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Many cyber policies typically have a sub-limit up to a maximum of USD250k, for many policyholders this is inadequate.

 

 

Cover available

With this policy, the insured can buy-back the benefit of cybercrime cover for loss of money, securities or property caused by a bad actor who has committed:

  • Fraudulent instruction
  • Computer fraud
  • Funds transfer fraud
  • Telephone fraud
  • Invoice manipulation

Key features and benefits

  • Exclusive, unique product addressing gap in cyber coverage – providing clients with the option to increase coverage and gain peace of mind.
  • Limits up to USD3m (will consider up to USD5m on risk-dependent basis).
  • Minimum premiums:­
    • USD15k for USD500k limit
    • USD20k for USD1m limit
  • Consider FinTech (no financial institutions).
  • Optional cover for funds in custody and control for additional premium.

 

03/07
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Information required to quote

In order to get a quote, we require a completed copy of the social engineering application form.

Please get in touch with the team to request a copy or find out more.

Danny Cooper
Danny Cooper
Director - Professional and Financial Risks +44 (0) 20 7031 2964 EMAIL
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