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Cyber Protection

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.

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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Internet Liability

Policies have been designed to protect a business or individuals against claims arising from the use of the internet or email. Discuss with an…

Professional Indemnity

No more prudent example of the aibGROUP's "Certainty through Adversity" is where a company or professional can be legally challenged over business…

Fidelity

The unthinkable unfortunately does occur such as financial loss as a consequence of fraudulent or dishonest acts by an employee.