International Marine Underwriters Adds Cyber Coverage to Marine Policies

October 16, 2018

International Marine Underwriters (IMU), a member of OneBeacon Insurance Group, has expanded its product offering with information risk coverage to address a broad range of cyber incidents including data breach, threat of intrusion or interference with computer systems, damage to data and systems from cyber-attack and cyber-related litigation.

Coverage is available as an endorsement to an existing IMU marine policy, including yacht club, marina and commercial marine package and certain hull and protection & indemnity policies.

IMU’s cyber coverage includes first-party and third-party liability coverage for threats including data compromise response expenses; computer attack; cyber extortion; data compromise liability; network security liability; and electronic media liability.

Additionally, customers will have access to cyber-specific resources and services through eRiskHub, an online risk management portal designed to help customers prepare and respond to data breach and cyber-attacks.

IMU offers a full range of ocean marine insurance products across the U.S. and Canada. Ocean marine products include, but are not limited to, commercial hull and marine liabilities at both the primary and excess levels; ocean and air cargo with coverage extensions such as inland transit, warehousing and processing; yachts; and several marine package products with comprehensive property, auto and liability coverage.

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