Cyber Risk Insurance
Cyber-insurance is a product to protect businesses and individual users from Internet-based risks and more generally from risks relating to information technology infrastructure and activities.
Comprehensive Cover : Covers liability or loss due to data breaches, payment gateway flaws or deliberate cyber and data fraud. The cover may be for first party or third party. First party covers losses that you incur such as damage control losses or audit costs. Third party refers to losses incurred by your customers or vendors. This includes data theft of your clients.
Industry specific : The cover and risks vary considerable by industry. E-commerce firms where financial transactions take place are the most vulnerable. Sites requiring passwords or which store personal information are also particularly vulnerable to data theft. The insurance we buy for you factors the right risk level.