Africa Specialty Risks (ASR) has entered into the cyber insurance market for African businesses with the introduction of a digital quote-and-bind policy. The new product is designed to offer coverage to companies across the continent, beginning in South Africa, Namibia and Mauritius. The cyber policy is available through ASR 24-7, an automated underwriting platform, and provides coverage limits of up to $5m for businesses with annual revenues as high as $100m. The initiative addresses the availability o ...

Jaguar Land Rover has extended its production pause until Oct 1 at the earliest - Alamy Stock Photo Ministers are considering buying parts from Jaguar Land Rover’s (JLR) suppliers to save them from collapse after a cyber hack halted production. Peter Kyle, the Business Secretary, is working on plans to save JLR’s suppliers from the brink of bankruptcy after rejecting calls for a furlough scheme, according to ITV. Instead, the Government plans to purchase parts from the suppliers directly and sell them b ...