Cyber-liability coverage options from ISO now are available through Accenture Duck Creek Templates. The integrated cyber-liability endorsements are intended to enable insurers to create and sell cyber-security coverage more easily.
As cyber security continues to be a top priority for businesses, Accenture said new endorsements will automatically be offered to Accenture Duck Creek Template subscribers, which will keep them current with ISO definitions. Other benefits include base ISO’s advisory loss costs, rules and forms with the ability to override, extend and adjust base ISO content.
“Using the Accenture Duck Creek service, we continue to deliver our customized offering to the marketplace. Being able to use ISO-based content, along with our unique coverage extensions is key to our commercial business,” stated Tracey Berg, CIO, West Bend Mutual Insurance.
The templates offer an out-of-the-box set of content for ISO, NCCI and bureau products and a subscription for circular maintenance, Accenture said.
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