Arch Insurance North America, part of Arch Capital Group Ltd., said Wednesday it is introducing Arch CyPro, which will offer up to $20 million in limits for primary or excess coverage.
Arch said the customizable coverage offers options for operational technology, system failure, dependent business interruption, bricking, reputational harm, cybercrime and miscellaneous professional liability.
Arch said its specialist cyber risk engineering team will be integrated into every stage of the underwriting process.
Jamie Schibuk, New York-based executive vice president, professional liability and cyber, said in a statement Arch has aligned with cybersecurity risk management partners to assist in implementing critical controls for policyholders.
