Travelers Europe Offers Cyber Package for Technology Businesses
The Travelers Companies, Inc. (TRV) is an insurance provider of property casualty insurance for home, auto, and business.
Travelers Europe has announced that it has improved its insurance offering for technology businesses in the United Kingdom and Ireland. The new pack provides better protection against risks that are unique to the cyber world. Cyber breach can severely impact the operations, reputation, and finances of a company, and has even been reported by 65% of technology firms as the most significant threat to their business.
Elements of the new package include:
- Network Security (cyber cover)
- Professional Indemnity and Cybermedia Liability
- Data Breach Response Service
- Cyber Breach Coach
Other insurance products for technology businesses that Travelers offers include management liability, personal accident and business travel, cargo and kidnap an ransom cover.