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More sectors flood to purchase cyber insurance as policies evolve: Beazley

Posted On: Oct. 18, 2017 4:00 AM CST

Paul Bantick, team leader for technology, media and business services underwriting at U.K.-based insurer Beazley P.L.C., said that the insurance market for cyber risks is changing and bringing new buyers such as manufacturers, critical infrastructure and energy utilities, StrategicRisk reported. "Clients are considering business interruption, contingent business interruption, regulatory and other privacy liability covers," Mr. Bantick said.

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