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Business insurance

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CyberSAFE

Does your business rely on computers, online marketing or other technology-based services to operate? 

CyberSAFE covers you for business losses as well as your liability to others, as a result of cyber extortion or a breach in your network security.

CyberSAFE covers expenses like data and recovery costs, fines and penalties,  public relations and crisis management costs.

The policy is exclusive to Crombie Lockwood and underwritten by Lloyd’s of London.

What CyberSAFE covers

Cyber insurance policies help your business recover from a cyber event such as a virus introduced through an email attachment, a hacker penetrating your security with ransomware or malware, a denial of service attack, a disgruntled employee acting maliciously, administrative errors, or a loss of data and breaches of privacy. A policy can also cover issues from third party service providers such as payroll processors, data back-up and cloud-based facilities.

Cyber insurance will respond to:

  • Loss of business income
  • Costs to restore the network
  • Costs to replicate/replace lost data
  • Liability for third-party damages and associated legal fees
  • Regulatory fines and penalties
  • Public relations costs
  • Costs to notify affected individuals and identity theft monitoring costs
  • Forensics costs
  • Payment of ransom demands resulting from a network security breach

One key benefit of CyberSAFE is 24/7 access to expert professionals to help you restore your network and minimise your exposure to loss and liability. Cyber insurance response panels include lawyers, forensic experts, IT consultants, public relations firms, loss adjusters and other industry experts.

Other cyber insurance solutions 

We have access to cyber insurance solutions for all sizes of New Zealand business. 
For complex businesses with special requirements, bespoke cyber insurance solutions can be arranged. 

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Anyone's a target

Cyber-attacks happen to businesses of any size, in every industry. Our cyber insurance brokers help businesses identify and assess cyber risks, and provide advice on the most suitable cyber protection.

Get your cyber insurance sorted.

Contact a broker