CIDSIComputer Information and Data Security Insurance
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The Underwriters at Lloyd's CIDSI product offers coverage up to a limit of $50 million in combination with Information Risk Group's embedded computer security and information risk services to prevent and mitigate losses from hacking, extortion, sabotage, and theft involving computer systems and data.
The new CIDSI product covers a large gap that is left with traditional insurance policies," said Simon Milner, of London insurance broker Lloyd Thompson Ltd.
The CIDSI product and services were developed in a joint effort of SVB Syndicates, Ltd.