Specialist insurance provider CFC has extended its new Cyber Proactive Response coverage to specific products for the digital health, fintech, and technology sectors. The new wording includes proactive cyberattack prevention services, affirmative coverage for AI-related events and coverage for income or fee loss from lost or missed bids.

Tim Boyce, deputy chief underwriting officer at CFC, said: “Each of these sectors is a prime target for cybercriminals due to the vast amounts of critical personal data they manage.”

He added: “Given their exposure, it made sense to immediately enhance the tailored coverage we offer these key sectors by replacing existing cyber wordings with our newly launched CPR coverage. This ensures that digital health, fintech and tech companies benefit from what we believe is the broadest and clearest cyber coverage available—along with proactive protection against cyber threats.”