Computer

Cyber security has become a key risk to businesses of all sizes, with cyber attacks having become headline news

Today, virtually all businesses collect and store personal information about customers, employees and others. The frequency of data breaches – the theft, loss or mistaken release of private information, is on the rise. But data breaches aren’t just a big business problem; small and medium-sized businesses with fewer data security resources are particularly vulnerable.

Whilst data losses for small to medium-sized businesses may not make the headlines, the potential financial cost and reputational impact of a cyber incident can be crippling. Firms such as accountants and lawyers might be perceived to hold more sensitive data, but all businesses could be at risk from a cyber attack or data breach by hackers, viruses or errant employees.

In response to the growing demand for cyber insurance, NMU has added a computer, data and cyber policy to its suite of products. Specifically designed for small to medium-sized businesses, Computer Insurance offers broad coverage for cyber risks. Hardware (including portables) and data corruption cover provides protection for assets, whilst data breach expense, cyber crime, cyber liability and cyber event – loss of business income cover responds to cyber risks.

Policy benefits include:

  • Cover for hardware and data corruption
  • Cover for the costs of dealing with data breaches and cyber liability claims
  • Cover for loss of business income from a cyber event
  • Cover that helps businesses deal with the impact of cyber crime
  • Access to expert advice and support e.g. IT, legal, forensic and media relations when an incident occurs
  • Full claims support following an incident

For more information on Computer Insurance contact your local NMU Development Underwriter

Related Downloads

Computer Product Overview
Computer Proposal Form
Computer IPID

18/02/20

News: NMU bolster Sales and Development team in the Manchester region

NMU are pleased to announce the appointment of Matt Shaw, as Development Underwriter. Matt, has been in... read more

17/02/20

News: War & Strikes Updates | 17th February 2020

Our War and Strikes risk update for 17th February is now online and can be found by... read more

30/01/20

News: The cyber security threats SMEs need to be aware of in 2020

The start of a new decade is always time for reflection of failures and successes, of things... read more