XTML, an Internet solutions provider, announced that it has made arrangements with U.K. insurer Independent Insurance to offer a policy covering damages caused by Internet viruses, including e-mail originated viruses like “the love bug,” which caused extensive damage to computer programs earlier this month.
According to XTML, the product, called “Ensure,” offers world’s first “all-rounded” coverage of e-commerce risks.
Policy limits were available up to £ 1.5 billion ($ 2.2 billion).
Was this article valuable?
Here are more articles you may enjoy.
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case
Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud
Verisk: Insurance Claims Volume Fell to 5-Year Low in 2025 

