Munich Re launches US cyber reinsurance coverage
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Munich Reinsurance America Inc. will offer $15 million in cyber reinsurance capacity for U.S. primary insurers covering small and mid-sized businesses, the reinsurer said Wednesday.
The Princeton, New Jersey-based unit of Munich Reinsurance Co. said in a statement the reinsurance will cover proprietary cyber insurance forms as well as ISO-based coverage.
The coverage includes access to Munich Re’s risk management portal and a post-breach services panel, the statement said.
The cover is available in all states.
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