WTW Boosts Global Cyber Facility With Increased Capacity and Broader Coverage Options
WTW Boosts Global Cyber Facility With Increased Capacity and Broader Coverage Options
LONDON, May 08, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announces strategic enhancements to its global cyber facility. Following a successful launch in January 2023, WTW's CyXS facility, a global solution for excess cyber insurance coverage, has introduced new features, effective 1 April 2024, designed to meet the dynamic needs of clients and keep ahead of market trends as cyber risks escalate.
倫敦,2024年5月8日(GLOBE NEWSWIRE)——全球領先的諮詢、經紀和解決方案公司WTW(納斯達克股票代碼:WTW)今天宣佈對其全球網絡設施進行戰略改進。繼2023年1月成功推出後,WTW的CYxS設施是超額網絡保險的全球解決方案,已推出新功能,自2024年4月1日起生效,旨在滿足客戶的動態需求,並在網絡風險升級時保持市場趨勢領先地位。
Key enhancements include:
主要增強功能包括:
- Increased capacity: the maximum capacity has been raised by 50%, from 50 million to 75 million USD/EUR/GBP in response to client feedback.
- Expanded insurer participation: the number of participating Lloyd's insurers has doubled, increasing from 7 to 14
- NEW cyber physical damage cover: available as a standalone option or blended with traditional cyber coverage
- Enhanced CyXS restore options: further expanded reinstatement options to provide clients with flexibility and the assurance of pre-negotiated capacity replenishment
- 增加容量:根據客戶反饋,最大容量已提高50%,從5000萬美元/歐元/英鎊提高到7500萬美元/歐元/英鎊。
- 擴大保險公司的參與度:參與的勞埃德保險公司的數量翻了一番,從7家增加到14家
- 新的網絡物理傷害保障:可作爲獨立選項提供,也可以與傳統網絡保險混合使用
- 增強的 CYxS 恢復選項:進一步擴展了恢復選項,爲客戶提供了靈活性,並保證了預先協商的容量補充
WTW has increased the capacity of the CyXS facility based on client feedback, reflecting a commitment to providing robust support for its global client base. The facility now also includes coverage for cyber-induced physical damage, which is becoming increasingly relevant as cyber exclusions become prevalent. Unlike static offerings in the market, WTW's CyXS facility is designed with an agile approach to rapidly adapt to increasingly severe cyber threats, and not only meet but anticipate client needs.
WTW根據客戶反饋增加了CyxS設施的容量,這反映了爲其全球客戶群提供強有力支持的承諾。該設施現在還包括網絡引發的物理損害的保險,隨着網絡排除的普及,這種保障變得越來越重要。與市場上的靜態產品不同,WTW的CyxS設施採用靈活的方法設計,可快速適應日益嚴重的網絡威脅,不僅可以滿足而且可以預測客戶的需求。
Glyn Thoms, Head of GB Finex, Cyber and TMT at WTW, said: "Our 2024 Global Directors' and Officers' Survey underscores that cyber risk remains a top concern for directors globally. The enhancements to the CyXS facility are a direct response to this concern, ensuring that we continue to lead with solutions that are not only comprehensive but also adaptable to the varied needs of our clients across different industries and regions."
WTW英國金融交易所、網絡和TMT主管格林·託姆斯表示:“我們的2024年全球董事和高級管理人員調查強調,網絡風險仍然是全球董事最關心的問題。對CYxS設施的改進是對這一擔憂的直接回應,確保我們繼續領先提供不僅全面而且能夠適應不同行業和地區客戶不同需求的解決方案。”
Andy Maher, head of cyber and technology, London, AXIS Capital said: "We are very pleased to continue as a leader of the WTW CyXS facility, which harnesses some of the key values that Lloyd's markets bring to the cyber insurance space, ensuring the class keeps pace with and anticipates our mutual customers' needs."
AXIS Capital倫敦網絡與技術主管安迪·馬赫爾表示:“我們很高興繼續擔任WTW CyxS設施的領導者,該設施利用勞埃德市場爲網絡保險領域帶來的一些關鍵價值,確保該類別與我們共同客戶的需求保持同步並預測其需求。”
Michael Shen, head of cyber and technology, London market, Canopius added: "Our ongoing partnership with WTW enters its second year as a leader on the enhanced CyXS facility. We are proud to be part of this excess cyber insurance solution, as it expands to address a challenging cyber risk landscape and the evolving needs of clients."
倫敦市場網絡與技術主管邁克爾·申補充說:“我們與WTW的持續合作已進入第二年,成爲增強型CYxS設施的領導者。我們很自豪能夠參與這種超額網絡保險解決方案,因爲該解決方案正在擴展以應對充滿挑戰的網絡風險格局和不斷變化的客戶需求。”
CyXS stands out as a sophisticated solution in the realm of cyber insurance, specifically structured to help companies facing complex challenges strengthen their existing cyber risk insurance programs efficiently and effectively.
CYxS作爲網絡保險領域的複雜解決方案脫穎而出,其結構專門用於幫助面臨複雜挑戰的公司高效地加強其現有的網絡風險保險計劃。
About WTW
關於 WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
在WTW(納斯達克股票代碼:WTW),我們在人員、風險和資本領域提供數據驅動、以洞察爲導向的解決方案。利用我們爲140個國家和市場服務的同事的全球視野和本地專業知識,我們幫助組織完善戰略,增強組織彈性,激勵員工隊伍並最大限度地提高績效。
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you. Learn more at wtwco.com.
我們與客戶並肩合作,發掘可持續成功的機會,並提供令您感動的視角。要了解更多信息,請訪問 wtwco.com。
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媒體聯繫人
Sarah Booker
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Sarah.booker@wtwco.com/+44 (0) 7917 722040
譯文內容由第三人軟體翻譯。