With the constant threat of cyber attacks, such as security breaches, network suspensions, and ransom attacks, it is more important than ever to have a comprehensive cyber insurance program in place to protect your business. Our extensive experience working with IT vendors and Itochu group entities has equipped us with the knowledge and expertise necessary to offer the most effective and comprehensive coverage to safeguard your business against these ever-increasing threats.
In today’s technology-driven world, the reality is that nearly every business has cyber risk exposure. With ransomware attacks and cyber crime consistently on the rise, the likelihood of a data breach or cyber event (even for small businesses) is higher than ever. While the data breaches, ransomware events, and cyber crime incidents we hear about in the news often center around large corporations, small-to-mid-sized businesses are the more common targets. Hackers tend to focus less on target companies and more on specific vulnerabilities that have a higher success rate.
We pride ourselves on the level and quality of service we provide our clients. From fast response times to bespoke insurance solutions, we ensure that we deliver high quality personalised service. We treat each client as an individual with their own set of needs and requirements. Listening, understanding and being attentive ensure that those needs are met.
The cyber perils that we handle are:
While you may approach insurers on your own, you are better off when a specialist like Cosmos Risk Solutions is involved. For example, not every insurer who offers cyber insurance can handle all the risks your company faces or provide adequate coverage. In these cases, an insurance broker like Cosmos Risk Solutions can often step in to find specialized lines of coverage to meet the specific needs of each client.
From the beginning, we will know the best markets for a specific risk. Such knowledge is especially helpful because you might not have access to the right market or lack certain connections. With no insight, you often don’t know what to ask for or how to get the best deal.
On the other hand, Cosmos Risk Solutions will have relationships with a wide range of vendors in the space to help with risk management services. Don’t shortchange by only approaching traditional markets; use a cyber specialist like Cosmos Risk Solutions. When you work with us, you can expect a range of benefits, including: