WTW launches CyProtect Bermuda, reinventing distinction in Cyber Insurance
12 Dezembro 2023 - 11:29AM
WTW (Nasdaq: WTW), a leading global advisory, broking, and
solutions company, today announced the launch of CyProtect Bermuda,
a cutting-edge cyber insurance product designed and tailored to be
a comprehensive solution for financial, professional, and executive
risks. Targeted towards large enterprises operating in the Bermuda
market, CyProtect Bermuda is setting a new standard, delivering
fortified coverage, streamlined processes, and exclusive advantages
to shield corporations from the ever-changing cyber threat
landscape.
CyProtect Bermuda is a pioneering insurance solution, seamlessly
integrating key features rooted in proven excellence and anchored
on the market-friendly WTW FFEP/MOI* Form. With a modernized slip
format, this innovative cyber product delivers exclusive
affirmative punitive damages cover tailored for the Bermuda market.
WTW’s in-house administration services deliver efficiency through a
cost-effective, original solution. WTW Bermuda’s optimized
process includes integrating arbitration and jurisdiction
elements for enhanced clarity and an option for additional
comprehensive coverage against regulatory fines and penalties.
In essence, CyProtect Bermuda revolutionizes the quote-to-policy
process, delivering a seamless, efficient experience. The new slip
format streamlines steps, making the quote-to-policy process much
faster and more efficient.
"CyProtect Bermuda embodies a robust safeguard for our clients,
reinforcing our commitment to providing cutting-edge solutions for
cyber insurance," said Tommy Edwards, Head of Cyber, FINEX,
Bermuda, WTW. "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.”
*FFEP/MOI = Follow Form Excess Policy / Memorandum of
Insurance
About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led
solutions in the areas of people, risk and capital. Leveraging the
global view and local expertise of our colleagues serving 140
countries and markets, we help organizations sharpen their
strategy, enhance organizational resilience, motivate their
workforce, and maximize performance.
Working shoulder to shoulder with our clients, we uncover
opportunities for sustainable success—and provide perspective that
moves you. Learn more at wtwco.com.
Media Contacts:
Douglas MenellyDouglas.Menelly@wtwco.com +1
(516) 972 0380
Arnelle SullivanArnelle.Sullivan@wtwco.com +1
(718) 208-0474
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