Kiln first to offer physical damage BI

By Advisen Ltd. on November 1, 2013

Lloyd’s underwriter Kiln is offering business interruption (BI) coverage for physical damage events resulting from a cyber peril in its a first-party SCADA System Attack Insurance product. Contact Kiln underwriter Laila Khudairi

Kiln is currently providing a lead line of up to $20 million in capacity on the program, but the product may offer $100 million for physical damage and non-physical damage business interruption caused by a cyber attack on both or either of the industrial control systems or enterprise computer network.

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