Steamship Mutual and Axis join forces to offer cyber marine cover
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Steamship Mutual and Axis join forces to offer cyber marine cover

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P&I Club Steamship Mutual has launched a cyber marine insurance product, backed by Axis Capital, the companies announced on Monday.

The shipping liability insurer said that while there was no cyber exclusion in its traditional casualty insurance offering, there was a need for extra coverage to pay for the costs of restoring computer systems knocked out by a cyber...

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