Tag Archives: Cyber Insurance

O2 or NO2?

Following last week’s downtime from O2 of 24 hours, which to most of us felt like a lifetime, it has given us a prompt to remind our clients of how important Cyber Insurance can be, in particular for mobile phones. It is scary to think how much we rely on our smart phones for lots […]

With the advent of GDPR should you be considering Cyber Insurance?

The short answer is yes! At ProAktive we consider that every business, irrespective of its size, should consider Cyber Insurance. As organisations have become more reliant on IT we have seen more & more companies buying cyber cover. On 25th May 2018 this became crucial when the General Data Protection Regulations became effective, meaning that […]

Cyber Crime: a common phrase, often misunderstood and mis-sold.

I hear this term everywhere these days and I have to say, as an insurance broker, it concerns me a great deal. It falls into that catch-all category of insurance terminology, like “All Risks” and “Legal Expenses”, which without very careful explanation can over-promise and under-perform. It is important to understand that when you consider covering […]

Do I need Cyber or Crime cover if I have Professional Indemnity Insurance?

This is something I’m hearing quite a lot at the moment as clients struggle to understand the overlapping elements of these various covers. There are rafts of businesses out there including Solicitors, Accountants, Surveyors, consultancy businesses and High Tech or Digital Businesses, who have a requirement to insure the outcome of their advice or service […]