Simply tell us what you’re looking for and we’ll point you in the right direction.
In the modern world no business or individual is safe from cyber crime or data loss.
If you hold sensitive customer details, are reliant on computer systems to conduct your business, or have a website, your business is vulnerable to a data breach or loss of vital business services. If you hold, process or store credit or debit card information the risks to your business are considerably higher. The threat is increasing all the time, and the statistics suggest that the costs per incident are escalating as well.
Weald can provide an effective insurance policy against cyber risks and data loss which will protect you from the worst effects of a cyber attack against your business.
Specialist insurance to protect you from the consequences of hacking or data loss.
Cyber and data loss insurance offers comprehensive protection for loss arising out of attacks on your computer systems or other loss of data.
This essential cover includes practical support in the event of a data breach including forensic investigations, legal advice, notifying customers or regulators, and support such as credit monitoring for affected customers.
If you do not already buy insurance, the costs of cover may not be not as high as you might think.
Cover from Weald is available with a limit of indemnity starting at £100,000, and can include benefits such as:
- compensation for loss of income, including where caused by damage to your reputation, if a hacker prevents your business from earning revenue
- payment of the costs associated with regulatory investigation.
- claims for damages made against you for failing to keep customers’ personal data secure
- reimbursement for the costs of repair, restoration or replacement if a hacker causes damage to your websites, programs or electronic data;
- liability protection if you mistakenly infringe someone’s copyright, or inadvertently libel a third party in an email or other electronic communication.
Data represents a new world of liability and balance sheet risk that should be managed in the same way as any other liability and balance sheet risk. Insurance from Weald is a vital part of that management approach.