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There are good reasons to consider Cyber Insurance from AIG

Preventing the domino effect

Data leaks and data losses can lead to regulatory fines and PR nightmares, while attacks could lead to shut-down servers and loss of both confidence and profits. AIG understands this and provides a package of protection that includes insurance and specialist assistance.

24/7 response

Our CyberEdge Breach Response Team will access information assurance experts as well as a leading law firm to offer consultancy that can respond in a crisis and help our clients take the best course of action.

Fines and investigations cover

This includes data administrative investigations and fines from data protection regulators that are insurable at law.

 

Protecting reputations

Cyber incident response services include PR repair of company and individual reputations, assistance and information notification and monitoring costs.

Electronic data cover

This includes data restoration, recollection and recreation following a security breach or data leak.

Designed especially around the risk

CyberEdge is designed to respond to a variety of cyber risk exposures not covered under conventional casualty insurances.

Who is it for?

CyberEdge is available for all types of firms, regardless of their turnover and activities. Every firm depending on a computer system is exposed to risks of interruption of this system and so of his activity. Every firm that stores, treats or transmits data can be subject to data theft or manipulation thereof.

What is covered?

Data liability
Covers the financial consequences of losing or mis-appropriating customer or employee data.

Crisis management
Provides access to a cyber-incident response team from industry specialists and covers the PR costs of reducing the damage it could cause to your reputation. Includes forensic services following a data breach.

Investigation costs and fines
Covers the potentially significant costs and expenses of a data protection regulator’s investigation and fines following data security breaches.

Electronic data
Covering the costs of restoring, recollecting or recreating data after a leak or breach.


Claims
Our claims specialists are ready to assist our clients’ IT department manage a cyber incident from the moment it occurs. Our team provides the additional layer of defence an IT department needs to face the issue and its consequences.

Benefits:
24/7 access to our claims team to report a claim or seek guidance
Access to local claims specialists and panels of domestic and international legal advisors on the ground around the world with the local expertise to handle cyber claims on the ground around the world


Add our expertise to yours

CyberEdge provides assistance relating to data breaches, IT and forensic services and insurance to get your clients business back to normal after a cyber event.
 

Main Exclusions

  • Intentional/fraudulent acts
  • Property damage and bodily injury
  • Physical cause
  • Loss of goods (Cyber theft is covered)
  • Reputational damage
  • Liability arising out of system failure
  • Systems

This site only contains an overview of the most important coverages and exclusions. Only the general and specific  conditions (“Insurance Policy”) provide an accurate, binding, description of the covers and exclusions.

It is necessary to fully analyse the Insurance Policy, as well as all other relevant documents with contractual and pre-contractual information before any decision to buy, underwrite, adhere to, accept, sign or conclude an insurance agreement.

Related Documents

Important Information

Here you will find information about how to request a quote with detail of premium calculation, the general and specific conditions, and/or other relevant documents with contractual or pre-contractual information, the duration of the insurance policy, the applicable law and jurisdiction, how to file a complaint or reach the ombudsman, etc.