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Aon PLC said Wednesday it is introducing cyber and professional liability insurance online for small and medium-sized businesses.
Aon said the digital insurance service, which is designed for any business generating up to $100 million in annual revenue, enables companies to go through the full end-to-end process of buying and managing cyber and professional liability insurance online.
Aon said businesses also have access to an insurance specialist to walk them through the application process and coverage details.
Eric Seyfried, formerly a senior cyber insurance expert at Aon PLC, has joined Axis Insurance, the unit of Axis Capital Holdings Ltd. announced Monday.