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Cyber-risk is an exposure that no modern business can escape, and the financial impact of system interruption, privacy and cybercrime events are now felt within all industries. With solutions designed for businesses of all sizes, our cyber solutions provide cutting-edge cover to protect against the emerging threats of the digital age.
Our cyber-insurance is used to protect businesses from risks relating to information technology infrastructure and activities. Cybercrime is a new global threat and the damages are predicted to cost $6 trillion annually by 2021. Risks of this nature include:
Cyber-Liability is a maturing insurance coverage which provides indemnity in the event of the insured suffering a security breach which could take the form of malware, a hacking attack, phishing, trojan horse, ransomware and the myriad perils that exist in the modern, technology environment where so many businesses are reliant on their IT systems.
While insurance can provide financial reimbursement in line with the policy limits and conditions, G&M Insurance Services offers products which go considerably further. A 24 hour, 365-day helpline (also known as Breach Response) is provided which gives access to forensic accountants and lawyers, data recovery experts, PR companies and a whole host of professionals who can help in the mitigation of losses and the recovery of systems. The average response time is 30 minutes.
For further information about our Cyber insurance give us a call on 00 1 (832) 681 8657 or take a look at our Cyber Insurance Brochure.
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Contact us today to find out about our available products and to see how we can help you with your insurance or reinsurance requirements.