Freisenbruch-Meyer Launches Cyber Insurance

June 22, 2016

Bermuda-based Freisenbruch-Meyer Insurance Services Ltd. [FMIS] has announced the launch of its new cyber liability protection product, Security & Privacy Insurance.

A spokesperson said, “This product launch coincides with the increasing demand from Bermuda’s businesses for the most up-to-date cyber insurance protection. As a recognized leader in providing insurance solutions for professionals and financial services, FMIS continues to offer market leading products.

William Madeiros, Executive Vice President/Chief Development Officer, said, “We are pleased to be the first to market with a product to satisfy our clients’ unique insurance protection needs. A great deal of time and effort has gone into crafting a product that will produce the best combination of protection and pricing.”

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Thomas Edwards, Assistant Vice President of Broking, led the team that brought cyber insurance to the Bermuda marketplace, and said, “We are able to do this because of the exceptional strength of our relationship with our partners, AJ Gallagher, London and DUAL Corporate Risks.

“The customization of Security & Privacy Insurance Policies enables FreisenbruchMeyer to service a variety of industries such as financial services, health, hospitality, retail, and other business segments. We welcome the opportunity to discuss this emerging exposure with not only our valued clients but also the wider business community.”

“Freisenbruch-Meyer Insurance Services Ltd. is Bermuda’s largest domestic insurance intermediary. The Broking Services division specializes in the provision of insurance services for professionals, financial services and alternative risk solutions for leading commercial entities of all sizes.

“Included in our existing product offerings are Directors and Officers Liability, Professional Indemnity, Crime and Medical Malpractice Insurance. All enquiries should be directed to Thomas Edwards via telephone [441] 296-3600 or email tedwards@fmgroup.bm.”

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