Vantage Group Holdings will underwrite US primary cyber insurance through its subsidiaries, expanding the company’s insurance capabilities for brokers and clients.
The business, which has provided excess cyber insurance in the US and Bermuda since 2022, will now offer up to $10 million in capacity for the new primary coverage. The goal is to protect various industries, particularly the technology sector.
The US primary offering includes specialized claims expertise and attack response services, as well as a comprehensive understanding of errors and omissions (E&O) exposures, ensuring well-structured solutions in a dynamic risk landscape.
The coverage encompasses both first-party and third-party costs, including technology E&O, media, network security, and privacy liability. Also part of the proposition are data breach notifications, credit monitoring, forensics investigations, business interruption cover, data recovery and repair, and protection against regulatory fines, penalties, and extortion threats.
Vantage collaborates with top specialists to provide incident response services such as call center monitoring, forensic accounting, forensic incident response, public relations, and more.
“Cyber risk is rapidly evolving and demands stable, long-term partnerships for effective risk management,” stated Juliet White, head of cyber and professions E&O. “Our team of experts is ready to meet the opportunity head-on. We’re excited to extend our capabilities into primary cyber and provide the protection that our clients need to grow their businesses.”
US cyber and E&O is an addition to Vantage’s existing lines of business, which include casualty, construction, financial lines, healthcare, large property, management liability, political risk & credit in the US, as well as casualty and financial & professional lines in Bermuda.
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