HSB Canada, a specialty insurer and part of Munich RE, has introduced HSB CyberPro™, a new solution that provides insurance coverage and services for businesses.
HSB CyberPro combines specialized cyber claims servicing, proactive risk monitoring, and risk mitigation tools developed by HSB over nearly two decades in the cyber insurance sector.
This coverage is available in Canada through brokers, targeting Canadian businesses with revenues of $2 billion.
“The launch of HSB CyberPro with our strategic distribution partners will meet the needs of our customers with broad coverage that is uniquely customizable,” said Stephanie Benning, Head of HSB’s Cyber Practice. “Coverage gives businesses the confidence to respond to an unexpected cyber attack.”
Agile, adaptive coverage
Designed for industries such as retail, hospitality, transportation, wholesale, construction, and non-profit organizations, HSB CyberPro is agile and adaptable, helping customers navigate the rapidly changing landscape of regulatory, legal, and technical cyber threats.
HSB Cyber Pro offers a variety of first- and third-party coverages, including protection against cybercrime, business intrusions, system failure, data recovery, event response costs, legal counsel, computer forensics, data recovery, crisis management, and other related risks.
This coverage also includes a cybersecurity risk management platform, which includes proactive monitoring for system and website vulnerabilities, access to cybersecurity and legal experts, ransomware prevention services, security policies, and online assessment and training tools.
Besides writing cyber in the primary market since 2016, HSB has been the partner behind successful cyber insurance products for almost 20 years.
For more information about HSB Cyber Pro, visit HSB.CA.
Titles
Cyber New Markets Canada
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