• Strategy
  • Innovation
  • Expertise

R&Q enhances SME proposition with new cyber cover

14 June, 2016

R&Q Commercial Risk Services, part of R&Q MGA, is delighted to announce the launch of embedded cyber cover as part of all of its commercial combined and package products.

The cover includes first and third party liability expenses caused by a data breach and crime. While cyber is well understood as a major risk, the market’s focus is currently around larger corporates. Despite this, cyber is a major threat to SMEs, with significant potential to damage these businesses. By incorporating cyber cover as part of its existing range of combined and package products, R&Q aims to further support its broker base and their SME clients in managing their risk profiles.

The cyber offering has been designed to offer an appropriate level of cover at the right price that can mitigate the impact of a data breach or cyber-attack.

James Wheddon, Head of R&Q Commercial Risk Services, commented:

“While the threats posed to businesses by cyber-attacks are well known, much of the cover available is targeted at the larger end of the market. Often, these products are not suitable for SMEs, who are after something both simpler and more appropriately priced, but that can protect their business from a cyber-attack or data breach. By embedding cyber cover into our commercial combined and package products, we will enable our panel of independent brokers to ensure that their clients are protected with this vital cover.”

Click here for the full Press Release

R&Q enhances SME proposition with new cyber cover

Latest News

Publication and posting of Circular
Publication and posting of Circular

On 1 April 2022, Brickell and R&Q announced that they had agreed the terms of a recommended cash acquisition of the entire issued ordinary share capital of R&Q by Brickell (the “Acquisition”) as well as $100 million of new equity …

Recommended Acquisition of Randall & Quilter Investment Holdings Ltd by Brickell PC Insurance Holdings LLC
Recommended Acquisition of Randall & Quilter Investment Holdings Ltd by Brickell PC Insurance Holdings LLC

RECOMMENDED ACQUISITION of Randall & Quilter Investment Holdings Ltd by Brickell PC Insurance Holdings LLC and commitment to provide $100 million of new equity funding Summary Brickell PC Insurance Holdings LLC (“Brickell”) and Randall & Quilter Investment Holdings Ltd (“R&Q”) are pleased …

R&Q Accredited announces 5-year program deal with First Underwriting
R&Q Accredited announces 5-year program deal with First Underwriting

Randall & Quilter Investment Holdings Ltd, (AIM-RQIH) (“R&Q”), the leading non-life global specialty insurance company focusing on program management and legacy insurance businesses, is pleased to announce that R&Q Accredited has signed a 5-year program management agreement with First Underwriting, …