Invicta Cyber Insurance | Invicta Insurance Services
Cyber Insurance

Have you ever stopped to consider what the financial impact to your business could be should you suffer a cyber attack or data breach?

Hardware may need to be repaired or replaced and your software and data may need to be restored and updated. This will cost you both time and money and may stop your company trading whilst systems and procedures are being fixed and updated. We’ve not even mentioned the significant amount of money required to meet the demands of a cyber criminals holding your systems to ransom via cyber extortion ransomware programs.

Sadly half of all businesses suffered just such an attack in 2016 with the average cost to small businesses reaching £20,000.

If your business uses email, has a website or stores customers data, you have to ask yourself whether cyber liability is cover that your business and reputation can be without.

Key Benefits:

  •     Flexible sums insured options so the cover can grow with your business.
  •     Extends to include legal fees & compensation costs if you get sued for losing personal data.
  •     Cyber extortion and ransomware demands are covered.

What is covered?

Ransomware – Cyber extortion
We offer you protection if a hacker tries to hold your business to ransom by covering the ransom you have paid, as well as the services of a leading risk consultancy firm to help manage the situation.

Breach costs
We offer practical support in the event of a data breach (electronic or otherwise) including forensic investigations, legal advice, notifying customers or regulators, and offering support such as credit monitoring to affected customers.

Cyber business interruption
Our cover will provide compensation for loss of income, including where caused by damage to your reputation, if a hacker targets your systems and prevents your business from trading and generating revenue.

Hacker damage
Our product will reimburse you for the costs of repair, restoration or replacement if a hacker causes damage to your websites, programs or electronic data.

Crisis containment
We offer expert support to mitigate reputational damage. In the event of a data breach, prompt and confident communication is critical to help minimise the damage to a company’s reputation. We include crisis containment cover with a leading public relations firm who can provide expert support, from developing communication strategies to running a 24/7 crisis press office.

Privacy protection
Our insurers pay to defend and settle claims made against you for failing to keep customers’ personal data secure. They will also pay the costs associated with regulatory investigations and settle civil penalties levied by regulators where allowed.

Multimedia liability

The policy includes protection if you mistakenly infringe someone’s copyright, for example by using a picture online without permission, or inadvertently libel a third-party in an email or other electronic communication.

Looking to get a quick quote?

Try out our Invicta Insurance online quoting system to retrieve a quotation and get insured within minutes.