CyberRisk Insurance

Protecting a client’s technology investment means reacting fast to a constantly changing landscape.
 
First, you have to know what’s coming. Make sure they’re covered and prepared for every stage of an incident – before, during, and after.
 
Second, you’ll need to know the right people. Cyber risk isn’t a simple subject, but it’s simple enough to get in touch with the experts.
 
Third, know what they need. From indemnity for 1st and 3rd party losses, across data and regulatory, to extortion, work interruption, fines and penalties. We’re here to help your clients safeguard their digital technology and celebrate its power.
 
Are you ready?    

     

Why Is It Needed?

In 2016, the UK’s National Crime Unit found that cybercrime had overtaken all other forms of crime for the first time ever, with over two million incidents recorded in that year. Cyber attacks are also becoming more sophisticated.

In today’s data-driven world, keeping information, data and finance safe and secure online is essential. Despite advances in technology, human and system error are ever-present threats, while everything from a lost laptop to a disgruntled employee can now pose a major risk.

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Why Travelers?

As one of the world’s leading cyber insurers, Travelers offers expert claims assistance and comprehensive cyber cover for up to £10m across Breach Response, Cybercrime, Business Loss and Cyber Liability. Our CyberRisk insurance thereby protects against a wide range of first and third party losses. These include cover for regulatory proceedings, data breach liability, fines and penalties (if insurable by law), and losses from business interruption, plus cyber extortion and other financial cybercrimes.

CyberRisk also offers access to specialist professional advice and teams, including Breach Coaches from our expert partners Pinsent Masons. Insureds also benefit from a broad definition of privacy and security for both crisis management and security breach expense coverage.

Customers

If looking for insurance, contact your insurance broker and ask for Travelers.

  

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If you’re interested in receiving a quotation or learn more about our capabilities, contact your local Travelers business development team.

  

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