Cyber Insurance
A digital presence is a must-have for every business in our digitalized world. Whether you are a hairdresser or a grocer, an IT firm or a product-based business, a sole trader or a limited company, a website, a few social media profiles, email, software and cloud services are the integral parts of your business. As much as we have started to depend on digital platforms, the concerns regarding the security of these platforms have also increased. Cyber and data Insurance policies cover businesses in the digital space against cyber-attacks, data theft and other privacy issues.
What does it cover?
Cyber liability insurance covers businesses against:
- Hacks
- Data loss
- Privacy breach
- Cyber attacks
- Viruses
- Financial losses
- Reputational losses
Who should get it?
Every business that has any sort of digital presence can have this policy. However, businesses related to finance and insurance, data handling, medical record-keeping, IT, SaaS, and other technology fields must have this policy to ensure they have support to fall back in case of a data breach or cyber-attack.
Cost of Insurance
The cost of insurance is different for every business. The IT or related businesses with higher risks to their data and privacy have to face higher charges for getting this insurance and vice versa. Violet Insurance provides competitive rates and customised coverage to ensure your businesses’ safety and security in cyberspace.
Violet Insurance Minimizes Your Risks
Violet Insurance protects your business from monetary damages you may face in cyber-attack cases and saves you from other repercussions like regulatory compliance, lawsuits, crisis management and reputational costs. We offer cyber liability insurance as a standalone policy as well as a part of a comprehensive package of different coverage a business may need.
To get your bespoke quote from Violet Insurance, please get in touch.
