Munich Re Syndicate at Lloyd’s said on Aug. 21 that it has introduced an insurance solution to cover cyber exposure for the independent oil and gas sector. Munich Re Syndicate, Cyber exposure, Oil sector, Gas sector, Dominick Hoare, London, Europe
Munich Re Syndicate in Lloyd's of London has introduced cyber insurance cover for the independent oil and gas sector. The product includes coverage of traditional data breaches, as well as any physical loss or expense that results from a cyber attack. Lloyd’s is also offering its customers an online service to help them identify potential cyber-attacks on their systems.