Cyber Insurance

Cyber Insurance protects your organisation from costly cyber attacks, data breaches and system failure. Get expert support from experienced professional and financial coverage with Cyber Insurance.

Cyber Insurance UK Experts

Get quotes from the best cyber insurance providers in the UK


What is
Cyber Insurance?

Cyber insurance also referred to as cyber risk or cyber liability insurance, is a form of insurance designed to protect your business from threats in the new digital world, such as data breaches or malicious cyber hacks on work computer systems.
A business or organisation is responsible for its own cyber security, but in the event of a cyber attack having the right insurance will mean you aren’t alone. Cyber insurance cover will provide crucial support and recovery services to help your business.

You should consider cyber insurance if

Cyber insurance protects personal info

You store personal info or email addresses

Cyber insurance protects business software

You use a computer to run your business software

Cyber insurance for business payments

You take card payments or make electronic payments

Cyber insurance for cloud businesses

You have a website or use cloud storage

Should I get
Cyber Insurance?

If you hold customer data such as names, addresses or banking information, or if your business is dependent on or uses computer systems as part of its activities, then it is important to understand the impact of a data breach, interruption to your systems or a claim for failing to keep customers’ personal data secure. It could come as a result of a lost laptop or USB stick, a hacker attack or an email sent to the wrong person.
How would your business react; would it be able to cope? With our cyber and data risks cover, your business would get the practical and professional support it needs to get to the root of a problem and the security of knowing that losses and costs would be covered.

Why is cover for cyber liability important?

You might still be asking yourself; “Why do I need cyber insurance for my business? If I’m careful, and if I have antivirus software, I can manage without buying cyber insurance?” Here’s what makes it so important:

It's far more than just financial protection

Following a cyber incident or data breach, a business will need support in the best actions to take in mitigating and dealing with the matter. Our panel of recovery specials and leading UK law firms will provide the guidance and coordination of getting your business back in track as quickly as possible.

It lets you focus on growing your business

Simply, when you have cyber insurance insurance in place, it gives you peace of mind. You won’t have to worry about what you would do if you suffer a serious cyber incident or have a significant breach to your clients data. Having business liability insurance means that instead of feeling nervous about what could happen, you can concentrate on growing your business.

It helps you get and retain more business

Cyber insurance coverage shows that your business is reliable and trustworthy. It gives clients peace of mind knowing that you will take responsibility for your mistakes. It could give you a competitive advantage if your potential client has a choice between your business and another business that doesn’t have insurance. Many larger clients and government contracts will require cyber coverage to be in place.

What Does Cyber Insurance Cover?

Breach Response

Any business holding personal information is at risk of a data breach, be it from an external cyber-attack to a simple employee error such as sharing a confidential document with the wrong party or losing a company device lick as laptop or USB stick.

Legal & Regulatory costs

From the costs of complying with a regulatory investigation following the loss of client data, such as the ICO or the payment card industry (PCI), to claims from third parties, legal and regulatory expenses can rapidly escalate following a cyber event. Our cyber policy is here to pick up these costs and provide you with the specialists in these legal areas to fully support and defend your business.

Business Interruption

Cyber induced business interruption can strike at any time and be very costly to a business or organisation. An interruption to the IT network or systems can quickly escalate into a threat to a business. From sophisticated external threats, such as ransomware or distributed denial of service (DDoS) attacks on a website, to simple operator error such as unplugging the wrong server or a system crash when updating.

Hacking & Cyber Extortion

If hackers gain access to your data or systems, a cyber insurance policy will pay to put right any damage, corruption or misuse of your computer systems or programmes that has occurred. The policy covers recovery of copied or stolen programmes and repairing data held electronically. Should the business suffer a ransomware attack or a denial of service (DoS) attack, the policy will look to provide a solution for the business.

Cyber Crime

Cover for common cyber attacks used by organised cyber criminals such as phishing, ransomware and malware. This includes electronic transfer of your funds as a result of a data breach breach or social engineering, including costs incurred should you suffer telephone hacking.

Data Restoration

Should a cyber or data incident occur it's normally vital to restore lost or corrupted data. This is an important process but expensive. Specialists assist you with trying to restore any lost data or fix systems damaged by a cyber attack.

Requirements to get Cyber Insurance

While all businesses should be able to obtain cyber insurance coverage, insurers do expect organisations to meet a certain minimum of security standards in order to take up a cyber policy. This is obviously to protect their risk but also to ensure the insured party has a fundamental level of cyber and data protection in place to minimise the most common cyber threats within the policy term.
Generally the minimum security standards an organisation will need to take out a cyber insurance policy will be:
  • You use Multi Factor Authentication (MFA) for all users’ access to web based email
  • You ensure all users' adhere to strong password practices
  • You back-up critical/important data & systems regularly
  • You regularly provide cyber training to staff
If your organisation does not meet these basic requirements, it does not always mean we can't get you cover but you may find your options limited and your policy price more expensive. If you need help or advice, speak to one of experts today.

