Cyber Insurance

Protect your business against cyber threats

Why is Cyber Insurance Important?

Cyber insurance covers a business’s liability and its ability to manage the impact of a cyber incident on its systems and finances. In addition, there may issues with third parties you deal with such as a loss of confidential data, transmission of a virus or missing funds.

We would strongly advise all businesses, however large or small, with any reliance on systems and data, to consider protecting their online business. This should be treated with just the same level of importance as covering tangible assets – if not more so.

As part of our service we make it our business to fully understand the requirements of our business customers and prepare suitable levels of protections should you suffer an attack. That way we are able to ensure customers are doing everything they can to avoid a cyber-attack or data breach. It is our firm belief that prevention is better than cure. Whilst very prudent measures can be taken by businesses around IT infrastructure such as firewalls, encryption and passwords there is also the very obvious issue of human error to consider. In the event that an incident does occur, cyber insurance provides a valuable safety net.

What Protection is Cyber Insurance Designed to Provide?

There are many and varied types of cyber threats occurring every day. Depending on the needs of the business, cyber insurance can provide cover for:

Ransomware and extortion: in the event that a hacker tries to hold your business to ransom, cyber insurance would cover the ransom cost and provide support to manage the situation. It would also provide the services to restore system security. For more information on how to protect your business against a potential ransomware attack, read this Ransomware Readiness Guide.

Breach costs: providing support in the event of a data breach, such as undertaking investigations and providing legal and communications services. It would also provide the services to restore system security.

Privacy protection: if your customer data is compromised, cyber cover would meet the cost of any claims brought against you for not keeping customer data secure. This may also include any associated costs, such as regulatory investigations that may be required and incur cost.

Cyber business interruption: if your business is hacked and your systems are compromised, this may prevent you from operating. If this were to happen, cyber insurance would compensate you for loss of income while your business is temporarily shut.

Hacker damage: in the event of a hacker damaging your website, data, systems or computer programmes, cyber insurance would cover the cost of repair or replacement.

Crisis containment: An online security breach could have a detrimental effect to the reputation of your business. Cyber insurance would provide the support to mitigate any reputational damage. It is critical that customers have access to 24hour & days a week crisis management to identify what to do and resources to deploy to solve the problem.

Crime and social engineering: An important but normally an addition to a cyber policy is protection against loss of money or other assets due to a fraudulent or dishonest act by a third party. This might be computer fraud or social engineering. Identity fraud – someone pretending to be you – needs consideration also.

Need more
information?

If you would like to find out more about how you can protect your business with cyber insurance, please give Mark Stevenson a call on 0208 290 9080 or email us at business@anthonyjones.com.

FAQ’s

Some of our most asked questions, answered below:

What is Cyber insurance?

Cyber insurance covers anything to do with the internet and online risks. Common examples include data breaches and IT system hacks.

What does Cyber insurance cover?

Cyber insurance covers your business’s online and IT system assets. The protection it provides can be tailored to include:

  • The loss or corruption of data or software
  • Ransomware, where cyber criminals threaten to damage systems or release data unless a ransom is paid
  • Electronic or IT equipment theft
  • Costs associated with cyber crime, whether that’s customer communications or PR expertise required for reputational issues
  • Business interruption costs associated with IT downtime.
Do I need Cyber insurance?

Most businesses rely on their IT systems and online assets to some extent and should consider protecting themselves against cyber attacks with Cyber Liability insurance.

Reviews

 

