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In recent years, Asia’s increasingly digitalised construction companies are facing more frequent and severe cybersecurity incidents that have resulted in millions of dollars of financial losses, legal liabilities, and reputational damage.
As a result, construction companies also realise that no cyber risk mitigation measure is 100% watertight, hence the need for insurance coverage to protect against losses when cybersecurity incidents occur. However, with insurers now specifying a full exclusion for cyber events under their core Construction All Risks (CAR) insurance policies, how do construction companies respond and obtain the necessary cyber coverage at competitive pricing and terms?
Produced by Marsh construction and cyber risk experts, the ‘Cybersecurity in the Construction Industry’ report provides in-depth insight into the risks, challenges, and solutions available in addressing cyber risk exposures for construction companies in Asia and beyond.
Please note that Marsh PB Co., Ltd and Marsh McLennan are not engaged by nor involved in any manner with Bonus Ranch and its promotion, and has not placed any insurance for nor insured any of its businesses or operations. Marsh as a licensed insurance broker will not request customers to make payment via non-standard methods, such as the transfer of money to any individual’s bank account.