WTW launches new cyber insurance offering for the Bermuda market

WTW has launched a new cyber insurance product designed and tailored to be a comprehensive solution for financial, professional, and executive risks. 

The offering, known as CyProtect Bermuda by WTW, is crafted specifically for large enterprises operating within the Bermuda market. 

This pioneering product aims to provide an all-encompassing shield against the constantly evolving cyber threat landscape. 

WTW’s CyProtect Bermuda stands as a testament to the company’s commitment to fortifying its clients against cyber threats. This innovative insurance solution integrates key features based on proven excellence and market insights, introducing unique advantages and fortified coverage tailored to the Bermuda market’s requirements. 

The offering introduces an innovative slip format to the space, streamlining the quote-to-policy process for increased speed and efficiency.  

This modernised approach integrates exclusive affirmative punitive damages cover, optimised administration services, and additional comprehensive coverage against regulatory fines and penalties, offering an unmatched cyber insurance experience. 

The launch of CyProtect Bermuda by WTW marks a significant stride in the realm of cyber insurance, targeting financial, professional, and executive risks. Crafted specifically for large enterprises operating within the Bermuda market, this pioneering product aims to provide an all-encompassing shield against the constantly evolving cyber threat landscape. 

CyProtect Bermuda introduces an innovative slip format, streamlining the quote-to-policy process for increased speed and efficiency. This modernised approach integrates exclusive affirmative punitive damages cover, optimised administration services, and additional comprehensive coverage against regulatory fines and penalties, offering an unmatched cyber insurance experience. 

Tommy Edwards, Head of Cyber, FINEX, Bermuda, WTW, said, ”CyProtect Bermuda embodies a robust safeguard for our clients, reinforcing our commitment to providing cutting-edge solutions for cyber insurance. This innovative solution is meticulously crafted to fortify enterprises against evolving cyber threats, offering a tailored defense finely attuned to the unique attributes of the Bermuda insurance marketplace.” 

Keep up with all the latest FinTech news here 

Copyright © 2023 FinTech Global 

Enjoying the stories?

Subscribe to our weekly InsurTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.