Prevent a single malicious click from bringing your business to a standstill. Protect your digital operations and your reputation with a specialized cyber risk policy.
Insurance / Financial Lines
Cyber Risk
Cybersecurity Insurance protects your company against risks arising from cyberattacks, data breaches, information hijacking (ransomware), digital fraud, and loss of reputation. It also covers other events that impact your operations, digital assets, or third-party liabilities.
At NRGI Broker, we help you secure insurance specifically tailored to your industry, digital exposure profile, and regulatory requirements, backed by insurers specializing in cyber risks.
Coverage and Benefits of Cyber Insurance
- Malware and Ransomware Protection: Coverage against malware attacks, ransomware, and viruses.
- Data Breach Protection: Safeguards against the theft, loss, or leakage of personal or sensitive data.
- Digital Third-Party Liability: Coverage for claims from clients, employees, or regulatory authorities.
- Business Interruption: Protection against loss of income due to system downtime or operational halts.
- System Recovery: Expenses for restoring and recovering systems, networks, and data.
- Legal and Forensic Costs: Coverage for legal fees, forensic investigations, and required notifications to affected parties.
- Crisis Management: Support for managing digital reputation and public relations during a crisis.
- 24/7 Technical Assistance: Immediate cyber-response and technical support available around the clock.
Why choose NRGI Broker for your insurance?
At NRGI Broker, we understand that digital risks are no longer a concern for the future—they are happening now. We offer a technical, real world solution to safeguard your operations.
Professional Suggestion:
Never pay a ransom without first contacting your insurer and activating the response protocol. Insurers typically collaborate with ransomware experts to negotiate or evaluate the necessity of payment.
Who is this insurance for?
- Data-Sensitive Organizations: Companies handling sensitive databases (clients, patients, employees).
- Professional Services: Accounting, legal, notary, or financial firms.
- Digital Industries: E-commerce platforms, fintech, digital marketing agencies, and web developers.
- SMEs: Small and medium enterprises utilizing electronic invoicing and cloud-based operations.
- Connected Infrastructure: Any business with infrastructure connected to the internet.
Basic Plan: This plan provides the essential foundations for digital protection:
- Coverage for malware, virus, or ransomware attacks.
- Data and digital infrastructure recovery.
- Third-party liability for data leaks or loss.
- Legal expenses and judicial defense.
- 24/7 technical support and cyber response.
Comprehensive Plan: This plan includes all the benefits of the Basic Plan, plus:
- Cyber Extortion: Coverage for ransom payments (ransomware).
- System Failure: Compensation for business interruption (loss of profits).
- Notification and Monitoring: Costs for notifying affected individuals and providing identity monitoring services.
Will a Cyber policy pay the ransom amounts requested for my information?
It depends on the specific policy. Many cybersecurity insurance plans can cover ransom payments (ransomware), but there are significant conditions, limits, and exclusions to consider.
Key facts regarding ransomware payments in a Cyber policy:
What is typically covered (subject to policy terms):
- Ransom payments, made in either cryptocurrency or local currency.
- Negotiation costs involving the attackers.
- Legal expenses related to the incident.
- Data and system recovery costs.
