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Cyber Insurance

Providing protection for computer, data and cyber risks.

Cyber risks have become a major concern for organisations of all sizes. With 74% of small businesses having experienced a security breach in the last 12 months*, cyber attacks have become headline news.

  • Why do organisations need Cyber Insurance?

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    With the average cost to a small business of the worst security breaches being between £75k and £311k*, having specific insurance in place to mitigate these risks can make a big difference in reducing the financial impact.

    Conventional policies may not cover many of the losses associated with cyber risks such as:

    • Costs of dealing with data breaches
    • Costs of dealing with cyber liability claims
    • Cover for business losses from a cyber event
    • Cover that helps organisations with the impact of cyber crime.

    Having access to expert advice and support e.g. IT, legal, forensic and media relations when an incident occurs can help mitigate the financial impact of a loss or cyber event and any reputational damage.

  • Who is Ecclesiastical Cyber Insurance for?

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    • Any existing commercial Ecclesiastical customer
    • Any new customer taking out a commercial Ecclesiastical policy

    It has been designed to cater for small and medium size organisations and to meet the needs of customers in Ecclesiastical niche market segments such as:

    • Charity and not-for-profit organisations
    • Education risks
    • Charitable care providers
    • Property owners and investors
    • Heritage, arts and culture
    • Faith organisations.

  • What does Ecclesiastical Cyber Insurance provide?

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    • An all-in-one computer, data and cyber risks policy designed to meet the needs of small and medium sized organisations

    • A flexible solution that can be tailored to individual needs designed to dovetail with your client’s current Ecclesiastical policy cover

    • Choice of cover limits appropriate to your clients’ level of risk

    •  Affordable pricing structure.

Download our guides

Find out more about Ecclesiastical Cyber Insurance in our quick guide. We've also pulled together some top tips to help protect small businesses from data breach.

Types of claims

Here are some examples of claims that would be covered under Ecclesiastical Cyber Insurance policy.

  • Cyber crime

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    Employee fraudulently modified information which resulted in a transfer of funds.

    Claim £12,800

  • Data breach

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    Accountant’s laptop stolen containing 800 customer tax records. Cost to replace laptop (paid as part of hardware cover), investigate breach, take legal advice and notify clients.

    Claim £35,000

  • Cyber liability

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    Property management firm’s email system became corrupted. IT investigation needed to confirm a virus was the cause. Former customer sued for damages after being infected via an email.

    Claim £45,000

  • Data corruption and extra costs

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    Cryptolocker encrypted the files of a computer system. Costs incurred to clean the system and restore data. Support expenses for a ransom demand (paid as part of cyber crime cover).

    Claim £31,300

*Source: Information security breaches survey 2015, Department for Business, Innovation & Skills, June 2015
Ecclesiastical Insurance Group plc (EIG) Reg No 1718196. Ecclesiastical Insurance Office plc (EIO) Reg No 24869. Ecclesiastical Life Ltd (ELL) Reg No 243111. Ecclesiastical Financial Advisory Services Ltd (EFAS) Reg No 2046087. Ecclesiastical Underwriting Management Ltd (EUML) Reg No 2368571. E.I.O. Trustees Ltd Reg No 941199. EdenTree Investment Management Ltd (EIM) Reg No 2519319. All companies are registered in England at Beaufort House, Brunswick Road, Gloucester GL1 1JZ. EIO and ELL are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Firm Reference Number 113848 (EIO) and 110318 (ELL). EFAS and EIM are authorised and regulated by the Financial Conduct Authority. Firm Reference Number 126123 (EFAS) and 527473 (EIM). EUML is an appointed representative of EIO who is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Firm Reference Number 402228.