Specialty wholesale broker Broker Resources Insurance Services has launched a new commercial cyber insurance policy.
The product, issued through Arch Insurance Company, will include personal cover for executives and their families within the commercial cyber policy, a release said.
“In today’s fast paced 24/7 technology dependent world the line between the professional and the private spheres are often blurred for executives. Executives, given their higher profile, are at a greater risk personally for a cyberattack. The E-Suite 24/7 endorsement provides full limit protection for executives within their company’s cyber policy,” said Broker Resources co-president and co-founder Jeanne Hansen.
“We are pleased to have developed a solution, with Arch Insurance Company, that recognizes the importance of personally protecting key executives and their families from a cyberattack,” Hansen added.
Broker Resources – a wholesale broker focused on creating insurance solutions for members of group captives – is a joint venture between the McGowan Companies and Captive Resources.
