Cyber & Technology

The rapid increase of threats driven by technological advances present emerging risks to every business. We are a reliable partner to help manage your risk and protect your assets.

Cyber risk

Cyber incidents are one of the fastest growing types of threat to businesses with billions of attempts made every year by hackers. Businesses of all sizes are targeted by cyber criminals who seek financial gain through the theft of sensitive information and data.

At HWS Specialty, we offer bespoke solutions facilitated by Lloyd’s of London markets. Our experienced team provide robust cover tailored to each organisation’s needs, ensuring rapid response and round the clock support in the event of a cyber incident

Insurance Cover for Cyber Risks

A range of first and third-party cyber coverages such as:

• Losses from a data breach
• Support in complying with data protection legislation and notification obligations following a data breach.
• Losses from cyber extortion
• Access to specialist ransom and extortion advisors.
• Business interruption from breaches or system failures including to third parties.
• 24/7 access to IT data breach/legal experts and public relations advisers.
• Defence and penalties resulting from regulatory issues.
• Access to AI driven risk management tools.

Tech cover

We also cover a number of long tail exposures that range from the responsibility of holding client data to providing professional advice, including:

• Protecting yourself against legal costs and damages arising from claims for alleged errors, omissions or negligence from products or services provided. Technology E&O is important for firms directly or indirectly using technology to deliver to clients.
• We provide solutions to combat any mistakes and oversights, contractual breaches and other lawsuits.
• Additionally, we can help to protect the intangible assets that make your business unique by providing you with tools to defend or pursue a claim involving your trademarks, copyrights, trademarks, designs, patents and trade secrets.
• Beyond this we can also provide Multimedia Liability for allegations made against you and your content, extending to broad contractual liability cover for exposure emanating from unintentional breaches.

Types of Clients

We understand the diverse nature of cyber and technology risks and can provide solutions designed to meet the specific needs of a wide range of businesses.