QCyberProtect, QBE’s comprehensive cyber policy, provides bespoke coverage that guards against loss arising from current and emerging cyber risks. This coverage, in combination with QBE’s Professional Liability coverage, provides a solid defense against a myriad of cyber exposures.
Risk appetite and target size
- Primary and excess capacity up to $10M.
- Clients range from small and medium-sized enterprises to global corporations with fully outsourced IT networks to those with complex, large-scale IT systems
Coverages
Our extensive Cyber policy can include coverage for:- Network Security and Privacy Liability
- Privacy Regulatory Proceeding
- Online Media Liability
- Event Expense & Bricking
- Network Extortion
- Business Interruption & Dependent Business Interruption, plus claims preparation costs
- Consequential Reputational Loss
- Reward Fund
- Cryptojacking
- Social Engineering
Additional offerings
Insurance easily combined with:
- Media
- Miscellaneous professional liability
- Technology errors & omissions
QCyberProtect policy highlights
- Worldwide protection
- 20% acquisition threshold, 90 days to notify
- Most favorable venue for damages
- Definition of claim includes nonmonetary relief
- Blanket waiver of subrogation when required by contract
- 60-day automatic extended reporting period
- Coverage for liquidated damages if not in excess of the insured’s liability
- Event expenses include costs to temporarily store the insured’s electronic data at a third-party host location
QCyberPrepare
Risk management tool empowering organizations to be connected, confident and in control before, during and after a cyber crisis.
Thought Leadership
Managing insider threats in cyber security
QBE Conversations blog
Cyber Threats to the Financial Services Industry
QBE Research & Insights