Cyber Risk Insurance

Coverage Summary

Cyber Risks is a broad categorisation of different policies which cover companies exposures associated with transfer, and storage of electronic data.
Cyber Risks policies are generally more comprehensive than Internet Liability covers which limits cover to exposures from web-based activities only.


Different insurers provide different coverages under their policies, however most include cover for both first party losses (losses directly incurred by the insured) and third party liabilities under the following operative sections under their policy:

  • Multimedia Liability
  • Security and Privacy Liability
  • Privacy Regulatory Defence and Penalties
  • Non-Physical Business Interruption
  • Cyber Extortion and Terrorism
Additional Benefits

In addition to the standard coverages, policies can also include the following additional covers and benefits:

  • Data Administrative Investigations and Fines
  • Public Relations Costs
  • Monitoring and Notification Costs
  • IT Forensic Investigation Services
Obtaining a Quotation

To obtain a quotation, insurers will require a completed proposal form which will require you to provide details regarding your IT systems, risk management strategies in relation to IT exposures, and details about any third party IT suppliers and auditors.
For more information please contact ARMS Risk Management.

Our Products

All policies are subject to policy terms, conditions and exclusions contained in the policy wording and agreed with the insurer. The information provided in the following pages are a general description of the cover only. For more information about any of the insurances on our website please contact ARMS Risk Management.