Cyber insurance is designed to react when your company is exposed to a variety of risks unique to the digital age, including data breaches or malicious cyber hacks. As criminals have become more organised and better resourced, claim concerns have shifted from third-party exposure to first party losses and business interruption losses have escalated as companies, and their supply chains, are increasingly targeted.
It is the responsibility of every company to manage their own cyber security, however having the appropriate insurance protection in place means that you will not be on your own in the event of a cyber-attack. The correct cover will actively assist your company to recover by providing essential protection against financial losses resulting from a broad range of cyber events.
In our latest video, George Gardner, Cyber Lead at insurance brokers Griffiths & Armour, explains why good cyber security goes hand-in-hand with a robust Cyber insurance policy and how our specialist in-house team can offer tailored advice for all your Cyber insurance needs.
Watch the below video to find out more about Cyber insurance and how Griffiths & Armour can help to protect your business against cyber threats.