Brit Group Holdings has launched a new cyber insurance product aimed at small and medium-sized enterprises.

Under the policy, SMEs are covered for multiple incidents during the policy period, with the full policy limit available on an any one claim basis for each event. Cover includes data theft, operational disruption and outages at critical service providers. Policyholders will also have access to breach response support, including a 24-hour emergency helpline, forensic services and data restoration, with no retention applied.

Jon Sullivan, chief underwriting officer at Brit, said: “We are pleased to announce the launch of C360. This is another example of Brit’s innovative cyber offering for small businesses, which is a key market segment for us. Small businesses are now at a greater risk of being targeted by threat actors, often due to their valuable roles in larger business supply chains. C360 provides the robust yet accessible protection they need to safeguard against a broad spectrum of cyber risks.”

Brit’s launch comes as insurers expand cyber offerings for smaller businesses, a segment often seen as underinsured despite its exposure to ransomware, supply chain disruption and service outages.

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