Cyber Liability Insurance

Protecting your business against the implications of a data security breach.

Breaches of your online data or hacking of your network are both fast growing risks that can affect all businesses, regardless of size.

If you trade online, or even if you just store your customer’s data on a computer with an internet connection, you are at risk of Cyber Crime.

As the world becomes more internet dependent, more and more businesses hold data on their customers as well as information about their company, which could be at risk from hackers, cyber criminals, or even inadvertent loss or misuse of data by your own staff.

As well as dealing with unsatisfied customers and potentially having all of your business information known by somebody else, Cyber Liability can be fraught with legal procedures.

This could all be without the use of your website, or programs meaning you have to stop trading. Ellis David is an experienced Cyber Liability Insurance Broker and can provide you with the right tools and assistance should your online data be breached.

Our experience and attention to detail means that that we work closely with our insurers and are able to get the best rates possible to pass on to you.

GET A QUICK QUOTE

Our Cyber Liability Insurance includes:

Breach Costs

In the event of a breach there are a lot of government rules to follow, including the notification of your customers. This can help cover the costs of any advice or legal action you wish to take.

Includes forensic investigations and legal advice.

Compensation

A cyber breach could cause your business to temporarily cease trading.

Compensation would typically include fixed business overheads such as rent, wages and bills. It can also compensate for loss of business income while the company is not able to trade as normal.

Claims from Customers

Having a data breach will mean extra work for you. But if you have accidentally compromised a customers’ personal details, there’s a likelihood they will hold you accountable. We can provide cover for this.

Reimbursement for Costs

When a cyber breach occurs, you will almost certainly have to repair or restore your website, programs and/ or other electronic data. Sometimes even replace your systems.

This can be costly, so having the proper insurance can off set the costs of this.

We can provide you with the resources to mitigate and understand your cyber risks to help you prevent them, and how to deal with them should they occur. Cyber Extortion cover can help with the costs of this.

Who needs Cyber Liability Insurance?

More often than not, Cyber Liability is excluded from your Public Liability Insurance, so Cyber Risk Insurance is a must for any company if you:

hold sensitive customer data such as names and addresses, credit card details or banking information
are dependent on computer systems to conduct your business
have a website
have a payment card merchant services agreement

If so, then your business could be interrupted by cyber crime.

Click to complete a form for a free, no obligation quote:

QUICK QUOTE

Get a quick quote

Fill in the brief form below for impartial advice and a free, no-obligation quote for your cyber liability insurance.

Your Name (required) Contact Email (required) Contact Telephone (not required but useful) Your Business Name (required) Your Business Address (required) Your Business Website (if you have one) Your Business Activity (Please describe the nature of your business activities and include those of any subsidiaries that you want to be covered) Financial details (required)

	Latest financial year	Estimate for coming year
Total income:
Generated in the USA:
Web/Onlines Sales:

What types of data do you store? (please click all that apply) 1. Names, addresses and emails2. Individual taxpayer ID/NI numbers3. Drivers license, passport or other ID4. Financial account records5. Credit card details6. Other7. None of the above What security controls do you have in place? (please click all that apply) 1. You have a defined process implemented to regularly patch your systems and applications2. You use anti-virus software and regularly apply updates/patches3. You have installed and you maintain a firewall configuration to protect your system4. You back-up files on your system (including your website) at least weekly and store off site5. All passwords changed at least every 60 days6. You accept credit card payments in your facilities or via the web7. You are compliant with the most recent applicable Payment Card Industry Data Security Standards (PCI DSS)8. None of the above apply 80222

Any questions?

If you would like to discuss specific requirements please call us on 020 7354 3881.

