The Swedish Club Cyber Marine Cover is primary and affirmative and is available on an annual fleet aggregate limit basis, in the form of an affordable Cyber insurance cover. The product will safeguard our member’s vessels against the effect of inter alia physical damages resulting from cyber-attacks, a critical area often excluded in standard marine insurance policies. The policy is a proactive step towards ensuring the safety and operational continuity of our members’ maritime activities in the face of cyber threats.

Update

The Swedish Club offers Cyber Marine Cover to both members and non-members on competitive terms, with a structure of 3 separate available packages depending on the level of cover needed:

• Basic
• Plus
• Comprehensive

Starting 1 January 2025, all 3 packages will include cover for RDC/FFO risks. Cover for Wreck Removal is optional against additional premium.

Terms for Cyber Insurance 2025

Basic:

Combined single-limit. Maximum limit per event/fleet/year USD 5 million

Sub-limits and deductibles as per conditions

Plus:

Combined single-limit. Maximum limit per event/fleet/year USD 50 million

Sub-limits and deductibles as per conditions

Comprehensive:

Combined single-limit. Maximum limit per event/fleet/year USD 50 million

Sub-limits and deductibles as agreed