Image Description

Cyber Security Risk

A Cyber Insurance policy, 'Cyber risk' to cover any risk of financial loss, disruption or damage to the reputation of an organization from some sort of failure of its information technology systems.


  • Extensions:

     

    Physical loss or Damage

     

    Liability to Third parties

     

    Data restoration costs

     

    Loss of revenue

     

    Customer notification and credit monitoring services

     

    Regulatory defense costs including fines and penalties

     

    Cyber extortion costs (ransoms)

     

    Reputation management costs

  • Pre-requirement:

      Broker of Record
      Commercial Registration
      Wassel /National Address
      VAT Certificate
      3 years claims experience
      A declaration letter if first time insurance
      Proposal Form


  • Share