
Cyber Insurance
When data or systems are compromised, cyber insurance can help pay for the response, the disruption and the claims that follow.
Overview
Customized cyber insurance for emerging companies, with smart tools that support underwriting.
A single incident can bring forensic bills, lost revenue, extortion demands and litigation all at once. Cyber insurance is designed to cover those costs while the business recovers.
Coverage typically addresses two kinds of loss: damage to your own operations and liability to customers and other third parties.
Typical coverage
- Incident investigation
- Forensic investigation to establish what happened and how.
- Data recovery
- Recovery of data that was lost, stolen or corrupted.
- System restoration
- Restoration of the computer systems affected by the attack.
- Business interruption
- Income lost while operations are disrupted.
- Cyber extortion
- Ransom payments demanded by attackers.
- Notification costs
- The cost of informing customers and other affected parties.
- Reputation management
- Steps to limit reputational harm after an incident.
- Third-party liability
- Damages, settlements and defense costs, including claims under GDPR.
Coverage is subject to the terms, conditions and exclusions of the policy issued.
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Speak with our team about cyber coverage.