Cyber policy

Insurer Beazley has created a marine cyber insurance product to meet the rapidly developing needs of vessel owners and operators. Should a cyber incident impact a vessel’s operational capabilities, Beazley Cyber Defence for Marine provides insurance for physical damage and loss of hire. Risk management services are provided, designed to reduce the likelihood of a cyber incident and demonstrate compliance with forthcoming IMO guidelines. There are three risk management elements included: a self-assessment questionnaire; a cyber security workshop; and an onboard cyber survey.