Cyber Insurance

Cyber Edge Insurance

If your defences are breached, we’ll help you get back to business as usual

Preventing the domino effect

Data leaks and data losses can lead to regulatory fines and PR nightmares, while attacks could lead to shut-down servers and loss of both confidence and profits. AIG understands this and provides a package of protection that includes insurance and specialist advice.

24/7 response

Our CyberEdge Breach Response Team will access information assurance experts as well as a leading law firm to offer consultancy that can respond in a crisis and help our clients take the best course of action.

Fines and investigations cover

This includes data administrative investigations and fines from data protection regulators that are insurable at law

Protecting reputations

Cyber incident response services include PR repair of company and individual reputations, breach coaching and any breach of information notification and monitoring costs

Electronic data cover

This includes data restoration, recollection and recreation following a security breach or data leak

Designed especially around the risk

CyberEdge is designed to respond to a variety of cyber risk exposures not covered under conventional casualty insurances.

Who is it for?

Today almost every business is depending on their critical data. CyberEdge is suitable for consideration by most organisations, apart from Financial Institutions.

What is covered?

Data Liability
Covers the financial consequences of losing or mis-appropriating customer or employee data

Crisis Management and Breach Coaching
Provides access to a cyber-incident response team from industry specialists and covers the PR costs of reducing the damage it could cause to your reputation. Includes forensic services following a data breach; assistance to repair company and individual reputations; breach coaching and associated notification costs

Administrative Obligations
Covers the potentially significant costs and expenses of a data protection regulator’s investigation and fines following data security breaches

Electronic Data
Covering the costs of restoring, recollecting or recreating data after a leak or breach