Cyber Incident Response
Covers eligible costs of responding to a covered cyber incident, including investigation, incident management and specialist support.
Cyber & Crime
Protect Your Business From
Digital And Financial Crime
Comprehensive insurance that protects your business against cyber attacks, fraud and financial crime, helping you recover from losses quickly and keep operations secure.
Cyber Incident Protection
Data And Privacy Liability
Cyber Extortion Protection
Financial Crime & Fraud Protection
Business Interruption Support
What Is Cyber & Crime?
Understanding Cyber & Crime
Cyber & Crime Insurance protects businesses against exposures from cyber incidents, data breaches and fraud or crime, covering incident response, restoration, data recovery and covered claims, subject to policy terms.
What Does It Cover?
- Data breaches and privacy incidents
- Cyber attacks and network security events
- Business interruption caused by covered cyber incidents
- Cyber extortion and ransomware-related expenses
- Data restoration and incident response costs
Example:
If a business suffers a cyber attack that disrupts its systems and compromises sensitive data, Cyber & Crime Insurance can help cover eligible incident response, data restoration, business interruption, and liability-related costs, subject to the policy terms and applicable limits.
Coverage Components
Comprehensive Protection At Every Level
Data And Privacy Liability
Protects against covered third-party claims from a data breach, privacy incident or failure to protect confidential information, subject to policy wording.
Cyber Business Interruption
Can protect against eligible loss of income or additional expenses from an insured cyber event that disrupts business operations.
Cyber Extortion & Ransomware
Where covered, protects eligible expenses from cyber extortion events, including certain response and recovery costs, subject to policy terms.
Data Restoration & Recovery
Provides protection for eligible costs associated with restoring or recovering data and systems following a covered cyber incident.
Crime & Employee Dishonesty
Protects against specified direct financial losses from covered fraudulent or dishonest acts, including certain employee-related crime exposures.
Social Engineering & Funds Transfer Fraud
Where covered, protects against financial losses from fraudulent instructions, impersonation or manipulation of payment processes.
Additional Cyber & Crime Extensions
Depending on the business, additional extensions may be considered for specific cyber, crime and fraud exposures, subject to underwriting.
Advisory Support
Protect Your Business Before Risk Finds You
Cyber and financial crime can hit operations, data and finances at once. We structure Cyber & Crime solutions around your exposures.
- 1.
Cyber & Crime Risk Assessment
We understand your technology, data, payment processes, financial controls and key cyber and crime exposures.
- 2.
Policy Design & Placement
Our specialists structure suitable limits, deductibles, coverage sections and extensions, and place the risk with appropriate insurers.
- 3.
Policy Documentation & Support
We coordinate policy documentation to ensure your selected cyber, privacy and crime covers are accurately reflected.
- 4.
Dedicated Claims Advocacy
Our team supports claims from incident notification through documentation, insurer coordination and resolution.
- 5.
Annual Policy Review & Renewal
Regular reviews assess changes in technology, data, payment processes and emerging threats to keep the programme aligned.
Ready To Explore Cyber & Crime?
Regular reviews help assess changes in technology, data volumes, payment processes, business operations, and emerging threats to keep the insurance programme aligned with the organisation's risk profile.
Frequently Asked Questions
Answers to Common Insurance Queries
Cyber incidents may create technology and data losses, while crime exposures can involve theft, fraud or employee dishonesty. Their interaction requires careful review of policy triggers, exclusions and overlaps.
These losses may arise from manipulation of employees or payment processes rather than direct compromise of systems, making wording and sub-limits particularly important.
Equirus Raghnall evaluates the organisation's technology environment, financial controls, fraud exposures, data risks and existing insurance before structuring appropriate protection.
Policy wordings, triggers, exclusions, sub-limits and definitions are reviewed together to identify potential gaps and conflicting coverage.
