How it works: Companies that pass government-backed Cyber Essentials certification on the CyberSmart website can subscribe almost instantly to Superscript-developed cyber insurance without leaving the website – essentially embedding coverage through real-time technology integration between them. … partners.
“The partnership is a defining moment in insurance,” Newby said. “As technological opportunities improve, driven by insurance technologies such as Superscript, we will begin to see a lot more built-in insurances like this one; It is now easier than ever for companies to provide comprehensive coverage without the hassle. ”
Policy features for CyberSmart customers include a coverage cap of up to £ 25,000, 24/7 Violation Response Services, website recovery services, and cyberspace-related property violations coverage of supply chain disruptions to the payment card industry. the costs and expenses of restoring or restoring access to data.
Additional coverage for ransomware and cybercrime costs is also available.
“Keeping security and insurance companies working together is an important aspect of providing comprehensive protection for the small and medium-sized businesses they so desperately need,” said CyberSmart co-founder and CEO Jamie Aktar. “A small business in the UK is hacked every 19 seconds, which in many cases has dire consequences in terms of both security and insurance.
“By continuing to build cross-industry partnerships like this, CyberSmart and Superscript ensure that businesses have access to the information and expertise they need to stay secure and ready to deal with the consequences of a breach.”