CyberEdge

Cyber Claims Report

GDPR and business email compromise drive greater frequencies

CyberEdge Cyber Liability

Continuously upgraded protection.

If your defences are breached, we’ll help you get back to business as usual.

Cyber is now a key risk for all businesses, with computer systems essential for revenue generation.  Downtime of customer facing or backend systems can hugely impact operations while intensifying regulation means tougher notification requirements after an incident and more scrutiny of how incidents are handled, raising the stakes for all businesses.

We've upgraded. See what's new in CyberEdge

Cyber is one of the most volatile risks facing businesses today.  We continuously update the cover and services provided by CyberEdge to protect our clients in the face of this shifting and dynamic threat.

Download a summary

Who is it for?

Businesses of all sizes in all sectors. 

See our Risk Appetite

Product Details

Event Management with First Response

A range of services to get businesses back on track after an attack: legal, IT and PR services, credit and ID Monitoring, data restoration and breach notification costs. This is backed by immediate legal and IT support if a breach is suspected with no policy retention for the initial period selected.

Video summary

Network Interruption

Loss of income, mitigation expenses and costs to quantify the loss when business operations are interrupted by a range of selected events including cyber-security breach, system failure and voluntary shutdown. Can be extended to security breaches and system failures at OSPs.

Video summary

Security & Privacy Liability

Third-party liability cover resulting from breaches of confidential info, security failure, failure to notify the regulator and breaches of PCI compliance. Includes defence costs and insurable fines in relation to any regulator of Data Protection legislation worldwide.

Video summary

Cyber Extortion

An extensive range of specialist services to combat the use of ransomware for cyber extortion. From conducting investigations to validate a threat, to containment and negotiations to end an extortion event through to ransom payments (including cryptocurrency payments).

Video summary

Digital Media

Covers damages and defence costs in connection with a breach of third party intellectual property, or negligence in connection with electronic content.

Videpo summary

Computer Crime

Covers direct financial loss from fraudulent electronic fund transfers arising from a cybersecurity breach.

Video summary

Criminal Reward Fund

A reward for information leading to the arrest and conviction of cyber criminals including hackers and rogue employees, encouraging staff to report suspicious behaviour.

Video summary

Telephone Hacking

Covers charges from unauthorised access and use of a business’s telephone system, eg fraudsters targeting telephone systems to make calls to premium rate numbers.

Video summary

What's New in CyberEdge?

Our What's New brochure will help you understand the cover and service included in a CyberEdge cyber liability policy.

View the brochure
 

Key benefits

Our Smart cyber proposal form adapts to the businesses’ sector, size, and cyber exposures and generates an immediate summary report of the businesses’ client’s cyber posture. A more detailed analysis is provided post-bind including cyber risk scores, scenario likelihoods and priorities.

Our Infographic explains more about the process and the benefits to you or see our sample basic report or detailed report to see the information you could receive.

Download the application (Adobe 9.0 or later required to view application. If you receive an error opening from your browser, please download and open in Adobe Reader or Acrobat.)

Our tried and tested First Response service nips potential cyber losses in the bud, with rapid one hour specialist IT, forensic and legal support after an actual or suspected breach. The service helps businesses mitigate cyber losses as early as possible with no policy retention for the selected 48 or 72-hour period. Download the First Response summary sheet

Cyber claims excellence

The depth of our cyber claims expertise means that your business is in the safest hands when it faces a cyber loss. In fact each year we publish the key findings of our dedicated cyber claims teams - identifying trends and emerging exposures to inform businesses and brokers, and presenting case studies to show cyber events in real-world context. Learn more about how we're putting Claims First and see our CyberEdge Claims Scenarios.
 

Preventing cyber losses

CyberEdge clients with premiums over £5,000 receive a range of complimentary services to the value of £10,000 help prevent a cyber loss from happening. These include vulnerability scanning, malicious IP blocking and cyber loss prevention training. We also offer a range of additional expert cyber services at preferred rates to help clients improve their cyber preparation and protection.

Download our Cyber Risk Consulting Services leaflet 
 

Multinational

Cyber risk is a potent cross-border threat accompanied by rapidly changing and intensifying worldwide regulation.  With our outstanding cyber experience and global footprint we are able to issue cyber policies in 60 countries throughout the world to support multinational and international businesses.

Related Documents

Get CyberEdge documents

Learn More

AIG Sales Tools

Sales tools for Brokers

Learn More

Winning with AIG

See our Risk Appetite

Learn More