The Swedish Club informed members and brokers that the trial period for the Swedish Club’s Marine Cyber Insurance offering is coming to an end after 31 March.
According to the club, the initiative to provide all members with Marine Cyber Insurance was taken on the back of increasing connectivity of vessels, growing number of Cyber threats and mounting Cyber security regulation.
If you do not confirm your interest to continue with the cover, by filling out and returning the Cyber Basic or Basic Plus questionnaires, your vessels will no longer be insured under our Marine Cyber Insurance against Cyber risks after 31 March 2024.
..the Club stated.
As explained, TSC’s Cyber product, has attracted significant interest and praise from our clients.
By continuing with the insurance, your vessels are safeguarded against Physical Damage resulting from Cyber-attacks, including Loss of Hire, which are critical areas often excluded in standard policies. You also have access to 24/7 Emergency Response Services when vessels are faced with Cyber threats.
..the Swedish Club said.
