What is Cyber Insurance?
Today, any type of business of whatever size will rely to a greater or lesser extent on information technology (IT) infrastructure. This means that all are also vulnerable to cyber attacks or internet based risks. If this happens you could be exposed to the risks of business interruption, income loss, damage management and repair, and possibly reputational damage.
Businesses are increasingly buying specialised cyber insurance policies to supplement their existing insurance arrangements, particularly if they:
- hold sensitive customer details such as names and addresses or banking information;
- rely heavily on IT systems and websites to conduct their business;
- process payment card information as a matter of course.
Rest assured that we will design cover to support and protect your business if it experiences a data breach or is the subject of an attack by a malicious hacker that affects its computer systems and be a trusted partner in the event of a claim.