Crime Liability

Crime Liability

The effect of a cyber-attack could be devastating to almost any business: network downtime, loss of important data and loss of credibility when customer information is compromised.

From a lost device to a more deliberate cyber-attack, the risks arising out of the myriad and ever-increasing use of IT, are perhaps some of the most challenging faced by businesses in today’s technological world. Data and systems are key assets for most companies because without them you cease to exist. Operating digitally presents opportunities but also comes with great risk!  Cyber risks policies are constantly evolving to try and meet these risks.

Specialist skills and knowledge of niche insurance markets and products is therefore essential, which Compendium is able to provide along with our selected partners.

Policy covers include:

  • Physical damage
    • Property damage as a result of a cyber attack
    • Debris removal (your property)
    • Bodily injury
  • Business Interruption
  • Incident response
  • Mitigation
  • Legal liability

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