BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
American International Group Inc. on Tuesday said it has launched a stand-alone primary cyber insurance policy for property and liability exposures.
CyberEdge Plus combines AIG’s cyber insurance and risk mitigation offerings to provide coverage for property damage, bodily injury, business interruption, and product liability, AIG said in a statement.
Limits are available up to $100 million “but will depend on industry, risk management controls, capacity already exposed to a particular risk and ventilation between layers,” New York-based Tracie Grella, head of cyber risk insurance for AIG, said in an emailed statement.
Companies and organizations “can secure coverage from one company and one policy form to address multiple cyber exposures and the severity of those exposures, from cyber security data breach to hackers causing physical damage,” Ms. Grella said in the statement.
(Reuters) — A rash of hacking attacks on U.S. companies over the past two years has prompted insurers to massively increase cyber premiums for some companies, leaving firms that are perceived to be a high risk scrambling for cover.