Ridge Canada is launching a brand new know-how errors & omissions (E&O) insurance coverage product, to function a “complementary” protection to the managing normal agent’s cyber choices.
“Our objective was to create a complementary product to the Ridge Canada cyber portfolio, and I actually imagine we’ve got achieved this,” stated Ridge Canada senior vp, know-how skilled legal responsibility Cindy Manek. “As our digital world continues to quickly evolve, this product will assist know-how firms shield themselves from a spread of damaging monetary and cyber losses.”
Manek added that at its core, Ridge Canada is a “service-based group that gives complete steerage,” and that she appears to be like ahead to how the corporate’s mission advances additional with the brand new tech E&O bundle.
“Ridge Canada is delighted for this subsequent chapter of progress and diversification,” commented Ridge Canada president and CEO Greg Markell.
Markell famous that working with Manek to develop the product has been a pleasure, as she brings a “wealth of expertise” within the skilled legal responsibility area.
Learn extra: Ridge Canada affiliate underwriter granted underwriting authority
Earlier this month, Ridge Canada introduced that its affiliate underwriter, Vanessa Abraham had been granted underwriting authority. A member of Ridge Canada since 2021, Abraham was beforehand an insurance coverage dealer related to Hub Worldwide.