Cyber Security Insurance is an essential component of a healthy risk management strategy that looks to mitigate cyber threats appropriately. However, not all cyber policies are alike and finding the right coverage for your company can be challenging.

In today’s digital and connected world, cyber risks are an important and established part of the risk landscape. Companies rely heavily on IT systems to be operative, as well as to store and communicate intellectual property and data. Concerned with continuity in the face of an event and subject to ever-tightening legislation, businesses find themselves further under pressure to be cyber-ready.

Cyber incidents can originate from inside or outside the company and they can be intentional or accidental. Businesses need to be prepared for a constantly widening range of cyber threats, such as data breach, ransomware attacks, industrial espionage and the introduction of virus into company systems, amongst others. Whether targeted by hackers, political hacktivists, terrorists, nation states, competitors, disgruntled employees, or simply victims of innocent human error, all businesses are at risk

At Tokio Marine and Nichido Fire Insurance Co. Ltd (TMNF), we provide Cyber Security Insurance that offers comprehensive and innovative protection to your business.

COVERAGE AT A GLANCE

At TMNF, we understand that cyber-related risks are constantly evolving and coverage, therefore, needs to contemplate today’s threats and anticipate tomorrow’s. Our offer has been devised by our dedicated cyber underwriting, claims and product development teams and designed so that coverage can be seen at a glance.

A wide range of cyber events are considered and clients can extend and adapt further coverage to best suit their set-up and needs. As the nature of a cyber-event can deeply impact a business, we are quick to take action. The policy responds as soon as we are alerted to the possibility of a cyber-event.

STANDARD COVERAGE

Cyber Events Insured Losses - First Party
directly paid or incurred by the Insured
Insured Losses - Liability
arising from a Claim or Investigation
targeting the Insured
Data Breach
  • Emergency Response Costs
  • Event Management Costs
  • Notification Costs
  • Monitoring Costs
  • Recovery Costs
  • Damages
  • Regulatory Fines and Penalties
  • Defence Costs
  • Investigation Costs
Cyber Attack
  • Emergency Response Costs
  • Event Management Costs
  • Diverted Funds
  • Recovery Costs
  • Damages
  • Defence Costs
  • Investigation Costs
Human Error
  • Emergency Response Costs
  • Event Management Costs
  • Recovery Costs
  • Damages
  • Defence Costs
  • Investigation Costs
Insured Systems Disruption
  • Business Interruption Loss
  • N/A
PCI Non-compliance
  • Emergency Response Costs
  • Event Management Costs
  • Damages
  • PCI Penalties
  • Defence Costs
  • Investigation Costs
Electronic Media Claim
  • Emergency Response Costs
  • Event Management Costs
  • Damages
  • Defence Costs
E-threat
  • E-threat Response Costs
  • Damages
  • Defence Costs

Policy Details