Marsh launches £500mn non-US cyber cover

Global broker Marsh has developed a cyber risk and data breach
insurance policy with £500mn of limit ($536.9mn) targeted at
mid to large-sized organisations outside the US.
The CyberShield cover is part of the intermediary's Cyber
Assurance suite of cyber risk policies and will be underwritten by
a Lloyd's syndicate.
The insurance provides coverage for third party liability,
defence costs and regulatory fines related to data breaches and
incidences of network hijacking and virus transmissi