Bermuda-based insurer and reinsurer Vantage Group Holdings Ltd. said Tuesday it will offer up to $10 million in U.S. primary cyber insurance capacity through its U.S. insurance subsidiaries.
Coverage is for both first- and third-party costs, including technology errors and omissions, media, network security, privacy liability, data breach notifications and credit monitoring, forensics and investigations, business interruption, data recovery and repair, regulatory fines and penalties, and extortion threats, Vantage said in a statement.
Vantage introduced excess cyber insurance capabilities in the U.S. and Bermuda in 2022.
Vantage was launched in late 2020 and has continued to add coverages since, including surplus casualty and large property lines.
