We provide Cyber Insurance that covers two areas:
Firstly, we extend your Professional Indemnity insurance to cover negligence claims arising from a data breach.
So you should set your Professional Indemnity insurance to match your expectations under any potential claim. For instance, if you have 1,000 records and you think that each customer might make a claim of £1,000, then you would need a minimum of £1m Professional indemnity
Secondly, we provide a data breach response service that covers the costs associated with the data breach. These costs are calculated by the number of client records you hold. We provide insurance up to 5,000 customer records as standard. If you hold more than that, then please get in touch and we can create a bespoke package.