Looking for a quote for cyber & data risks? Make sure your business is protected against cyber crime.
Watkin Davies provides bespoke cyber risk and cyber liability insurance across a variety of sectors. Our team of experts work with you to find the right multi-dimensional cyber risk solution against data breach and cyber-crime attacks, as well as providing valuable risk management advice and support.
We source compatible solutions from a number of market leading insurers, taking into consideration the risk features of each individual organisation we work with to ensure that we deliver cost effective solutions for our clients
Cyber risk is now widely accepted as being one of the top emerging risks. As the pace of technological advancements continues to grow, organisations’ reliance on computer networks and the information they hold and process has become critical in their ability to offer products and services, interact with customers and employees and generate revenue.
Cyber and data insurance is designed to support and protect you from evolving e-risks. It provides comprehensive cover for your computer systems and data, whether electronic or otherwise. Even if you store data with a cloud provider, you should carefully consider the legal contract you enter into, as whilst the risk of a data breach is reduced, the liability may still fall on you.
A Cyber policy is designed to cover you against stolen funds or theft of ID, loss or theft of data and damage to IT systems and networks, as well as replacing any stolen or infected devices. In addition to this, in the event of a breach, there may be further costs involved in notifying those affected, providing Credit Monitoring, dealing with regulatory bodies, and in some cases paying compensation, as well as re-building brand confidence through public relations advice and campaigns.
Cover | Summary |
---|---|
Breach Costs | Data breach - forensic investigation and legal advice, customer notifications and support |
Cyber Business Interruption | Compensation for loss of income as a result of a hacker preventing your business earning revenue |
Hacker Damage | Repair and restoration of websites and programs damaged by a hacker |
Cyber Extortion | Ransom cover and expert consultancy on managing and mitigating an attack |
Crisis Containment | Mitigating reputational damage from a data breach using specialist public relations management |
Privacy Protection | Defend and settle claims made by customers alleging personal data breaches, regulatory investigation costs and civil penalties |
Multimedia Liability | Coverage for third party claims arising from copyright/trademark infringement, libel, slander, plagiarism or personal injury |
Payment Card Data Security Standards | If cardholder data is stolen, your business may be responsible for tremendous damages that might occur. Credit card data that has been breached can lead to fraudulent purchases and extensive card re-issuance expenses, all which can fall on your business |
Optional cover available for:
Cyber crime | This section provides cover against any unauthorised electronic funds transfer, theft of money or other financial assets from your bank by electronic means, including fraudulent manipulation of electronic documentation whilst stored on your computer systems; or any phishing, vishing or other social engineering attacks |
Telephone hacking | Costs of telephone calls made by an external hacker following a breach of your computer network |
This is only a summary of the policy cover. It is important that you read the full policy terms and conditions which will be provided with your quotation.
Try us out and see how we can help make finding the right insurance cover that little bit easier for you.
"Very efficient, always friendly and helpful. I have used Watkin Davies for years, and they have always been competitive. I received great support recently when I had to make a claim, so I'd highly recommend them."
"I was very impressed with the quality of the service - it was outstanding. The advisor, Ms Spear went above and beyond to give me the best driving insurance policy. The policy I have received is exactly what I was looking for. Thank you so much Ms Spear!"
"I've used Instructorcover Plus for my driving instructor insurance for a number of years. Not only are prices competitive, even at renewal, but customer service is fantastic. Call operators are always cheerful and incredibly helpful. Everything is always sorted in a single call, saving valuable time. Highly recommend."
"Absolutely superb service from the team, particularly Natalie. Very easy and simple process"
"As aways very efficient"
"I have used InstructorcoverPlus for my driving tuition insurance for a number of years. Their prices are always competitive and everyone I speak to is friendly and helpful."
"Ceri was very helpful and knowledgeable on the phone"
"Karrie Brewer was so helpful today, especially as one insurance company would not quote, so had to shop around for us, many thanks"
"Kelly is amazing. Very helpful and friendly, did a great job today with helping me out to get insured. Amazing service!"
