Overview
The FINEX Cyber Middle Market & Select Panel consists of pre-selected specialty carrier partners providing:
- Pre-negotiated minimum coverage enhancements for all lines
- Commitments to consider other enhancements based on client's risk profile
- Ability to secure quotes for standalone or blended coverage from the same carrier (cross-selling opportunity) or target particular carriers for certain coverages
- Competitive premiums and retention
Key benefits
- Broad coverage through pre-negotiated minimum coverage enhancements:
- Broad coverage for organizations and individuals
- Primary capacity of at least $10 million generally available
- Stand-alone limits or shared limits available
- Unlimited overall capacity by virtue of eligible excess placements
- Client-friendly claims/loss notice wordings
- Clearer continuity of coverage including improved prior notice exclusions
- Full suite of Cyber coverage agreements
- Complimentary risk/loss control services
- Broad overall industry appetites
- Submission templates and carrier by carrier coverage overviews (summaries)
Eligibility
- The industries/companies that are not eligible:
- Medical malpractice/professional liability
- Architects & Engineers E&O
- Lawyers/Accountants professional liability
- Size of client restrictions:
- Greater than $1B in annual revenues not eligible
Carriers
- AIG
- Axis
- Beazley
- Chubb
- Coalition
- Resilience
- Travelers
Disclaimer
WTW hopes you found the general information provided here informative and helpful. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you would like more information regarding your insurance coverage, please do not hesitate to reach out to us. In North America, WTW offers insurance products through licensed entities, including Willis Towers Watson Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).
Download
FINEX Cyber/E&O Panel
To read more, download now.
Pages: 2 | File size: 970KB