Magazine date:
Jun 2019 
Trust Insurance Management (TIM) is marketing new cyber products. The risk management company, newly established in Bahrain and run by Kamel Tabaja, has obtained an underwriting power from a pool of Lloyd's syndicates specializing in cyber risks (Tarian Consortium 9633). These are non-life insurance products that cover the damage caused by computer attacks and intrusions.
TIM's e-products are intended for companies in the Gulf Cooperation Council (GCC) region. Are particularly covered:
- the insured's liability towards third parties for non-compliance with personal data
- the reimbursement of portfolio and data monitoring costs
- the cyber extortion (blackmail, ransoms,...)
- the business interruption
- the insured's loss of profit
Read also | Cyber-risk insurance [4]