Vanessa Mead
Vanessa Mead
10:00 17 Jan 24
Ed Tatham
Ed Tatham
15:09 11 Jan 24
wendy plant
wendy plant
10:10 01 Dec 23
I have been a client of Anthony Jones for 20+years. All the Advisors are experts in all areas of Insurance. The Advisors are very professional, helpful, cheerful, and caring. They make life easy when it comes to dealing with Insurance.
Leo G.
Leo G.
20:30 31 Oct 23
Best brokers !
Gail Proud
Gail Proud
21:39 10 Oct 23
Thank you for making insurance both Motor and Household stress free.
michael bentley
michael bentley
08:19 25 Sep 23
Very happy for many years, formerly dealing with Bob Chapman, Rose and Claire. Very friendly, very competitive quotes.
Colin Lee
Colin Lee
09:20 12 Sep 23
Joe and Mark are a credit to their profession. Thank you very much for your professionalism and the honest way that you conduct business.
Jed Lowe
Jed Lowe
16:06 07 Jul 23
…. Walked the extra mile including taking call on day off to sort out a mess caused by previous broker … can’t thank Bo and Tom enough ….
William Tracy
William Tracy
08:10 02 Jul 23
I have my Public Liability insurance with Anthony Jones. Tom Cowap normally deals with all my queries and renewal. I have found this company to be very helpful and polite and have dealt with my inquiries and renewal's quickly. Tom has always been really helpful.
Vapourlites Ltd
Vapourlites Ltd
13:43 11 May 23
Professional and efficient, first class service provided
Louise Burton
Louise Burton
13:46 21 Apr 23
I have worked with this company and Joe Penny for many years now and wouldn’t go anywhere else. Would Highly recommend Joe to anyone
lucy barham
lucy barham
09:09 21 Apr 23
Anthony Jones have have taken care of our commercial and fleet insurance needs for years. I have recently renewed our commercial & Liability insurance and trust that Joe Penny (account handler) understands our business and always strives to get the best rates and policy for us. I would highly recommend to anyone.
Ben Doughty
Ben Doughty
19:08 23 Oct 22
Steve @ Anthony Jones has been servicing our business for years and has always provided the best service I could ask for from a broker. Very responsive, great communication and a great company and individual to do business with. Does what is expected and more. Thanks
Louise Evans
Louise Evans
22:44 09 Aug 22
I use Anthony Jones Insurance Brokers annually for my home and contents policy. Sharon is always great to deal with, responsive, professional and found me a great deal. Really happy with my policy and will continue to use Anthony Jones in the future.
Amy LH
Amy LH
19:19 19 Jul 22
I have been a client of Anthony Jones for over 10 years as the broker for the buildings & associated insurances for our freehold property of 3 flats. For the last 6 years I have dealt with Tom Cowap who is always highly efficient, professional and easy to deal with. He really went above and beyond this year when he found the existing policy had stopped covering flood risk and that the alternatives offered a significant increase in premium on the previous year. He didn't involve me until he'd found policies which offered the right cover, but with a reasonable premium and it was genuinely surprising that he didn't try to sell me the more expensive option. I can't imagine wanting to move to a different broker in future because of this great service. Thanks Tom!
Stu Matson
Stu Matson
15:06 01 Jul 22
We have dealt with Tony and Steve for a few years now and are always so pleased with their service, patience and support in helping us get the insurance plans required for our outdoor events. I really couldn't recommend highly enough.
Arif Ali
Arif Ali
11:47 19 May 22
Bo has helped with the review and renewal of our Property Owners insurance for the last few years. I have found Bo very helpful and professional and would certainly recommend her to others. Kind regards.
Olga Bradley
Olga Bradley
16:28 11 Apr 22
Tom was very helpful, and very patient during the whole process of finding me a qoute for public Liability insurance. He helped make the whole process much easier for me. I would use his service again in the future.
Keith Rossiter
Keith Rossiter
18:42 28 Mar 22
Very efficient and friendly service. Competitive prices.
MODUS (MATL)
MODUS (MATL)
12:09 14 Mar 22
We have used Anthony Jones in excess of twenty five years. Always find them helpful and efficient, and they are able to get us the best costs for our insurance policies.
Brian Sealey
Brian Sealey
15:39 14 Feb 22
I dealt with a bloke called Joe Penny. From the minute we starting speaking he explained everything to me, explained all the ins and outs of the insurance. He made me feel at ease straight away. I would definitely recommend him if your looking for vape shop insurance. Cheers Joe will be back in touch when it’s time for renewal 👍
Paul Jackson
Paul Jackson
12:36 16 Nov 20
I wrote the following two years ago. Since then, I have continued to receive great service from the team at Anthony Jones - they are courteous & very effective, a pretty good combination for an insurance broker!"I chair a campaign to save our local pub. We launched a share sale and succeeded in buying the Crown a few days ago, so we needed help in selecting the right insurance for the site whilst renovations were under way, including unoccupied property cover. Tony Ellis of Anthony Jones Insurance was really helpful in guiding us through this process, and we now have the correct cover in place. Fast, easy to deal with & knowledgeable - just what you need from your insurance broker! Well done Tony and all at A Jones."
Irene Sauer
Irene Sauer
12:04 31 Aug 20
Excellent service.
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