Cyber attacks and ransomware demands pose existential financial threats to modern enterprises, making standalone cyber insurance essential.

1. First-Party Cyber Coverages

• Incident Response & Digital Forensics: Pays top-tier cybersecurity firms to investigate breaches, patch vulnerabilities, and restore systems.
• Ransomware & Cyber Extortion: Covers extortion negotiation fees and approved cryptocurrency ransom payments.
• Business Interruption: Replaces lost operating profit and ongoing payroll while computer networks remain offline.

2. Third-Party Cyber Liability

Covers defense costs and legal settlements arising from class-action consumer privacy lawsuits following compromised customer personally identifiable information (PII).