Product information
Because of our increased reliance on information technology (IT), businesses and their supply chains have never before been exposed to so many cyber threats.
Our Cyber insurance product ‘Cyber Suite’ provides coverage tailored to the challenges your business may face due its dependence on IT networks, third party IT and business processing providers, as well as the digital assets and data they keep.
Our experienced underwriters can provide your business with the protection it needs against a range of losses, including losses arising from cyber extortion, reputational harm and property damage. We focus on tailored coverage and product innovation in this class to bring relevance to each industry sector.
What is Cyber Insurance?
Cyber insurance is a multi-peril insurance cover which responds to a wide variety of triggers. The cover principally relates to information; security, privacy, governance liability and related risks. It is a blend of third party liability and first party costs and expenses. Cyber insurance is designed to help companies deal with the financial impact of network related issues from network outages (business interruption) to the potential costs involved with data breaches, liability and expenses.
Cover included for:
Loss of, or damage to, digital assets
Non-physical business interruption and extra expenses
Property Damage and resulting business interruption
Cyber extortion and cyber terrorism
Security and privacy liability
Privacy regulation defence
Special expenses such as notification expenses, PR expenses and credit monitoring
Reputational harm
Cyber crime
Multimedia liability
Class of Business:
All industries, primary or excess layers
Line size:
15
million USD
15
million GBP
15
million EUR
Downloads
Cyber Factsheet
pdf • 0.55Mb
CyberChoice Brochure
pdf • 1.61Mb
Cyber factsheet - Germany
pdf • 1.84Mb
Meet our Cyber specialists
Get in touch with one of our specialists who will be able to help answer any questions and guide you through next steps.
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