Liberty General launches cyber cover amidst system failure risks

Approved incident counsel removes retention for incident coach services.

Liberty General Insurance has launched Liberty Cyber Resolution in India, a cyber insurance product designed to support organisations facing rising cyber risks.

The product includes 24/7 cyber incident response support, cyber risk engineering services, and specialist underwriting and claims support.

The product offers coverage for reputational harm, first-party cyber property damage, threat management, proof of loss preparation costs and criminal rewards. 

It also includes personal harm protection for the leader’s household.

Liberty said there will be no retention for incident coach services when the company’s approved incident counsel is engaged.

The product also provides coverage for business interruption, supply chain interruption and incident management linked to system failure. It includes coverage for unintentional unauthorised collection or use of protected information.

Policyholders will also have access to pre-approved incident response and digital forensics partners across Asia-Pacific.