Lorega has added dedicated services and homeowners cover to its cyber recovery insurance portfolio
In a statement, the insurer said that the new additions will “help homeowners recover from cyber threats and attacks, email fraud, cyber theft, and identity theft.”
Read more: Lorega adds low-cost cyber to product mix
Lorega’s home cyber recovery product provides homeowners affected by a cyberattack with access to expert advice and, depending on the level of service, cover for related costs – including repairing or replacing computers systems, personal data reconfiguration and restoration, removal of viruses and ransomware, termination of hacking, losses incurred in fraud or theft, liaison with financial institutions in case of identity theft, and certain costs and expenses in relation to defamation liability claims.
“The risks and impact of cyber-related crime are no longer the sole domain of businesses,” said Andrew Kilgour, director of broker relationships. “The growing dependence on connected devices in the home for day-to-day activities is creating a clear need for personal cyber protection and assistance. We are responding to this with a dedicated service designed to provide advice and assistance when it is needed most to help homeowners to recover from a potentially devastating and damaging cyberattack.”