Transfer the Risk to a Cyber Policy

Until recently, obtaining a quotation for cyber insurance was usually a cumbersome and expensive process.
Lengthy proposal forms were required via large insurance brokers in the city. These were often filled with IT security questions and numerous coverage conditions or restrictions that would not be very clear or helpful to the customer.
Our cyber policy has been designed with UK professionals in mind. Our mission is to provide cyber liability policies that will be clear, simple, fast and most importantly extremely comprehensive in its cyber cover of your cyber and data risks.

Frequently Asked Questions

What does cyber insurance cover me for?

Faq Icon

Cyber and data insurance covers the time and money you have to spend dealing with a cyber-attack or data breach. It also covers the costs of putting your business back together following a hack or data breach. Because coverages and indemnity limits can vary our platform provides you with the key information needed to make an informed decision on the best provider to choose.

How is Cyber Cover regulated?

Faq Icon

Cyber Cover is an approved representative of Duncan Clark (Insurance Brokers) Ltd which is authorised and regulated in UK by the Financial Conduct Authority - details of which you’ll find on the Financial Services Register.

Can we prevent cyber attacks?

Faq Icon

There are some simple ways that your business can improve your cyber security and protect yourself from cyber-attacks but this will help reduce the risk not eliminate it.

Cyber Security Training

These include providing your staff with training in cyber security principles, such as locking their computers when they’re not at their desk, regularly changing their passwords and not opening suspicious files or links.

Control Data Access

It’s essential to control access to your computers and network by providing employees with their own password-protected user accounts and limiting the authority to download software and access sensitive data.

Antivirus & Security Software

You can protect your computer systems by installing and regularly updating antivirus and antispyware software, using firewalls for your internet connection, securing WiFi networks with passwords, and keeping software for your operating systems and applications updated.

How would I know if I have been hacked?

Faq Icon

It may not be evident or you might not always be able to tell that your systems have been hacked, however, there are a few key signs. If your settings have changed, or email rules have been amended.

If for example, your business is a victim of ransomware, all or some of your files will be locked and you will receive a message requiring you to perform certain actions or to pay a given amount to unlock your systems.

Another less obvious example would be your mouse moving outside your control as if someone else is controlling it. It could well be a bug, but it’s better to disconnect the device from your network and run a virus scan.

What businesses are at risk of a cyber attack?

Faq Icon

Large companies make the news, but small and medium-sized businesses are more likely to fall victim to cyber attacks and data breaches. In 2019, more than 30% of businesses in the UK identified cybersecurity breaches or attacks.

SMEs are often seen as an easy target or low hanging fruit, as they have fewer resources to fully implement security software and procedures. Also, many small businesses are extremely busy, which in turn, means security practices can often get overlooked.

Why should I choose Cyber Cover?

Faq Icon

We are specialists in cyber and professional indemnity insurance, that’s what we do. We understand that buying insurance can be time consuming, confusing, and expensive. So we make sure getting yours is clear, simple and affordable.

If you’re after a second opinion, have a look at our customers' reviews and the great feedback that has been received.

What payment methods do you accept?

Faq Icon

We accept major credit cards such as Visa, Mastercard, and American Express. We also support payment through PayPal.

What happens if I exceed the usage limits in my plan?

Faq Icon

If you exceed the usage limits of your plan, we will notify you and provide options to upgrade to a higher plan or adjust your usage accordingly.

Can I upgrade or downgrade my plan later?

Faq Icon

Yes, you can easily upgrade or downgrade your plan at any time. Just contact our support team, and they will assist you.

Can I customize my plan based on specific needs?

Faq Icon

Our pricing plans are designed to be flexible, and we offer customization options for enterprise customers. Contact our sales team to discuss your requirements.

Are there any long-term contracts or commitments?

Faq Icon

No, we offer flexible pricing plans without any long-term contracts. You can cancel your subscription at any time.

Do you offer discounts for non-profit organizations or educational institutions?

Faq Icon

Yes, we offer special discounts for non-profit organizations and educational institutions. Contact our sales team to inquire about eligibility and pricing.

Do you offer a free trial of your software?

Faq Icon

Yes, we provide a free trial period for you to test our software and evaluate its features. No credit card is required for the trial.

What happens if I decide to cancel my subscription?

Faq Icon

If you decide to cancel your subscription, you will have access to your account until the end of the current billing cycle. After that, your account will be deactivated.

We always aim to provide exceptional customer service and value to clients. Our cyber insurance policies are underwritten by the worlds leading insurers.

Feefo logo