QBE launches global cyber policy to enhance client resilience – Reinsurance News

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Global insurer QBE has launched QCyberProtect, a comprehensive and consistent cyber policy designed to enhance cyber resilience for a diverse range of clients across the globe.

QCyberProtect offers customised coverage for losses from various cyber risks, including network security breaches, privacy liability, IT and non-IT business interruptions, and reputational loss.

It provides cyber insurance for a variety of organisations, from mid-sized companies with outsourced IT departments to global corporations with complex IT systems.

Andrew Horton, Group CEO of QBE Insurance, stated, “Strategic investments in our cyber capabilities have strengthened our ability to shield our clients from the most pressing cyber threats.”

He added, “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.”

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Serene Davis, QBE Global Head of Cyber, said, “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.”

She continued, “We are providing our customers with the comprehensive coverage and services they need to navigate end-to-end cybersecurity issues.”

In addition to QCyberProtect, QBE will implement QCyberPrepare, a secure platform where clients can launch their incident response plans with secure messaging. This risk management tool empowers organisations to stay connected, confident, and in control before, during, and after a cyber crisis.

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