Cyber Risk Insurance

Commercial Insurance -Liability Insurance -Cyber Risk Insurance

Comprehensive Cover

Cyber Risk Insurance offers comprehensive protection by covering damage or losses to first party and third party due to events like a system security breach, payment flaw, data fraud and other internet related risks.

Industry Specific

The coverage of Cyber Risk or Cyber Liability policy varies considerably as per industry risks. For instance, coverage for an E-commerce firm or a Financial Services firm will vary as they have more risk of cyber attack potentially causing loss. The Insurance we help you to select factors in the right risk level for you.

Universally Recognised

Cyber Risk Insurance meets your contractual requirements. It is also recognised by international laws, investors, external agencies and multi-national organisations, hence it helps to protect your business internationally.

Easy Documentation

Getting Cyber Risk Insurance or Cyber-Security Insurance is quick and easy. Also, the documentation process for buying the policy is simple. You just need to provide the basic information to get quotes from multiple insurers before buying.

Coverage For First Party Loss

• Cyber Risk insurance policy will compensate you for the losses occurring due to e-theft of money or property such as securities, due to fraudulent input of data for which you are held responsible.
• The cyber policy protects your organisation from cyber attack, getting infected by ransomware or any other malicious software.
• Coverage is offered to your company’s digital assets if they get lost or altered by cyber criminals.

Third Party Liability Covered

• Cyber Risk Insurance covers claims made by your customer due to system failures resulting in unauthorised access to their personal information, for which you may be held liable.
• Claims against infringement of intellectual property, copyright and trademark are also covered.
• A Cyber Risk or Cyber Liability policy will cover liability, slander, and defamation claims due to your digital media presence.

Coverage for Business Interruption

• Cyber policy covers the company for the loss of income by business interruption, which may happen due to any software failure or cyber attack causing business disruption.
• This insurance will also pay for any damage to reputation directly attributable to cyber attack.
• The policy will also ensure that your company gets access to the resources to avail of back- up and minimise the damage to your business.