Willis Towers Watson has launched Willis Towers Watson Aerospace Cyber Guard, a tailored cyber insurance product for the general aviation industry. Willis Towers Watson Aerospace Cyber Guard was developed in cooperation with Berkley Cyber Risk Solutions, a Berkley Company, and is available to a range of North American-based general aviation companies, including charter operators, tour operators, flying clubs, flight schools, fixed-based operators, maintenance repair operators, small aviation-related manufacturing and fleet management companies. The cyber insurance product will be provided by one or more insurance company subsidiaries of W. R. Berkley Corporation. For insureds, the application is streamlined to provide ease and efficiency in obtaining tailored coverage at agreed-upon terms. Key features include first-party cyberliability coverage for: Willis Towers Watson Aerospace Cyber Guard is the latest Willis Towers Watson product to help the aviation industry manage cyber risk. In 2017, CyFly was introduced to provide tailored cyber coverage for large airlines. Was this article valuable? Yes No Here are more articles you may enjoy. Get the latest insurance newssent straight to your inbox.
Willis Tower Watson has launched a cyber insurance product for the aviation industry , in partnership with Berkley Cyber Security Solutions . Willis Towers Aerospace Cyber Guard is available to North American general aviation companies , charter operators , tour operators , flight schools and flight clubs . The insurance covers losses surrounding data breaches , business interruption , ransomware , and fraudulent money transfers .