Cyber Insurance
Your Source for Protection
WHAT IS CYBER RISK
For the past years since we bravely enter into the 2nd Millennium, cyber technology, and particularly the e-commerce, has provided a remarkable platform for business growth and innovation. The revenue and financial value cannot be underestimated. From Amazon to Uber, technology has given rise to companies that could not have existed without cyber technology. In less than a generation, however, with the technology getting more convenient for everyone to the stage that we cannot live without it. Cyber technology risk and crime are emerging in exponential rate. It is estimate the estimated global cost of cyber crime a year is $400bn. Analysis completed by KPMG in the UK shows that attackers tend to be clustered into three main groups, using either “commoditised”, “targeted” or “high-end” approaches to victim selection and exploitation
WHY USE OUR SERVICE?
While the premium of cyber insurance plan may be the same whether you purchase it from us or another agency, or the insurance company directly, your company will benefit from our experience on the extra risk mitigate and practical technical knowledge on prevention from our Cyber Insurance Specialist which ONLY Moresucess cyber insurance can provide as all our Cyber Insurance Specialists are qualified Information Security Auditor.
Furthermore, our explicit cyber insurance products can be tailored for your company catering calculated risk assessment and cost efficient . Also, given the constant change in the industry, we take pride on providing the most current information, pricing, and recommendations. We tailor your company the best deal for your situation! So, let us be your advocates in what is often a very confusing industry. We look forward to provide our service to mitigate risk for your company !
MoreSuccess Insurance Broker Limited had well-versed experience in managing and help our clients from the risk and follow-up on burst of cyber risk. Our Cyber Insurance Cover ‘Head to Tail’ to our clients.
KEY BENFIT OF MORESUCCESS CYBER INSURANCE
Incident Response (24/7 response line)
Legal/Regulatory Costs, IT Security & Forensic Costs, Crisis Communication Costs & Privacy Breach Management Costs
Third Party Privacy Breach Management Costs
Remediation Costs/Mitigation expenses
Cyber Crime (sub-limited) Funds Transfer Indemnification/Social Engineering, Extortion, Telephone Hacking, Phishing
System Damage & Business Interruption (Consequential Reputational Harm)
Network Security & Privacy Liability
Media Liability (Defamation/IP Infringement)
Court attendance costs
MORE RISK DIVERSION
Our Cyber Insurance cover can extend to provide Cyber Extensions/Silent Coverage:
Cyber Crime Extension
Business Interruption
Growing presence of Lloyd’s exclusions
MoreSuccess Insurance Broker Limited Cyber Insurance Special Technology broker team will undertake a risk assessment and review of your current policies so you can determine your requirements and review any gaps in cover. They will also provide an impact analysis which will help with your business continuity planning.
Our Cyber Insurance Specialist team is lead by experienced Information Security professional of well-verse experience and strong technical background, we are all:
CISA
More than 30 years cyber technology experience in Asia Pacific IT industry
ISO27001, ITIL certified companies information security advisors
Robust information security consulting credential for China, US, Europe, Asia Pacific multi-national corporations for banks, government departments, retail chain companies. multi-national FMCG groups