Cyber Liability

An award winning insurance that protects clients from one of the most volatile risks facing businesses today. 

Cyber is now a key risk for all businesses, with computer systems essential for revenue generation.  Downtime of customer facing or backend systems can hugely impact operations while intensifying regulation means tougher notification requirements after an incident and more scrutiny of how incidents are handled, raising the stakes for all businesses. Cyber incidents can take many different forms. For example, when data is stolen through a security leak or your entire network is crippled. With this insurance we will help you limit the consequences of the incident and remedy them. This will enable you to restore regular business operations as quickly as possible.

The award winning product CyberEdge combines the collaboration with independent experts with extensive coverage. We help to protect you against the results of data breaches, hacking, viruses, employee sabotage, extortion, theft and loss of information. CyberEdge is available for all types of firms, regardless of their turnover and activities. Every company depending on a computer system is exposed to risks such as business interruption, data theft or manipulation.

Details

Event Management

When you are affected by a cyber incident, we pay all the necessary cost for legal, IT and PR services that are necessary to limit the damage and the damage to your reputation.

Network Interruption

With coverage for network interruption, you are insured if there are business losses because of downtime in your computer system.

Fines

Conforms to the GDPR law and offers coverage when you are subjected to a legally imposed administrative fine for not adequately protecting your data.

Liability

Damage can also afflict third parties through a cyber incident in your business. CyberEdge covers the liability for these damages to third parties and for the costs of a legal defence that proceeds from a liability claim.

Digital Media

Protected against the costs of legal defence and the possible compensation for damages that can arise from unauthorised sharing of intellectual property in messages on websites, in newsletters, emails and social media.

Telephone hacking

If you have telephone costs that arise from unauthorised access to your telephone system, we will reimburse the costs.

Cyber/privacy extortion

Assistance in the negotiations, securing and further resolution of the incident and if unavoidable, payment of the ransom.

Cyber crime

If anyone gets unauthorised access to your computer system and this causes you to lose money or goods, CyberEdge can offer coverage.

Tackle cyber risk

Understand your risk

Our Smart Application Form tells you exactly how big your cyber risk is and the impact of a cyber incident. In addition, you will immediately receive a price indication that is tailored to your cyber situation.

First Response

In the event of a cyber incident, the first 48 hours are crucial in order to limit (reputation) damage. You can call the 24/7 hotline at any time to resolve the cyber incident. Even in case of suspicion.

Quotepad

We developed Quotepad especially for the SME segment, associations and foundations. This enables us to speed up and simplify the application process. In this way, your advisor can look up the coverages and premiums at a glance that apply to your business.

Well insured

We insure not only the loss of personal data, but also the business data of third parties, including intellectual property. Global coverage, including USA/Canada. Because nowadays, an incident is no longer limited to the place of business.

Protecting Reputations

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

An eye for specific risk

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

Claims Handling

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.

GDPR Proof

Our cyber insurance fits in seamlessly with the GDPR legislation and also covers other consequences than just data leaks. For example, the incorrect processing of personal data.

Download

Brochure

CyberEdge

Protect your company against cyber threats

PDF

Main Exclusions & Important Information  

  • Theft through fraud
  • Bodily injury and material damages
  • Material cause of failure in IT systems
  • Damage to your reputation
  • Damage from of telecom or power supply outage
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.

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.