Liberty Mutual Insurance has introduced a new flagship global cyber product suite, creating comprehensive first- as well as third-party cyber coverages and rapid incident response that blend world-wide resources and expertise with product flexibility to meet client-specific needs and local market requirements.
Liberty Cyber Resolution™ is a flexible service designed to address the cyber coverage needs of insureds across all industries and geographies. Liberty Tech Resolution™ provides the same flexibility but gives a blended form (Cyber & Tech E&O) to meet the unique needs of the technology industry.
The base creates of both products include such market-leading features as coverage for personal losses of select executives resulting from a cyberattack first directed at their company, as well as affirmative coverage for quantum computing, generative AI, and first-party property damage, where permissible.
Apart from flexible market-leading coverage, both products provide access to Liberty Mutual's cyber risk engineering team and a global network of leading vendors to help enhance security, effectively negotiate with bad actors, and speed data recovery.
The integration of Artificial Intelligence in Telecommunication is increasingly playing a vital role in enhancing cyber defense mechanisms, improving threat detection, and facilitating rapid incident responses.
Executive Statement
According to Liberty Mutual Global Head of Cyber Insurance Patrick Thielen, these globally supported and regionally executed products provide their clients and distribution partners with the clarity, flexibility and global resources needed to confidently navigate the dynamic cyber risk landscape. Their global team delivers tailored solutions, dedicated claims and proactive cyber risk engineering that increase resilience and support organizational success.