Call 0344 902 8314 or request a callback below
Large or small, a Cyber attack can have severe consequences for business owners. The more we rely on technology in day to day life and for the running of our businesses, the higher the importance becomes to protect yourselves from digital threats.
Implementing digital and cyber security measures can help try to prevent an attack happening, but what do you do if you suffer a breach and sensitive data is stolen? The Department for Digital, Culture, Media and Sport estimates that a business could run up costs of around £4000
if a breach were to happen.
That's where Cyber Liability Insurance comes in.
Cyber Liability or Cyber Risk Insurance, covers your liability as a business, if a data breach involving sensitive customer information was to occur. This type of cover is sometimes included with Professional Indemnity but is limited in capacity compared to a standalone policy.
A Cyber Security insurance policy can cover the following:
Breach Costs
Costs incurred in responding to an actual or suspected data breach
Cyber Business Interruption
Business interruption losses following a cyber incident, including as a result of reputational damage
Hacker Damage
Costs incurred in replacing/repairing damage caused by a hacker
Cyber Extortion
Costs incurred in the event of a threat to damage or disrupt computer systems, or publish information
Crisis Containment
Public relations response – prompt, confident communications
Privacy Protection
Costs incurred in responding to an actual or suspected data breach
Media Liability
Defence costs and awards / settlements made following legal action as a result of a company's online presence.No matter the size of your business, covering your cyber liability is a priority. If you hold any client data or have any digital interaction both internally and externally, you face the possibility of falling victim to these types of cyber attacks.
We work tirelessly with a panel of the UK's best-loved insurers to offer you the best policy at the best price.
The cost of your policy will depend on a number of factors like: your business sector, annual turnover, and the number of records you process.
Because of the nature of Cyber attacks, it’s important to get the right cover for your business.
Call 0344 902 8314 or request a callback below to find out more and get a cyber Liability insurance quote
To protect yourself against hurting the public or damaging their property, you need Public Liability Insurance. This is an important cover for all businesses is the best choice.
If you own a building used for any business, that you either rent out or operate from it yourself – we can help make sure it’s insured correctly and can be provided in a business insurance package.
If you have employees in your business, you are legally obliged to make sure they are protected with Employees Liability insurance. You can add this onto your Public Liability insurance.
If you have multiple vehicles, it might be better value to insure them in a single fleet policy. This could save you time and money with one policy, and one renewal.