News

Howden launches its new primary Cyber & Tech E&O facility, developed in conjunction with Lloyd’s Insurance Company

Published

23 November 2023

Read time

2 minutes

London, 23 November 2023 - Howden, the global insurance group, today announces the launch of one of the first dedicated European cyber and technology errors & omissions lineslips for primary business. The product is led by Canopius and IQUW with support from three other Lloyd’s insurance company markets and benefits from up to EUR 20,000,000 limits and an A Excellent – A.M. Best Credit Rating.

This product is designed for a wide range of cyber and technology risks in 14 different countries across Europe and companies with up to EUR 3bn turnover will be eligible.

Highlights

  • Full 1st and 3rd party primary Cyber & Tech E&O coverage;
  • Insurer led breach response capability with 24/7 hotline and ability to accommodate all languages;
  • Access to a suite of pro-active risk management services; and,
  • Streamlined cyber application form

Risks domiciled in the following countries can submit to Howden for terms:

  1. Sweden
  2. Finland
  3. Norway
  4. Denmark
  5. Iceland
  6. France
  7. The Netherlands
  8. Belgium
  9. Luxembourg
  10. Germany
  11. Switzerland
  12. Spain
  13. Italy
  14. Greece

Shay Simkin, Global Head of Cyber, Howden, comments: 

The EU Mid-Market Lineslips derived from the growing need to service European clients with meaningful capacity. We are excited to release this pioneering product into the market to help clients get the best coverage they can.

If you are interested in discussing this product then please reach out:

Dan Leahy
Associate Director, Cyber and Technology Solutions
+44 (0) 7923 246517
[email protected]

Kriss Bond
Associate Director, Cyber and Technology Solutions
+44 (0) 7710 704699
[email protected]