Tysers Insurance Brokers | Cyber

Cyber Insurance

With a cyber incident now ranking as the greatest risk to any SME or midsized entity our clients are more likely than ever to exposed to a digital threat.

With expertise in placement of the smallest and some of the largest global accounts, Tysers recognize that every insured has their own unique requirements. With access to over 44 carriers and USD/GBP/EUR 400m+ of capacity in London we endeavour to ensure that our clients receive the support they need.

“Traditional” (non-physical) Cyber

Applicable to any entity storing data and operating a computer network the non-physical coverages available include:

  • Security and Privacy Liability
  • Multimedia and Intellectual Property Liability
  • Technology Errors & Omissions
  • Network/Business Interruption and Recovery
  • Breach Response Expenses
  • Privacy Regulatory Defense and Penalties
  • Bricking
  • Cyber Extortion/ Ransomware response and negotiation
  • Electronic Theft, Computer Fraud and Telecommunications Fraud
  • Social Engineering Fraud
  • Reputational harm mitigation costs and loss of earnings

Physical Damage / Silent Cyber

The cyber peril is an essential trigger to many insureds when considering their property and liability policies. However, recent appetite shift by established carriers has seen such cover removed / excluded where previously automatically granted. Working with specialist cyber carriers and providing bespoke products Tysers have the capability to provide (Re)Insurance products on both a standalone and/or writeback basis. Our multiline expertise ensures that product specialists from each line of cover work in conjunction to ensure that no gaps in cover prevail.

Programs and Facilities

Industry specialists deserve specialist cover. With two centuries of Lloyd’s expertise we are experts in unique program construction. Ranging from lawyers to healthcare professionals, we can design and support unique products on binder basis. Whether it be an association, bolt-on or white labelled product our experts will help you identify the best coverage and capacity available in London.