QBE North America, part of the global insurer QBE, has introduced QCyber Rapid Pay, a cyber insurance enhancement designed to accelerate financial support following a covered cyber event.
Cyber incidents can disrupt operations and cash flow, creating significant uncertainty for businesses. To address this, QCyber Rapid Pay provides earlier access to liquidity, a more efficient claims process, and a faster path to recovery after an incident.
By improving the timing and clarity of financial support, QCyber Rapid Pay helps deliver timely, predictable cash flow and a more streamlined claims experience.
QBE said QCyber Rapid Pay is part of its broader commitment to advancing cyber insurance, with a focus on helping organisations navigate the evolving threat landscape with greater resilience and confidence.
Ian Walsh, Vice President and U.S. Cyber Product Leader, QBE North America, said, “Cyber events can lead to business interruption and impact a company’s ability to operate.
“QCyber Rapid Pay provides earlier access to liquidity prior to final settlement, so our clients can stay focused on stabilising their business.”