"Great service. Got my first driving instructor insurance with this firm. Price was competitive and customer service provided by Jane was great. I will definitely recommend the service."
"Team were very helpful when it came time to renew my policy, taking the time to check and make any amendments needed. Would highly recommend."
"5 stars!"
"Excellent service from Watkin Davies as per usual. I love the way they do all the hard work researching best quotes and provide you with your options. All the staff are very friendly and professional, I have to highlight Ceri who always does a fantastic job for me and my family."
"Really helpful and efficient customer service, friendly and knowledgeable too. I would highly recommend InstructorcoverPlus."
"I m a returning customer and what a wonderful experience. Emma is new to her role but she was very helpful and polite throughout. She got the quote done very quickly and managed to beat all my other quotations. I therefore didn't have to waste any more time. Further she offered me three instalments at 0% which is helpful in this current economic climate. The paperwork was sent straight away. Highly recommended."
"Once again, could not have been more helpful! Still a pleasure to speak to a 'real person' who knew what they were talking about!"
Looking for a quote for agricultural insurance? We're here to help you with all your agricultural and rural insurance needs.
Looking for a quote for charity or non-profit insurance? Giving charities access to specialist support and insurance coverage.
Looking for a quote for credit insurance? Make sure your business is protected if a customer fails to pay.
Looking for a quote for equine insurance? Insurance solutions to help keep your equine business stable.
Looking for a quote for life sciences insurance? Bespoke insurance solutions for the life sciences sector.
Looking for a quote for marine trades insurance? Make sure your business is protected with a wide range of marine solutions available.
Looking for a quote for specialist professional indemnity? We offer bespoke insurance for NPORS - National Plant Operators Registration Scheme.
Looking for a quote for professional services insurance? Extra reassurance for those who provide specialist professional services, from Watkin Davies Insurance Consultants.
"Very efficient, always friendly and helpful. I have used Watkin Davies for years, and they have always been competitive. I received great support recently when I had to make a claim, so I'd highly recommend them."
"I was very impressed with the quality of the service - it was outstanding. The advisor, Ms Spear went above and beyond to give me the best driving insurance policy. The policy I have received is exactly what I was looking for. Thank you so much Ms Spear!"
"I've used Instructorcover Plus for my driving instructor insurance for a number of years. Not only are prices competitive, even at renewal, but customer service is fantastic. Call operators are always cheerful and incredibly helpful. Everything is always sorted in a single call, saving valuable time. Highly recommend."
"Absolutely superb service from the team, particularly Natalie. Very easy and simple process"
"As aways very efficient"
"I have used InstructorcoverPlus for my driving tuition insurance for a number of years. Their prices are always competitive and everyone I speak to is friendly and helpful."
"Ceri was very helpful and knowledgeable on the phone"
"Karrie Brewer was so helpful today, especially as one insurance company would not quote, so had to shop around for us, many thanks"
"Kelly is amazing. Very helpful and friendly, did a great job today with helping me out to get insured. Amazing service!"
"Great service. Got my first driving instructor insurance with this firm. Price was competitive and customer service provided by Jane was great. I will definitely recommend the service."
"Team were very helpful when it came time to renew my policy, taking the time to check and make any amendments needed. Would highly recommend."
"5 stars!"
"Excellent service from Watkin Davies as per usual. I love the way they do all the hard work researching best quotes and provide you with your options. All the staff are very friendly and professional, I have to highlight Ceri who always does a fantastic job for me and my family."
"Really helpful and efficient customer service, friendly and knowledgeable too. I would highly recommend InstructorcoverPlus."
"I m a returning customer and what a wonderful experience. Emma is new to her role but she was very helpful and polite throughout. She got the quote done very quickly and managed to beat all my other quotations. I therefore didn't have to waste any more time. Further she offered me three instalments at 0% which is helpful in this current economic climate. The paperwork was sent straight away. Highly recommended."
"Once again, could not have been more helpful! Still a pleasure to speak to a 'real person' who knew what they were talking about!"