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Cyber Protection

Business Insurance

Increasing reliance on and the use of data transfer across electronic platforms is a fact of business life. Internet loss or the inappropriate use of electronic mail does put a company at risk.

Protecting and assisting businesses from the consequences of data breaches, the loss of sensitive company data and the consequences to a business from losing such information, in today's commercial world should be top of mind. aibGroup says the Key Aspects to Cyber Risk Policies are:

  • Personal & Corporate Data Liability
  • Outsourcing
  • Data Security - resulting from any breach of duty
  • Defence Costs

Coverage is provided to the:

  • First and Third Party Loss (Loss to the insured plus liability for losses to 3rd Parties)
  • Legal costs and Investigation costs
  • Fines and penalties
  • Notification and monitoring costs
  • Repair of the Company's and Individuals Reputation

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