Cyber Liability Insurance
Overview
One of the biggest threats facing businesses today is the dramatic rise of cyber extortion and ransomware worldwide. The immediate impact of a cyber attack and its flow-on effects can seriously hinder your company’s ability to operate. Our breach response service includes cyber specialists, forensic experts, lawyers, and PR consultants who exclusively focus on assisting you through an incident.
Coverage Benefits
24/7 rapid response from the top IT security experts
Immediately contain a cyberattack, restrict third party access & secure the perimeter of your IT infrastructure. Read more about our comprehensive cyber risk management approach.
Access to our panel of expert risk management partners
Our partners are the best in the business at giving you IT security, advice covering forensics, endpoint detection, forensic technology, business continuity planning, loss assessment, crisis communications & PR response and fraud and identity reports.
Coverage
Business Interruption
Covers your loss of profits if your IT systems are attacked, resulting in staff being unable to work or customers unable to transact.
Third Party Liability
From hacked personal information to accidentally emailing confidential information, this policy covers any resulting claims.
Network Extortion, Triage & Breach Consultation
When you notify a claim, we appoint an IT specialist or a law firm, depending on the nature of the breach. Our IT specialists prevent further attack, restore systems and deal with demands.
Costs to Restore
Research, replace, restore or recollect software and any electronic data due to a network attack.
Data Forensic Services
Analysis of ‘root-cause’ using forensic techniques.
Public Relations Expenses
Cyber breaches hit the press every day. Urgent action may be needed to manage your reputation should this happen to you.
Notification Services and Credit Monitoring
Your customers can be notified if required and their credit history monitored to prevent damage from identity theft.
Mandatory Breach Reporting
Covers any government or privacy reporting required & media statement preparation where relevant.
Target Sements
Agriculture
Construction & Trades
Education
Food & Beverage
Healthcare
Manufacturers
Media
Professional Services
Retailers
Software & Technology providers
Wholesalers
Industries we are unable to write
Adult Entertainment
Cryptocurrency
Defence, Military & Aerospace
Foreign Currency Exchange
Gambling/Casinos
Government/Public Authorities
Managed Service Providers
Telecommunications
Utility companies
Territory/Jurisdiction
Australian domiciled risks Worldwide Jurisdiction can be provided
Capacity
$5m
