Knowing the correct Cyber Liability insurance cover for your small to medium-sized businesses can be complex, thankfully East Yorkshire Insurance Brokers based in Hull are here to help.
Data breaches and theft, system hacking, ransomware extortion payments, and denial of service are all examples of cyber-attacks that can result in financial losses for businesses. This coverage is beneficial for small-medium sized businesses that store sensitive information online, on a computer, or in physical print.
Most cyber insurance policies will cover the first-party and third-party financial and reputational damages if data or electronic systems are lost, destroyed, stolen, or corrupted in the case of a cyber-attack.
The policy also covers the cost of investigating cybercrime and recovering data lost in a data breach whilst also restoring computer systems, loss of income, PR costs, and in some instances ransom demands.
East Yorkshire Insurance Brokers are here to guide you through the process and the applicable covers for your cyber liability insurance. You may be concerned about a data breach or if your cyber liability insurance will cover the cost of accidentally infecting third-party systems as well as expenses incurred due to a data attack. These covers are normally included under a standard cyber liability insurance alongside other optional covers including cyber-crime.
When arranging your cyber liability insurance, we’ll guide you through the process and ensure you have the correct insurance covers in place.
Follow this Guide about how to improve your cyber security.
With over 10 years of experience, East Yorkshire Insurance Brokers an appointed representative of Ten Insurance Services are your local independent expert for all your business Insurance requirements. Based in Hull, East Yorkshire Insurance Brokers believes in offering a friendly and personal service for a wide range of commercial insurance products for small to medium-sized businesses.
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Whether you’re looking for landlord insurance, shop insurance, contractors’ insurance, fleet insurance or professional indemnity insurance we believe in giving you confidence in your insurance cover by using our experience and knowledge to build long-lasting relationships.