Tokio Marine enhances cyber insurance policy
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Tokio Marine Kiln Group Ltd. has launched Cyber Ctrl PD+, a cyber insurance policy designed to help protect clients against physical damage stemming from cyberattacks, the insurer said in a statement Monday.
The policy provides affirmative cover for property damage and ensuing business interruption arising from a cyberattack, the statement said.
Cyber Ctrl PD+ includes standard cyber insurance coverages such as privacy liability and non-damage business interruption and has limits available up to $25 million, the statement said.
Cyber Ctrl PD+ is an evolution of Kiln’s existing Cyber Ctrl policy, Paul Gooch, cyber underwriter at Tokio Marine Kiln, said in the statement.
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