overview

Whatever the type of company, we can offer an appropriate cyber insurance service

From agile start-ups to multinational corporations, we know that the nature of cyber risk changes depending on the type of business you are. One size does not fit all.

Our knowledge of the cyber risk landscape gives us a deeper understanding of the different types of cyber risk – whether it’s the physical damage exposure of big industry or the high volume of patient records stored by a hospital.

Cyber Every business video poster
+18

years providing cyber insurance

Claims expertise

Our team handle some of the most complex claims

40%

we provide cyber cover for 40% of the Fortune 500

2019

Cyber Underwriting Firm of the Year 2019 – Insurance Insider

What is cyber insurance?

The digital world is always evolving, resulting in cyber-attacks becoming more frequent and sophisticated, leaving more and more companies vulnerable to devastating consequences. Cyber insurance is a specialist insurance policy designed to protect your client’s businesses from financial losses caused by cyber-attacks. Our cyber insurance policies include cover for a range of threats including data breaches, cyber-crime, network security coverage and business interruption.

A cyber-attack can happen to any business, regardless of size or industry. By investing in cyber insurance, business owners can gain peace of mind knowing they’re protected against the fallout of a cyber incident. 

What cyber risks do we cover?

We cover a range of cyber risks with products designed to equip brokers and their clients with the ability to prepare for any eventuality.

Our cover helps your clients be protected against:

  • Privacy and security liability
  • Regulatory Claims
  • Breach response
  • Payment Card Industry coverage
  • Cyber Extortion
  • Business Income Loss
  • Data restoration
  • Reputational Harm Loss
  • Multimedia liability

Our cyber insurance products

In the dynamic and ever-evolving world of Cyber Insurance, it’s important to find a product that fits your needs. Explore our Cyber Insurance Products below and discover more about what Brit have to offer.

 

CPR for Small/Medium Business

Tailored for small to medium-sized businesses, our CPR service is perfect for a diverse range of industries. It is designed to offer you flexibility in insurance protection and cover Incident Response, Notification Services, and Insurance Protection.

 

XDR for Large Scale Business

Our XDR service is designed for large-scale and multinational corporations. Our solutions address a wide range of exposures, with a particular focus on network security, privacy, and data protection 
risks.

 

BCAP for Industrial Business

Brit Cyber Attack Plus (BCAP) is our award-winning service specifically designed for industrial and trade businesses. This coverage bridges the gap between physical and non-physical risks and offers the largest amount of cyber capacity available in the market on a primary basis.

 

XDR Pro Tech for Tech Business

XDR Pro Tech is our specialised service tailored for the distinct requirements of technology-based companies. We offer customised policies for international enterprises that include Technology Professional Liability, Miscellaneous Professional Liability, Multimedia Liability, and Network Security and Privacy Liability.

 

First50

Our First50 product is a new initiative in the cybersecurity sector designed to facilitate the placement of cyber insurance for major institutional clients earning $10 billion or higher.

Inclusion

quick and easy access to our CPR product

cyber portal

All of our products are sold via intermediaries and insurance brokers. Brit has developed a portal for brokers to quote and bind products. If you are a broker you can log in here. If you're interested in our portal, please contact our e-trading team

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Why do my clients need Cyber Insurance?

With technology advancing and becoming more deeply intertwined with daily operations, the rise in cyber threat is inevitable. Cyber insurance is now crucial, and insurance providers must provide adaptive coverage that precisely meets your client's unique requirements.

Across various sectors, regulatory bodies are tightening data protection standards. By embracing cyber insurance, businesses not only meet these compliance mandates but also signal a proactive stance towards risk management. This commitment not only safeguards against potential financial losses but also strengthens your clients' standing and trustworthiness within their industries. 

Whilst GDPR has put the spotlight on data privacy and cyber issues, there are other more prominent trends that are driving a greater take-up of cyber insurance. When speaking to our clients, the growing frequency, severity and sophistication of the ransomware threat to their businesses has been their biggest concern and the true catalyst for cyber insurance adoption

Ben Maidment Head of Global Cyber Privacy and Technology

Datasafe

Our 3 stages of Cyber protection

Datasafe

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Stage 1 - Ready

  • Our Data Safe portal provides advice and the latest information on evolving cyber risks.
  • Access our Knowledge Centre with over 500 compliance and risk management resources.
  • Run a Cyber Fitness Check to assess your organisation’s cyber posture
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Stage 2 - Set

  • Use the confidential Virtual CISO to leverage unlimited advice from privacy and data security experts.
  • Access Incident Response Planning resources with sample plans and procedures to help you feel prepared if a cyber event does occur.
  • Keep your employees up to speed on key privacy and data security issues with online training courses and build ongoing awareness through bulletins, posters and webinars.
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Stage 3 - Recover

  • 24/7 Breach reporting hotline: our team of experts are on hand 24 hours a day to help you manage the potential consequences of a cyber threat.
  • Our app provides a quick and easy notification process enabling you to report a breach promptly to our team of experts.
  • Our expert claims team has thousands of breaches and claims behind them to get you back up and running.

Breach Response and Claims

Cyberattacks are increasing every year and they’re becoming more complex. That’s why we believe all organisations need to be prepared. Understanding how your insurance policy can help in the event of an attack and who to turn to for immediate support is critical.

Find out more

Breach Response and Claims

Insights

Read the latest insights from our cyber security partners. You can find more news from our cyber team at the end of this page.

Insights

Breach Counsel Teaser

Breach response: leave it to the experts

23-07-2024
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Ai Snippet

Risk Versus Reward: Using AI In Business

22-05-2024 |Cyber
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Cyberpam Header

How cybercriminals exploit MFA reset prompts

25-04-2024 |Cyber
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Ransomware Fullbleed1

Ransomware negotiation: Don’t try this at home

18-03-2024 |Cyber
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Adcybergap Pageimg

Addressing The Cyber Gap With SMEs

29-01-2024 |Cyber
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NIS2 Header

Brit - NIS2: What does it mean for cyber security?

30-11-2023 |Cyber
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DT

The Cyber Security Threat from Digital Twins - Brit

30-11-2023
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CRITINFRA 1 638X621

Why do cyber insurers insist on IT security?

26-05-2023 |Innovation & Insights
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Brit launches Brit Cyber First50 to expedite placement of large cyber risks

13-03-2024 |Cyber
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Maidment Ben 4648

Ben Maidment

Head of Global Cyber Privacy and Technology

Maidment Ben 4648
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Locations

The Leadenhall Building,
London
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Locations

The Leadenhall Building,
London
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