Cyber insurance protects your business from the financial impact of data breaches, cyber attacks, ransomware, and other digital threats. And these events don't just happen to big companies - SMEs are frequently targeted because they often have less sophisticated defences. Beyond the immediate financial loss, a cyber incident can cost you in notification expenses, regulatory fines, customer compensation, reputational damage, and significant business interruption. Good cyber insurance helps you respond quickly and recover properly.
Cover for the costs of responding to a data breach, including mandatory notification to affected individuals.
Protection against ransomware payments and the costs of managing a cyber extortion event.
Cover for lost income and additional expenses when a cyber event disrupts your business operations.
Protection against claims from clients or third parties whose data was exposed in a breach.
Cover for the costs of defending regulatory actions and any penalties arising from a data breach.
Protection against financial losses from cyber crime, including social engineering and phishing attacks.
