Global insurance firm XL Catlin has launched a new online resource, CyberRiskIQ.com, in a bid to provide cybersecurity readiness and incident response services for the customers.
CyberRiskIQ.com includes a cyber liability library, news center, learning center, risk manager’s toolbox and vendor partner resources.
It provides information on the underwriting and claims, as well as offers an incident roadmap suggesting steps to take following a network or data breach incident.
XL Catlin North America cyber and technology group chief underwriting officer John Coletti said: "Cyber threats and data breaches are continuing to increase in both magnitude and sophistication.
"Industry and world leaders are calling upon company executives and governing boards to make cybersecurity a top priority.
"As a result, our clients need to be prepared to respond to the latest threats and more importantly, have the resources to help them successfully navigate potentially catastrophic circumstances."
The cyber insurance unit of XL Catlin offers a broad coverage for data protection and privacy risks for third-party claims and first-party mitigation costs following a technology or cyber event.
According to XL Catlin, the coverage is provided for businesses across various industries and technology companies.
XL Catlin’s insurance firms offer property, casualty, professional, financial lines and specialty insurance products across the globe.
Image: XL Catlin has introduced a new online resource that provides cybersecurity readiness and incident response services. Photo: courtesy of Stuart Miles / FreeDigitalPhotos.net.