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CYBER RISK INSURANCE

is intended to protect businesses from risks related to IT infrastructure and information privacy.

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Coverage provided by cyber-insurance policies may include:

  • Data destruction, theft or hacking;

  • Denial of theft attacks;

  • Failure of companies to safeguard data;

  • Losses caused by errors and omissions;

Detailed coverage description:

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Claim Scenario examples:

Claim Scenario 1

Due to incorrect operation, some important data is accidentally lost or corrupted; insurer reimburses corresponding reconstitution costs. 

Claim Scenario 2

Due to incorrect operation, some important data is accidentally lost or corrupted; insurer reimburses corresponding reconstitution costs. 

Claim Scenario 3

Sensitive digital data concerning a client, supplier or third party is hacked and the client, supplier or third party considers that you have not respected your data protection obligations and that you are liable; insurer covers litigation costs, defence costs and indemnity payments. 

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