Our BCAP coverage is a market-leading consortium designed to bridge the gap between physical and non-physical risks, offering comprehensive and bespoke protection. As the largest provider of primary cyber capacity in the market, BCAP is also the longest-standing physical damage consortium in the London and International markets.
BCAP is a consortium of Lloyd’s markets, led by Brit Syndicate 2987, providing seamless alignment with existing all-risks wording and clear policy language, whether through an insuring clause or policy structure. By dealing with a single market, clients benefit from substantial capacity and a streamlined claims agreement process, ensuring a unified claims adjustment approach—regardless of whether the damage is physical or non-physical.
The industrial and trade sectors often rely heavily on digital systems to manage operations, supply chains and critical infrastructure. While this has been a positive for these industries, helping to streamline processes and increase efficiency, it has also exposed them to an increased risk of cyber threats.
Providing your clients with cyber-attack insurance offers essential protection. It helps them safeguard their digital infrastructure and mitigate the risks associated with cyber incidents. This coverage ensures businesses can recover quickly from attacks, minimising disruption to operations, supply chains, and critical systems.
We cover a range of essential cyber risks to ensure comprehensive protection for businesses, including:
Our target jurisdictions are the USA, UK, Canada, South Africa, Australia, New Zealand, and EEA countries, providing tailored cyber attack insurance solutions across multiple tier 1 Industrial Companies, including:
We were delighted to be awarded Cyber Innovation product of the year in the Insurance Insider Cyber awards 2020
Find out more about our Cyber Claims and how we can assist your clients during a cyber breach.
We deliver a service that doesn't simply insure against risk, but helps businesses to confidently take control of it. DataSafe is our online training and risk management platform.
Find out more about DataSafe
Read moreLegislation and guidance can differ or even overlap, depending on where a business is operating. The rapid pace that technology advances also complicates things, so businesses have to stay constantly informed, while being agile enough to make changes quickly – all of which can be resource-intensive.
Read more on some of the privacy, and cyber security-related legislations here.
Read moreThe threat from cyber attacks is a fast emerging and complex one which presents potential catastrophic risk and for which there is currently inadequate insurance coverage. Attacks can be committed by an array of perpetrators such as terrorists, state-sponsored agents or even disgruntled employees.
This product gives companies the vital protection and ongoing risk assessment support they need against attacks where the ramifications, financial and operationally, can be disastrous.
All of our products are sold via intermediaries and insurance brokers. We have 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.
Explore our BCAP resources, which are designed to give brokers a deeper understanding of our product and its benefits. Download the relevant documents to gain valuable insights into how BCAP can support your clients' needs and protect their businesses.
Explore our insightful articles to gain expert perspectives on emerging cyber risks, attack strategies, and best practices for mitigating potential damage.