Market Announcement

Broader by design. CyberCare 2.0 moves from six insuring clauses to twenty-three. We have rebuilt CyberCare from the ground up.

What is new:

• Affirmative artificial intelligence cover: a loss is not excluded just because AI, deepfake or similar technology was used to carry it out.
• Media Liability, for content the insured creates or disseminates.
• A full cyber crime suite: Computer Fraud, Fraudulent Impersonation, Invoice Manipulation Fraud, Vendor Payment Fraud, Telecom Fraud and Cryptojacking.
• A 48-hour excess waiver on initial breach response costs, and formal Automatic and Optional Extended Reporting Periods of up to three years.
• Dependent (contingent) business interruption for both IT and non-IT suppliers, plus a System Failure trigger that does not require a security breach.
• Reputation Harm, for lost income following adverse media or a notification.
• Security Improvement Costs and Rewards following a breach.
• First party property damage and bodily injury, both of which were excluded under legacy, now provided as Additional Benefits.
• and much more!

Incident response is delivered through Mills Oakley in Australia.

CyberCare 2.0 is backed by Underwriters at Lloyd’s. Existing terms and renewals will be handled as usual, and our team can walk you through what has changed.

If you have any questions please email cyber@withagile.com