Award of Cyber Insurance Policy to Marsh Ltd for The Riverside Group

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The Riverside Group Limited awarded a contract to Marsh Ltd for a cyber insurance policy with a £10M indemnity limit.

The policy covers data breaches, loss, corruption, destruction or theft of data, spread or presence of malware, and any loss, fines, legal and liability costs associated with a cyber act or incident such as malware attack or denial of service.

It also includes costs and handling of ransomware payments, expertise on improvement areas or training and support to avoid cyber incidents, loss related to increased cost of working and business interruption, forensics, investigation and other post-incident costs, and data restoration and reputational assistance.

The contract value is AUD 103,662.