WTW boosts global cyber facility with increased capacity and broader coverage options
Willis Towers Watson Public Limited Company - Ordinary Shares (WTW)
Last willis towers watson public limited company - ordinary shares earnings: 2/26 04:05 pm
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Source: GlobeNewswire
LONDON, May 08, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announces strategic enhancements to its global cyber facility. Following a successful launch in January 2023, WTW’s CyXS facility, a global solution for excess cyber insurance coverage, has introduced new features, effective 1 April 2024, designed to meet the dynamic needs of clients and keep ahead of market trends as cyber risks escalate. Key enhancements include: Increased capacity: the maximum capacity has been raised by 50%, from 50 million to 75 million USD/EUR/GBP in response to client feedback.Expanded insurer participation: the number of participating Lloyd’s insurers has doubled, increasing from 7 to 14NEW cyber physical damage cover: available as a standalone option or blended with traditional cyber coverageEnhanced CyXS restore options: further expanded reinstatement options to provide clients with flexibility and the assurance of pre-negotiated ca
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WTW
Earnings
- 4/25/24 - Beat
WTW
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/22/24 - Form 4
- WTW's page on the SEC website