Marine Cyber Insurance, End Of Trial Period

73

We would like to inform our members and brokers that the trial period for The Swedish Club’s Marine Cyber Insurance offering will conclude on 31 March, says an article published on swedish club website.

Summary

  • The trial period for The Swedish Club’s Marine Cyber Insurance offering will conclude on 31 March.
  • The initiative to provide all members with Marine Cyber Insurance was prompted by the increasing connectivity of vessels, the prevalence of Cyber threats, and the growing Cyber security regulations.
  • To ensure continuity of coverage beyond 31 March 2024, members are required to confirm their interest by completing and returning either the Cyber Basic or Basic Plus questionnaires. Failure to do so will result in the termination of Marine Cyber Insurance coverage for their vessels.
  • The Cyber product offered by The Swedish Club is distinguished by its combination of affirmative and primary cover, extensive scope, and competitive pricing, garnering significant interest and accolades from clients.

Rationale For The Initiative

The decision to provide all members with Marine Cyber Insurance was prompted by the escalating connectivity of vessels, the growing prevalence of Cyber threats, and the increasing Cyber security regulations. 

Action Required

To ensure continuity of coverage beyond 31 March 2024, it is imperative to confirm your interest by completing and returning either the Cyber Basic or Basic Plus questionnaires. Failure to do so will result in the termination of Marine Cyber Insurance coverage for your vessels.

Unique Features And Benefits

TSC’s Cyber product stands out due to its distinctive combination of affirmative and primary cover, extensive scope, and competitive pricing, garnering significant interest and accolades from our clients. 

Comprehensive Protection

By maintaining the insurance, your vessels will be protected against Physical Damage arising from Cyber-attacks, including Loss of Hire, areas often excluded in standard policies. Additionally, you will have access to round-the-clock Emergency Response Services to address Cyber threats promptly and effectively.

Did you subscribe to our daily Newsletter?

It’s Free! Click here to Subscribe

Source: swedish club