DUAL Corporate Risks is offering two new product extensions – E-VAC and Cyber Liability – from 1 June.
With 40% of cyber attacks in 2010 directed at small and medium sized businesses and 36% of data breaches caused by companies’ own employees, Cyber Liability is perceived as a necessary protection as part of good risk management.
DUAL, in partnership with London-based emergency rescue and evacuation specialists, Northcott Global Services (NGS), has developed a unique E-VAC product aimed at companies with expatriate, overseas-based employees or business travellers. The policy provides fast, responsive, non-medical removal of employees and their families when staying in their current location becomes too dangerous. NGS has effected rescues in as little as two hours from countries around the globe using their worldwide network of on-the-ground assets providing secure, point-of-incident capability 24 hours a day.
E-VAC complements the protection that employers have a duty to provide to their overseas-based expatriate employees and business travellers.
“We developed these extensions to help our customers deal with the 21st century threats faced by their businesses.” said Russell Kilpatrick, DUAL Corporate Risks’ executive chairman. “We have had a lot of demand to develop a Cyber Liability extension to our range of business-critical covers. In addition, political and civil unrest is also a serious problem for companies with overseas-based personnel and not just in developing countries. E-VAC coverage can initiate a rescue in as little as 15 minutes anywhere in the world.”
