims of intellectual property rights; and more.
Related stories:
CFC Underwriting helps brokers teach clients how to spot a phishing email
CFC Underwriting announces cyber support tie-up
