AON, a global professional services firm that provides risk solutions among other products, recently launched Cyber Enterprise Solutions, it enables businesses to remain protected against cyber criminals, data loss and the potential damages that may come from a cyber-incident . The solution is classified under property/casualty and Internet of Things insurance policy. The Cyber Enterprise Solutions provides;
Cover for property damaged due to a network security breach Products liability to address Internet of Things exposures Business interruption and extra expense coverage caused by systems failure Contingent network business interruption for IT vendors and the supply chain Cyber terrorism coverage Privacy/security liability and the coverage of expense brought by such an event Media liability and technology errors and omissions by endorsement.
