New customised cyber insurance product for shipowners

Ben Abraham

Willis Towers Watson, a global advisory, broking and solutions company, has unveiled a new type of cyber insurance product for shipowners that re-designs standard cyber policies to better navigate the risks for ship operators in the digital era.

The solution, CyNav, addresses cyber threats in the broadest sense, including losses that occur from cyber-related business interruptions, even when the cyber events originate with third party IT service providers.

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Source: seatrade-maritime.com

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