CPPGroup Plc Business update
21 Outubro 2019 - 10:16AM
RNS Non-Regulatory
TIDMCPP
CPPGroup Plc
21 October 2019
21 October 2019
CPPGroup Plc
Business Update
CPP LAUNCHES SME CYBER INSURANCE PRODUCT TO UK MARKET
CPPGroup Plc ("CPP"), has today announced the launch of a new
Cyber Insurance product in to the UK market, specifically designed
to protect SMEs. The policy is offered by CPP Secure, the
organisation's UK insurance arm, and is available on the Acturis
platform.
The Cyber Insurance policy is the first product launch by the UK
business since its recent entry into the insurance broker market,
following the acquisition of broker Business & Domestic
Insurance Services.
More than half of malware attack victims are classed as small
businesses. The new Cyber Insurance policy from CPP will provide
affordable, accessible full cover to organisations with revenues up
to GBP20 million. It also includes an extensive range of services
such as direct access to a 24/7 helpline, free antivirus software,
and cloud-hosted backup storage. Should an incident occur, the
policy provides access to a specialist IT forensic company to
investigate what data has been compromised. Public relations
support will also be available to mitigate against any potential
reputational damage.
The new product has been launched on the industry-specific
Acturis platform, used by more than 20,000 insurers and brokers. It
is available on the platform for stand-alone sale or as a product
bought alongside other insurance.
Jason Walsh, Group CEO of CPP, commented:
"We are pleased to announce the launch of our new Cyber
Insurance product in to the UK broker market. SME organisations are
increasingly at risk of cyber threats, which, without the proper
prevention and mitigation in place, can cause severe issues for
businesses. Offering the Cyber Insurance policy on the Acturis
platform gives us access to a large network of brokers that we can
partner with to protect SMEs."
Enquiries:
CPPGroup Plc
Jason Walsh, Chief Executive Officer
Tel: +44 (0)113 487 7350
About CPP
CPP Group is a partner focused, global product and services
company, specialising in the financial services and insurance
markets. We use our local knowledge from 12 country markets within
Asia, Europe and Central America to provide our business partners
with technology-led product, marketing and distribution expertise
that deliver commercial benefits and bring meaningful solutions to
over 9 million end customers worldwide.
CPP's diverse range of insurance and assistance products can be
designed to suit the bespoke needs of our business partners through
providing their customers with peace of mind by reducing the
stresses of everyday life, ranging from protection of mobile
phones, payment cards and household belongings to keeping travel
plans moving and the monitoring of compromised personal data.
For more information on CPP visit
https://international.cppgroup.com
REGISTERED OFFICE
CPPGroup Plc
6 East Parade
Leeds
LS1 2AD
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END
NRAMMMZGFMFGLZM
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October 21, 2019 09:16 ET (13:16 GMT)
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