Cyber Security and Privacy policies are designed to help businesses manage financial and reputational costs as a result of a breach of network security or an unauthorized access or release of private information data.
Coverages offered by most insurers: first party, third party and privacy breach costs coverages.
Third party coverage includes security and privacy liability coverage, regulatory proceeding defense costs, civil fines and penalties coverage (where insurable by law) and internet media liability coverage.
Privacy breach costs coverages includes forensic investigation, legal and public relationships expenses, notification expenses and credit monitoring costs.
First party coverage includes digital assets replacement expense coverage, business incomes loss and dependent business income loss coverage, cyber extortion threat and reward payments coverage.
Global underwriting expertise: In partnership with global insurers and it´s dedicated teams of underwriters we deliver in-depth industry experience and broad knowledge of the cyber security and privacy protection market place to help mitigate your risks.
Access to broad range of pre and post breach services: Insurers have established a network of vendors available to you who can provide you with pre and post breach services at discounted rate, as well as afford access to Risk Engineering tools and services.
Delivering when it matters: The global team of claims professionals can help you through the difficult period of a cyber security and privacy breach with prompt assistance.