CNA Hardy targets technology businesses with cyber suite launch
CNA Hardy has launched the latest addition to its technology product suite, Technology Package+, which offers an updated set of cover.
The updated offering builds on CNA Hardy’s existing technology package and according to the business the new policy covers technology businesses of all sizes.
It was launched on 1 January this year and offers a broad risk appetite and capacity for up to £10m for professional liability cover.
Technology Package+ also covers the following sub-sets: software, hardware, services, tele communications, and micro segments.
The policy also offers property, commercial liability, first party cyber and third party cyber cover as standard.
Responsive
Mark Armstrong, UK technology segment leader at CNA Hardy, commented on the new product: “With more than one million technology professionals in the UK alone, CNA Hardy has created an insurance policy that is responsive, relevant, and up to date.
“We must provide clients with risk transfer mechanisms and peace of mind – our enhanced Technology Package+ solution offers a clearly-worded, unambiguous policy with a bigger focus on cyber coverage, which will allow our technology customers to continue to do what they do best - innovate and grow.
“We are an underwriting company and believe that our products should provide up-to-date and responsive coverage. We should not be hiding behind exclusionary language, but instead be offering a product that gives our clients everything they need in one place. That’s what insurance is all about.”
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