CyberSmart Cyber Insurance Explained
We have teamed up with Sutcliffe & Co to help provide coverage for businesses with an annual turnover of less than £20m. This broad coverage includes several additional services such as access to the industry-leading breach response service.
When a UK-domiciled organisation with a turnover under £20m achieves self-assessed certification covering their whole organisation to either the basic level of Cyber Essentials or the IASME Standard, they are entitled to opt into £25,000 of cyber insurance, terms apply. This article covers that insurance offering.
For more information on this please see our website for further details. - https://cybersmart.co.uk/insurance-cover/
Who Provides the Insurance?
Sutcliffe & Co is working with American International Group UK Limited (AIG), to deliver cyber liability insurance to eligible companies that obtain Cyber Essentials certification, through CyberSmart.
CyberSmart is a trading name of CyberSmart Limited. CyberSmart Limited is registered in England and Wales under Company number 10088945. Registered Office: 68 Hanbury Street Hanbury Street, London, England, E1 5JL. CyberSmart Limited is an Introducer Appointed Representative of Sutcliffe & Co, authorised and regulated by the Financial Conduct Authority 306068. By opting into this insurance, you agree to be bound by Sutcliffe and Co’s terms of business.
How do I make a claim?
If you suffer a Breach of Confidential Information or Security Failure you should immediately contact AIG’s First Response Service on +44 (0) 1273 730992 detailing your Cyber Essentials Certificate Number (as detailed in your Evidence of Insurance that was emailed to you).
Remember to keep a paper copy of your Evidence of Insurance as you may not be able to access an electronic copy in the event of a data incident