CHES Special Risk unveils E&O insurance offering for online gaming industry

CHES Special Risk unveils E&O insurance offering for online gaming industry | Insurance Business Canada

Insurance News

It covers civil liabilities and provides full cyber coverage

Insurance News

By
Mika Pangilinan

CHES Special Risk has expanded its professional lines portfolio by introducing a new insurance solution for the online gaming industry.

In an emailed news release, the managing general agent (MGA) described its new Game 360 policy as an errors and omission (E&O) solution that covers a wide range of civil liabilities, including intellectual property breaches. It also provides full cyber coverage to mitigate the threat of cyberattacks that can disrupt gaming operations and compromise sensitive player data.

Michael Chaplik, senior underwriter – professional lines at CHES Special Risk, said the new offering addresses the unique challenges faced by businesses operating within such a rapidly growing industry.

“Our Game 360 policy offers a full civil PI wording that comprehensively covers all civil liabilities, including intellectual property breaches,” he said. “We also provide robust cyber coverage to protect against the growing threats in the digital realm.”

CHES Special Risk announced the launch of Game 360 after it shared news of its insurance offerings for tour operators, travel agencies, adventure tour operators, student tour operators, and other similar businesses. Some coverage highlights for this package include commercial general liability, errors and omissions, worldwide territory, reputation management, and first-dollar defence.

What are your thoughts on this story? Feel free to comment below.