QBE has announced a ‘First Response Coverage’ enhancement to its Cyber insurance policy.
This enhancement is specifically designed to help insureds respond quickly and effectively to cybersecurity and data privacy incidents by facilitating immediate engagement with professional service providers.
Key features include:
- Removal of retention for certain event expenses incurred within the first 72 hours of a security or data incident.
- Waiver of insurer prior consent requirement for costs incurred with a service provider on our panel advisor's panel . . .
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