Specialist cover against targeted cyber attacks from as little as £5 a month
Fast, easy online quote in just 90 seconds
Cyber response helpline included
No hidden fees or cancellation charges
Cover starting at just £5 a month
Frequently asked questions
Do I need cyber insurance?
If you store sensitive client data (such as their name, address, telephone number or payment details), rely on computers to carry out your work or operate a website, you should consider taking our cyber and data risks insurance to protect against data breaches, the costs of restoring your own data and equipment, and compensation payable to your clients.
What kind of claims does cyber insurance protect against?
Cyber insurance protects against a wide range of scenarios, including:
- A spreadsheet containing of all your clients' personal information (including payment details) is stolen by a hacker in a targeted attack. You are covered for the costs associated with informing your customers, your legal defence costs and any damages you are legally required to pay to other parties.
- In a targeted attack, a hacker threatens to encrypt the hard drive of the laptop you use for your business unless you pay them a ransom. You are covered for the cost of meeting the ransom demand.
- A targeted denial of service attack causes an outage on your website. You are covered for the cost of restoring or reinstating the data to get your website back online, as well as loss of net profit.
I already have anti-virus software installed - doesn't this protect me?
Although up-to-date anti-virus software can help to minimise the chances of a hacker gaining access to a system, it doesn't protect against the cost of putting things right in the aftermath of a cyber attack. The costs involved with informing clients about a data breach, restoring data following a targeted denial of service attack or paying ransom demands can be high. Cyber insurance covers against such scenarios, giving you the peace of mind that if a targeted cyber attack does occur, you'll be covered.
What limit of cover should I choose?
Many clients and industry bodies with regulatory requirements will require you to have a minimum level of cover in order for you to undertake a contract, so it's worth checking this before you arrange cover. If you're unsure, or it's the first time you have arranged cover, give some thought to a worst-case scenario and the likely costs involved in putting your mistake right. We offer a range of limits on insurance, so you're sure to find the right cover for your business.
Why should I choose Markel’s insurance?
Markel has over 25 years of experience insuring contractors, consultants and self-employed professionals. We insure over 200,000 micro businesses and are highly rated by our customers at Feefo.com.
We are a division of Markel International, a Lloyd’s and London market insurer that wrote gross premium totals of $1.2 billion in 2018.
To talk about your insurance requirements and better understand our cover, call us on 0800 640 6600 or get a quick quote online.
How are Markel regulated?
Markel is regulated by the Financial Conduct Authority and Prudential Regulation Authority – details of which you’ll find on the Financial Services Register.