QCyberProtect provides specific coverage for losses directly arising from current and emerging cyber risks. These include, but are not limited to, network security, privacy liability, IT and non-IT business interruptions, and reputational loss.
QCyberProtect is available for a variety of organisations, ranging from mid-sized companies outsourcing their IT departments to global corporations with complex large-scale IT systems.
Alongside its global cyber-insurance coverage, QBE is also implementing QCyberPrepare. This is a cyber safe room, where cyber customers can launch incident response plans on a secure platform with secure messaging.
QCyberProtect is currently available in Australia, Hong Kong, Malaysia, the Netherlands, Singapore, Sweden, the UAE, the United Kingdom, the United States, and Vietnam, with plans to expand to further territories throughout the year.
Andrew Horton, Group CEO of QBE Insurance, commented: “Strategic investments in our cyber capabilities have strengthened our ability to shield our clients from the most pressing cyber threats. This offering highlights our commitment to delivering globally consistent and practical solutions that address the ever-evolving cyber risks our customers face around the world.”
Serene Davis, QBE Global Head of Cyber, added: “QBE’s global cyber policy is supported by a network of highly skilled cyber experts and strategic partners to ensure world-class coverage and service. We are providing our customers with the comprehensive coverage and services they need to navigate end-to-end cybersecurity issues.”
