We take pride in arranging for large and specialised risks for our clients, from Aviation Liability to Public Liability. Now, we are working on Cyber Insurance, one of the more challenging risks compared to many other convention insurance such as Fire Insurance.
With many years of IT experience and participating in ICANN meeting, we witness the changes in technology. The emergence of Cloud storage, SaaS (Software as a Service), the rolling out of IPv6, DNSSEC etc, thus, we understand the speed IT evolves, so does its threat.
Cyber threat against the business community will increase tremendously, and the damages it caused has already exceeded the losses caused by natural disasters. Apart from business interruption that causes loss of revenue, it expose the business to Third Party legal liabilities, penalty and fines from Regulatory bodies as well suffer from intangible losses such as reputation and branding etc.
Cyber Insurance will soon be an necessity to safeguard a business survival. An attack that wiped off a business customer data, or held ransom could effective shut down a business.
Talk to us now for a non-obligation discussion. We can offer customised cyber Insurance solutions from Allianz, MSIG, Zurich and Etiqa.