HSB Cyber Insurance

A computer, data and cyber insurance policy all in one; providing comprehensive cover for small and medium-sized businesses.

Cyber security has become a key risk to businesses of all sizes, with cyber attacks having become headline news.

Today, virtually all businesses collect and store personal information about customers, employees and others. The frequency of data breaches - the theft, loss or mistaken release of private information - is on the rise. But data breaches aren’t just a big business problem; small and medium-sized businesses with fewer data security resources are particularly vulnerable.

Whilst data losses for small to medium-sized businesses may not make the headlines, the potential financial cost and reputational impact of a cyber incident can be crippling. Firms such as accountants and lawyers might be perceived to hold more sensitive data, but all businesses could be at risk from a cyber attack or data breach by hackers, viruses or errant employees.

In response to the growing demand for cyber insurance, HSB has developed a computer, data and cyber policy. Specifically designed for small to medium-sized businesses, HSB Cyber Insurance offers broad coverage for cyber risks. Hardware (including portables) and data corruption cover provides protection for assets, whilst data breach expense, cyber crime, cyber liability and cyber event – loss of business income cover responds to cyber risks.

HSB Cyber Insurance provides:

Cover for the costs of dealing with data breaches and cyber liability claims
Cover for business losses from a cyber event
Cover that helps businesses deal with the impact of cyber crime
Cover for hardware and data corruption
Access to expert advice and support (e.g. IT, legal, forensic and media relations) when an incident occurs
Full claims support following an incident

E-Trade Solution

HSB Cyber Insurance is also available as an add-on cover via HSB Fast Track; our online broker e-trade platform, or via the Acturis open market solution. Our product has been designed to provide brokers with the opportunity to add Cyber to other insurance products on the platforms; providing protection for cyber risks which may not already be covered.

Why buy HSB Cyber Insurance?

Cover designed specifically for small to medium-sized businesses
Cover provides protection for a range of first and third party exposures and offers broad cover at a competitive price
Virus, hacking or denial of service attack is not excluded as an act of terrorism
Cover will pay for professional support to help businesses who are the victim of cyber crime with the threat of damage to their computer system by virus, hacking or disclosing of data
Full claims support provided by HSB following an incident
Clear and easy to understand policy wording
Insurer with international experience and expertise in computer and cyber insurance

Why choose HSB?

Leading specialist provider of engineering and technology insurance and inspection services in the UK, Ireland and Europe
UK-based arm of HSB Group, the equipment breakdown insurance and inspection market leader since 1866
Part of Munich Re, a world leader in risk solutions, consistent risk management and financial stability
Financially strong and stable – rated A++ (Superior) by A.M. Best Company
A member of the Institute of Customer Service, demonstrating our commitment to continually improving customer service performance and professionalism

Contact Us

For more information, speak to your usual Business Development Manager or contact your local HSB office.

HSB and the Prince of Wales' Business Emergency Resilience Group (BERG)

BERG is part of Business in the Community, the Prince's Responsible Business Network. HSB is part of BERG's cyber risks committee, where we collaborate with other large corporations to both educate and provide practical solutions to UK SMEs on ways of improving their cyber resilience.