Cyber Essentials Liability Insurance
Get free insurance when you achieve Cyber Security Essentials.
Get free insurance when you achieve Cyber Security Essentials.
When a UK-domiciled organisation with a turnover under £20m, achieve self-assessed certification covering your whole organisation to either the basic level of cyber essentials or the IASME Standard. You will then be entitled to free cyber liability Insurance. Terms apply.
The cover is underwritten by AXA XL, a division of AXA, and administered via Sutcliffe & Co Insurance Brokers.
Claims made against you arising out of media activities and privacy and security wrongful acts.
Costs, including emergency costs, following a data breach, including the costs of notifying data subjects. These might typically include payment for Legal, IT, Forensic & PR specialists.
Ransoms and other cyber extortion.
Defence costs & regulatory fines (where insurable by law).
Loss of profit and / or operational expenses caused by a network compromise.
Costs of remedying the issue that allowed the loss or damage to your data and costs to replace, restore or update your data.
(To the limit of the policy liability)
The £25,000 limit of indemnity might be sufficient for a small breach or incident but inadequate for a serious problem or more than one incident. Higher limits of indemnity are available.
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