Product information

What is Cyber?

Cyber insurance is a type of insurance that provides protection for businesses against the financial consequences of cyber-attacks, data breaches, and other types of cybercrime.

Examples of situations that might be covered by cyber insurance include:

  • Costs associated with a data breach, such as credit monitoring for affected individuals, public relations expenses, and regulatory fines.
  • Costs associated with a ransomware attack, such as the ransom payment and the cost of restoring data from backups.
  • Loss of income due to business interruption caused by a cyber-attack.
    Legal costs associated with defending against a lawsuit arising from a data breach.
  • Costs associated with incident response, such as hiring a forensic investigator and crisis management consulting.

Additionally, a company should have robust cybersecurity measures in place, such as firewalls, intrusion detection, and employee training, and review and update them regularly to minimize the risk of cybercrime and to respond effectively if a cyber incident occurs. We partner with cyber security experts to help Ross-Gower clients undergo cyber security risk analysis and implement suitable security measures.

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If you’d like to find out more or get a quote for insurance. Contact the friendly Ross Gower team.

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About us

Ross-Gower is an independent commercial insurance broker specialising in the property and construction market.

We are a forward-thinking, City based firm founded in 1989 that uses our strong knowledge of the insurance market and insurance related matters to advise our clients.

We believe in developing a deep understanding of our client’s requirements to source suitable insurance policies. We are always looking to tread the untrodden path and work with industry innovators to create new insurance products and schemes.