Cyber

At Price Forbes, we offer a technical product and client service led approach.

The Technology, Cyber and Media Liability team has the in-depth technical knowledge and global marketing skills to provide tailored solutions to all client types.

We understand that individual insureds and the sectors they operate in pose a set of unique exposures.

Our approach is designed to cater for, not only a variety of industry sectors, but also SME firms to large corporate entities.

Expertise

• Professional diversity; in-team solicitor and underwriter experience complements extensive broking experience to deliver best client outcomes.
• 40+ years of technical cyber placement experience.
• Experience of navigating hard market cycles.
• Direct engagement with client boards as to renewal options and recommendations.
• In-team claims specialists who form part of the client service team.

Approach

• A technical product and client service led approach.
• Full service offering and service team continuity from first introduction, throughout placement and ongoing servicing and claims.
• Differentiating clients from others in their sector, building a positive risk profile to help increase insurer appetite.
• Structured and strategic engagement with markets to ensure an optimised insurance programme aligned with clients’ risk appetite and objectives.
• Consultative approach to cyber risk management, leveraging strategic partnerships to offer value added services, improving risk profile.

Coverages Available

• Privacy and security failure breach response
• Information security and privacy liability
• Network extortion
• PCI fines and penalties
• Network interruption and recovery
• Failure to supply
• Outsourced service provider coverage
• E-theft and computer crime
• Social engineering coverage
• Forensic costs
• Reputational damage mitigation
• Data restoration
• Technology errors and omissions
• Media, content and production liability
• Full system failure

Markets

With access to over 45 carriers, our team is positioned to ensure that we are able to find the best possible solutions for our clients.