XTML, an Internet solutions provider, announced that it has made arrangements with U.K. insurer Independent Insurance to offer a policy covering damages caused by Internet viruses, including e-mail originated viruses like “the love bug,” which caused extensive damage to computer programs earlier this month.
According to XTML, the product, called “Ensure,” offers world’s first “all-rounded” coverage of e-commerce risks.
Policy limits were available up to 拢 1.5 billion ($ 2.2 billion).
Was this article valuable?
Here are more articles you may enjoy.
More Americans Are Moving Away From Flood Risk Than Toward It
Florida-Based Safepoint Withdraws IPO Just as it Was Expected to Launch
NAIC Says Data Taken in Hack Has Been Published Online
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 

