Cyber Insurance protects businesses from financial losses due to cyber attacks, data breaches, and other digital threats. It helps cover costs like legal fees, data recovery, and damage to your reputation.
It is a unique product in that it provides legal support, IT support services and compensation, all of which are essential and need to function seamlessly in a cyber breach situation.
Cyber insurance is crucial for nearly all businesses operating in the digital space. However, the specific type of coverage is dependent on the size of the company and the nature of the customer data it handles. Industries particularly vulnerable to cyber attacks include healthcare facilities, financial institutions, legal and accounting firms and retail enterprises.
We have you covered.
Cyber insurance protects your business from financial losses caused by cyber attacks, data breaches, and other digital threats.
Any business that handles sensitive data, relies on digital systems.
It typically covers costs related to data breaches, cyber extortion, legal fees, data recovery, and notification expenses.
Yes, most policies cover ransomware attacks, including the costs of responding to the attack and restoring data.
The amount depends on your business size, industry, and the amount of sensitive data you handle.
No, businesses of all sizes can benefit from Cyber insurance, especially small businesses that may lack the resources to recover from a cyber attack.
Contact your broker immediately after a cyber incident, and they will guide you through the claim process.
Some policies may cover certain regulatory fines and penalties, depending on the policy terms.
We believe in working closely with you to understand your unique needs and preferences, ensuring that the insurance coverage we offer is affordable and precisely tailored to meet your requirements.