Cyber cover from Hiscox offers clear, unambiguous policy wordings so clients know what they are buying and the cyber threats covered. Our policyholders benefit from the peace of mind support provided throughout the life of the policy with a comprehensive package of risk management services.
Whatever the cyber risk, from ransomware, to a distributed denial of service, or a major data breach, Hiscox cyber insurance protects businesses during the immediate crisis response and in helping to return to ‘business as usual’
Broad policy coverage
Hiscox cyber cover offers:
- First-party incident costs including bricking (where a device has been made unusable) and a criminal reward fund (created to reward anyone who provides information that leads to the arrest and conviction of an attacker)
- Flexible business interruption calculation, catering for all industries
- Full system failure triggers including any unintentional or unplanned outage
- Voluntary shutdown
- Reputational harm.
Straightforward claims conditions
We strive to make the claims process simple:
- Cover for mitigation costs to prevent future losses
- Incident costs sub-limit without insurer’s prior consent.
Value adding risk management services
The best cyber claims are the ones that never happen – that’s why we offer all our clients a range of risk management services that can help businesses build their cyber resilience. All Hiscox cyber policyholders have access to an array of risk management services including the Hiscox C-Suite Secured workshop, cyber maturity assessment, boardroom briefings, cyber crisis tabletop exercise and spear phishing stimulations.
