Cyberattacks are becoming more frequent and sophisticated, posing a significant risk to businesses of all sizes. Whether you're managing sensitive customer data or operating critical systems, the potential financial loss and reputational damage from a breach can be devastating. Cyber Liability Insurance offers essential protection, helping businesses recover from data breaches, cyber extortion, and privacy violations. This policy covers both the direct costs of a cyber incident and the legal liabilities that may follow, ensuring your business stays secure in the face of evolving threats.
Covers costs of investigations, notifications, recovery, and potential ransomware payments.
Pays for legal costs, settlements, fines related to data breaches and compliance violations.
Covers your direct losses and claims from others affected by a cyber incident involving your business.
Minimizes downtime and revenue loss with rapid recovery assistance after an attack.
Shield your business from the high costs of cyber incidents, including data breaches, ransomware, and system failures, ensuring you can recover quickly and continue operations.
Protect your business from legal liabilities with comprehensive coverage for defence costs, settlements, and penalties arising from cyberattacks.
Ensure your business meets stringent data protection regulations, especially in industries like healthcare and finance, helping you avoid costly fines.
Knowing that your business is fully protected against evolving cyber threats allows you to focus on growth without the fear of operational disruptions or financial loss.
Covers expenses related to data breaches, including notification costs, legal fees, and settlements related to privacy violations.
Protection against claims arising from network security failures, such as hacking or unauthorised access.
Pays for the costs associated with cyber extortion, including ransomware payments and negotiations.
Compensates for lost income and extra expenses due to system downtime caused by cyberattacks.
Covers the costs associated with recovering lost, corrupted, or stolen data, ensuring minimal operational disruption.
Hospitals, clinics, and telemedicine services that handle sensitive patient information and are vulnerable to data breaches.
Online platforms and marketplaces that store customer data, process payments, and manage subscriptions.
Banks, credit unions, and payment processors are at high risk for cyberattacks targeting financial data.
Stores that handle sensitive customer information and process credit card transactions, making them prime targets for cybercriminals.
Provide flexible coverage limits tailored to your business’s needs, considering the type of data, operations, and risk exposure.
Choose from a range of deductible options to balance premium costs and out-of-pocket expenses.
Common exclusions may include incidents related to inadequate system maintenance, insider threats, or intentional criminal acts.
Tailor policies to include specific coverage, such as protection for business interruption, outsourced service providers, and data restoration.
Cyber liability insurance covers key risks, including data breaches, cyber extortion, ransomware, and business interruption due to cyberattacks.
Reach out via our website, phone, or email to connect with our knowledgeable insurance experts. They are ready to delve into your business's unique needs and address any inquiries you may have.
We'll organise a consultation to evaluate your business's physical assets and pinpoint potential risks. During this meeting, we will guide you through various coverage options, limits, and additional protections, such as Business Interruption.
We will use the insights gathered to prepare a personalised insurance quote that matches your business requirements. We'll go over this quote with you, detailing policy specifics, deductibles, and premium choices for complete understanding.
When you decide to proceed, we'll finalise your policy. Our team will assist you through the necessary paperwork, ensuring a seamless and straightforward process.
With your insurance secured, you can manage your business with assurance, knowing your assets are safeguarded against unexpected events. If you need to file a claim or adjust your coverage, our dedicated team at MIR will handle the entire claims process for you, providing support and guidance every step of the way.
Protect your company from cybercrime risks with comprehensive cybercrime liabilities insurance. Offers critical protection and covering the financial impacts.
