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QBE North America adds faster payouts to its cyber coverage

QCyber Rapid Pay is designed to speed access to liquidity, streamline the claims process, and accelerate a company’s path back to recovery after a covered cyber event.

Reported · Written up by our desk · Industry & Deals

QBE North America, part of global insurer QBE, has launched QCyber Rapid Pay, a cyber insurance enhancement aimed at accelerating financial support after a covered cyber incident, the company said.

The insurer said cyber events can disrupt operations and cash flow, creating uncertainty for businesses, and that the product is intended to provide earlier liquidity access, a more efficient claims experience, and a faster route to recovery.

QBE said the offering is part of its broader push to advance cyber insurance and help organizations navigate an evolving threat landscape with greater resilience, while improving the timing and clarity of financial support.

Ian Walsh, vice president and U.S. Cyber Product Leader at QBE North America, said cyber events can drive business interruption and affect a company’s ability to operate.

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