Cyber Liability Add On
An add on to our Contractor Package to cover your cyber risk
Cyber Liability Insurance from Kingsbridge is a simple, affordable way to safeguard your livelihood.
What is cyber liability insurance?
Also known as cyber risk insurance and cyber liability protection, cyber insurance protects your business from online threats. Cyber insurance covers your business from risks related to your technology and IT infrastructure, such as loss of data, damage to IT equipment and ransomware costs.
How the right cyber insurance can help
You are responsible for keeping your clients’ data secure. So, investing in the right protection and seeking advice from IT experts is strongly advised. But even with the best defences in place, a breach can still happen. That’s why cyber insurance is necessary to safeguard your livelihood from the numerous digital dangers it faces.
If you are subjected to a malware attack, get hacked, or someone opens a phishing email, it’s good to know you’re protected. Cyber insurance means you’ll have the financial backing to pay for investigation and corrective action. Above all, you’ll have peace of mind, knowing that you’ll get back any money you may have lost.
Why choose Kingsbridge?
- We are specialist insurers of trade professionals, contractors, freelancers, and sole traders
- Cyber liability insurance can be included as an add-on with our comprehensive core contractor insurance policy, so securing all the cover you need is simple
- All Kingsbridge policies are underwritten by A-rated insurers
Frequently asked questions
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Is cyber liability insurance a legal requirement?
No, but it is useful for any business that sends or stores electronic data, given that the threat is so high. For example, 32% of businesses and 24% of charities overall recall any breaches or attacks from the last 12 months according to figures from the Government’s Cyber Security Breaches Survey.
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Do I need cyber security as well as cyber liability insurance?
Yes. You may be obliged to protect your clients’ data, and it’s common sense to do so. It is also good practice to maintain your cyber security—for example, updating anti-virus software at least every 30 days.
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What is not covered by cyber liability insurance?
Cyber liability insurance does not cover deliberate acts, fraudulent acts or claims where unauthorised access cannot be proven. The cover will also only repair, replace or restore assets to the level they were at prior to the claim. See our full terms, conditions, and exclusions.
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Can I include cyber liability insurance as part of my contractor insurance policy?
Yes, cyber liability can be purchased as part of our contractor insurance package. Simply ask the Kingsbridge team today for more information.