CALL US

Have you ever been convicted of any offences involving fraud, theft, false accounting or other dishonesty or an offence (whether or not in the United Kingdom) relating to companies, building societies industrial and provident societies, credit unions, friendly societies, insurance banking or other financial services, insolvency consumer credit or consumer protections, money laundering, market manipulations or insider dealing? (required)	YesNo
Are you the subject of any current criminal proceedings? (required)	YesNo
Have you any convictions for any offences other than those listed in question 1 a) above which are not spent, whether or not in the United Kingdom (excluding traffic offences unless these resulted in a ban from driving or involved driving without insurance)? (required)	YesNo
Are you or have you ever been the subject of any civil proceedings, arbitration or litigation, including proceedings that resulted in a County Court Judgment (CCJ) or other judgement debts, in the United Kingdom or elsewhere? (required)	YesNo
Are you aware of any intention to begin such proceedings against you in the future? (required)	YesNo
Do you have any judgement debts (including CCJs) made under a court order still outstanding, whether in full or in part? (required)	YesNo
Have you ever failed to satisfy any such judgement debts within one year of making of the order (required)	YesNo
Are you or have you ever been, the subject of any bankruptcy proceedings, or proceedings for the sequestration of your estate? (required)	YesNo
Have you ever entered into a deed of arrangement or an individual voluntary arrangement (or in Scotland a trust deed) or other agreement in favour of your creditors, or are you doing so? (required)	YesNo
Have you ever been found guilty of conducting any unauthorised regulated activities or been investigated for possible conduct of unauthorised regulated activities? (required)	YesNo
Are you, or have you ever been, the subject of an investigation into allegations of misconduct or malpractice in connection with any business activity? (required)	YesNo
Have you ever, either in the United Kingdom, or elsewhere been - (required)
- refused entry to, or been dismissed or requested to resign from, any profession, vocation, office or employment, or from any fiduciary office or position of trust, whether or not remunerated? (required)	YesNo
- refused, restricted in, or had suspended, the right to carry on any trade, business or profession for which specific licence, authorisation, registration, membership or other permission is required? (required)	YesNo
- disqualified by a court from acting as a director of a company or from acting in a management capacity of conducting the affairs of any company, partnership or unincorporated association? (required)	YesNo
- the subject of a disqualification direction under section 59 of the Financial Services Act 1986 of a prohibition order, under section 56 of the Financial Services and Markets Act 2000, or received a warning notice to make such a direction or order? (required)	YesNo
Have you ever been a controller, director, senior manager, partner or company secretary of a company, partnership, or unincorporated association? If you answered "no" to question 8 you may proceed to section 12. Please tick (required)	YesNo

In respect of activities regulated by the FCA have you, or any company, partnership or unincorporated association of which you are or have been a controller, director, senior manager, partner or company secretary, during your association with that entity and for a period of three years after you ceased to be associated with it, ever - (required)
- been refused, had revoked, restricted or terminated any licence, authorisation, registration, notification, membership or other permission granted by any such body? (required)	YesNo
- been criticised, censured, disciplined, suspended, expelled, fined, or been the subject of any other disciplinary or intervention action by any such body? (required)	YesNo
- resigned whilst under investigation by, or been required to resign from, any such body? (required)	YesNo
- been the subject of any civil action which has resulted in a finding against you or it by a court? (required)	YesNo
Has any company, partnership or unincorporated association for which you have been a controller, director, senior manager, partner or company secretary, in the United Kingdom or elsewhere, at any time during your involvement or within one year of such an involvement – (required)
- been put into liquidation, wound up, ceased trading, had a receiver or administrator appointed or entered into any voluntary arrangement with its creditors? (required)	YesNo
- been declared by a court liable for any fraud, misfeasance, wrongful trading or other misconduct? (required)	YesNo
- been investigated or been involved in an investigation by an inspector appointed under companies or any other legislation, or required to produce documents to the Secretary of State, or any other authority, under any such legislation? (required)	YesNo
- been convicted of any criminal offence, censured, disciplined or publicly criticised, by any inquiry, by the Takeover Panel of any other governmental or statutory authority or any other regulatory body (other than as already indicated under 10 b))? (required)	YesNo
Are you currently a director of any company other than one which is a part of this company? (If “yes” please give details on the supplementary sheet). (required)	YesNo

Cyber Liability Insurance

Breaches of your online data or hacking of your network are both fast growing risks that can affect all businesses, regardless of size.

Our Cyber Liability Insurance includes:

Breach Costs

Compensation

Claims from Customers

Reimbursement for Costs

Who needs Cyber Liability Insurance?

Our team can tailor a policy to suit the exact needs of your business, rather than a one size fits all policy that can leave you open to risks.

Your Details

Company Details

Good Repute Fit and Proper Form

Good Repute Fit and Proper Form

I confirm that the information in this form is accurate and complete to the best of my knowledge and belief and that I have read the notes accompanying this form.
Personal information provided in this form will be used by us to discharge our statutory functions under the Financial Services and Markets Act 2000 and other relevant legislation and will not be disclosed for any other purpose without the permission of the applicant.