Travelers’ European unit offers stand-alone cyber policy

Travelers Cos. Inc.’s European unit in London said Monday it is introducing a stand-alone cyber insurance coverage for companies of all sizes in the United Kingdom and Ireland.

New York-based Travelers said the new product provides liability and first-party cover for losses from cyber attacks as well as access to assistance including breach coaches, forensics investigators, public relations support and credit monitoring services

The coverage, which includes £10 million ($13.3 million) in limits across liability, breach response, cyber crime and business loss covers, can be purchased individually or as part of the Travelers management liability package, according to the statement.