Insure with a policy designed to match your profile, strengths and weaknesses
Be a Bright Tech-Savvy Ostrich and consider the following:
Insurance for Cyber events and related issues is still quite new. Insurers are still trying to:
- Understand the risks that each client faces
- Evaluate the possible costs relative to any breach/claim
- Calculate a premium that will cover all claims during the insured period
It may well be some years before they have sufficient underwriting data to properly understand and calculate their exposure. A lot of claims will have to be made and paid before this accurate information is available.
You can present your business to insurers as a better than average risk if you follow the suggestions outlined here-in. You might benefit from wider policy terms and lower premiums in recognition of the efforts that you have taken.
You may decide that, with your new-found knowledge, insurance is not really required. Whilst we might understand such comment we would not suggest you gamble with the unknown.
Useful links
- BGi.uk Cyber web pages Visit
- Sample Cyber Policy Wordings
- Cyber Training for ‘screen facing staff’ Visit
- Basic scanning of any company’s web profile outlining areas of weakness and vulnerability Visit
- In depth scanning of any company’s web profile outlining areas of weakness and vulnerability Visit
- Full Cyber Audit to establish any weaknesses in any Company Visit
- Secure e-mail, Registered e-mail; Signature required e-mail Visit
- Understanding and dealing with GDPR regulations Read More
- Data responsibilities summarised Read More
- GDPR regulations explained Read More
- GDPR on-line course Read More
- Cyber Essentials – basic requirements Read More
- List of Cyber-threat terms and explanations Read More
- Cyber articles relative to the freight forwarding and shipping services
- Cyber Articles relative to Intellectual Property
- Cyber Insurance Application form Visit
