Complete protection against IT-related risks
Nowadays the digital storage and processing of data is vital for every company’s day-to-day operations. This means that virtual assets require comprehensive protection that goes beyond technical and organisational measures – especially since there is no such thing as 100 per cent security. Cyber insurance goes far beyond the limits of traditional IT loss prevention, so it is an essential element of balance-sheet protection and a valuable addition to conventional property insurance.
Insurance Coverages
- First-party loss coverage covers the company’s own financial losses, including lost operating profit, resulting from the loss or manipulation of the company’s own data and programs.
- Third-party loss coverage covers financial losses by the insured party resulting from claims for damages from third parties due to data breaches as defined in the terms and conditions.