Cyber Cover Insurance

Cyber attacks and data breaches are becoming more prevalent than ever before

In April 2024, a UK Government survey reported that half of all businesses and 84% of large businesses had been targeted by some form of cyber breach or attack in the past 12 months. Even with the very best security measures in place, every business is at risk of a cyberattack, regardless of their size. Dealing with the aftermath of a breach can be incredibly costly, not just to your bottom line, but your reputation too. Cyber Cover is designed to help manage the consequences of an attack and get your business back up and running as quickly as possible.

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WHY CHOOSE US

Quality Cyber Cover, protecting your business against malware, ransomware and hacking

First party cover for your business

From investigation to data recovery, and systems restoration to reputation management, Cyber Cover is designed to assist your business with handling the many repercussions of a breach.

Third party cover (e.g. clients and regulators)

If claims are made against you by third parties arising as a result of a cyber security breach, your cyber cover policy will cover damages, settlements and legal expenses incurred.

Business Interruption insurance

Cyber policies can include cover for loss of income if the business cannot trade temporarily due to the effects of the cyber attack, protecting your company finances at this difficult time.

Additional cover options available

You can also opt to include additional cover against defamation claims as a result of someone hacking your online presence as well as digital fraud carried out by employees.

Flexible payment options

If you don’t wish to pay in full, you can opt to pay by two 50/50 instalments over two months, or spread the cost and pay monthly via premium finance.

Cover can start straight away

Once we’ve discussed your business requirements, our advisors will present the most suitable quotes to you. If you’re happy with the cover and premium, we can get you on cover without delay.

What are the main features of a Cyber Cover Insurance Policy?

Main Features

What are the main features of a Cyber Cover policy Bullets:

Protect your business against the consequences of malware, ransomware and hacking cyber attacks.
Provide cover to investigate the attack, restore data and systems to working order, manage your reputation and assist with communications to those affected or who need to be notified.
Assist with the legal defence costs should a claim be made against you as a result of the breach by a third party or regulator. Where the claimant is awarded a settlement, this will be covered by the insurance.
Can include business interruption insurance should the business be unable to continue trading temporarily as a result of the cyber attack.
Depending on your policy terms, many policies cover additional cyber elements such as online fraud by employees, online defamation arising as a result of your online presence being hacked, etc.

Cyber Cover Insurance