News

ACE Europe launches insurance application for e-commerce risks

Tuesday 25 March 2008 14:37 CET | News

Provider of insurance services, ACE Europe launches Dataguard plus insurance application for UK businesses. ACE Dataguard plus provides coverage for both first party exposures and third party exposures including intellectual property and privacy exposures associated with corporate websites and e-commerce activity. Under one policy, ACE Dataguard plus provides two independent towers of indemnity for both first and third party exposures.

ACE reports that exposures relating to data privacy are set to become a growing challenge for organisations of all sizes because of an increasingly litigious business environment and the growth in global business. A survey conducted by Warwick Business School in 2007 suggested that organisations in the financial sector face potential downtime costs of over GBP 100,000 per hour.   


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords:
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce