The percentage of cyber attacks continues to rise year on year.
This relatively new risk is now a threat we advise our clients to consider in the same way as they would fire or flood. We believe everyone should have this cover. Cyber Security Insurance provides cover for your financial losses arising as a result of a data breach, threat or security failure.
This cover is relevant to your business if you:
Hold sensitive customer information, such as names, addresses or banking information
Are reliant on computer systems to conduct business
Have a website
Are subject to a payment card industry services agreement
(Source – Hiscox)
The policy also provides access to a range of experts (cyber extortion, IT, legal, PR and communications) who will provide 24/7/365 advice on what to do in the event of an attack. Please contact us if you would like a quote for data protection insurance, cyber security insurance, business cyber insurance or insurance for data breaches.
Cover may include but is not limited to:
Civil penalties as a result of GDPR failure
additional operational expenses
data recovery costs
reputational harm against your business
any privacy and data liability costs and investigations
fraudulent identity and social engineering incidents
Feel free to contact us for a quote for cyber security and data protection insurance.
The proof of any insurance is its response to a claim, and we only arrange insurances that can be relied upon to pay.
We work with underwriters who understand the nature of what they are insuring, the particular risks, and how to make good in the event of a loss.
For our part, we oversee all claims from start to finish, using our considerable experience and contacts to achieve the best possible claim settlements.We are proud of our ability to settle the most complex claims for fine art, especially those involving damage, restoration and subsequent loss of value.
We are equally well equipped to help in the aftermath of a fire or flood, from arranging appropriate disaster recovery, to negotiating the right form of settlement. The majority of claims are, however, straightforward, and we aim to settle quickly and cleanly.
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For us, art is not merely a feature of the job, but an enriching part of our lives. Indeed, we believe it’s our duty to support public art institutions.