Cyber insurance is a type of insurance coverage designed to protect businesses from the financial losses and liabilities associated with cyber-related incidents that could affect them. We can offer you coverage for
This insuring clause will cover the costs of the Insured for the initial impact of a data breach or network security breach. Examples of services covered include:
Covers the cost of investigations, defence and damages from liability losses sustained from claims made against the Insured by various parties. These will arise out of privacy breaches (loss of personal data) or network security events/security failure.
Covers the cost to defend claims by regulators, as well as fines and penalties; including the cost to defend and settle due to non-compliance (where allowed). Fines can be levied by various governmental agencies at national or state level, with insurability varying by jurisdiction.
Covers costs incurred from assessments, fines or penalties imposed by banks or credit card companies due to non-compliance of the payment card industry data security standard (PCI DSS). This is the result of a breach of payment card data from the Insured.
Covers loss of income and extra expense incurred by the Insured to avoid or minimise the shutdown of business after a computer or network outage; triggered by a security breach. Coverage provided excess of an hourly waiting period and monetary retention.
Covers cost to restore Insured’s loss or damage to digital assets such as data or software. These can be triggered by a range of events, including exfiltration of data, ransomware or employee error. Cover is not extended to improve the quality of data or software in the new version, as this would be ‘betterment’.
Covers costs incurred by the insured to pay a ransom-demand to recover access to their computer system, and costs of any external experts to help with the negotiation process. Triggered by a ‘security breach’ involving deployment of malicious code
Covers electronic theft or the transfer of funds from the Insured of their own money or property. Cause of loss can be diverse, including social engineering, funds transfer fraud, CEO phishing
Covers the cost of investigations, defence and damages arising from defamation, breach of privacy or negligence in any form of media publication for the Insured’s dissemination of multimedia content
We've created our policies with careful consideration of the distinct requirements and obstacles faced by SMEs.
Starting with immediate response to an incident, all the way to restoring normalcy post-event, we encompass every facet of cyber incidents.
Around the clock, our group of cyber specialists stands ready to lead you through any cyber mishap.
DIG provides a comprehensive array of solutions, meticulously designed to cater to the diverse needs of our valued clientele, offering three distinct tiers of coverage, each thoughtfully structured to align seamlessly with varying budgetary considerations.
Our objective is to promote the idea that cyber insurance is just as straightforward and vital as conventional insurance. For instance, something as basic as keeping antivirus software updated should be viewed in the same light as maintaining fire alarms and extinguishing systems for a property. Our user-friendly questionnaire is designed to provide a glimpse into the fundamental cybersecurity measures our clients should have in place. Through this initiative, we aim to contribute to the improvement of Qatar's national cybersecurity infrastructure.
