Cyber Liability Insurance
As Sint Maarten businesses increasingly rely on digital systems, cyber risks grow. Cyber liability insurance may help cover your business against the financial consequences of data breaches, cyberattacks, and the costs of recovery and notification.
What this can help protect
Coverage options may include the following, subject to policy terms and underwriting requirements. Not all cyber incidents are automatically covered.
Data Breach Response Costs
Coverage options may include the costs of responding to a data breach, including forensic investigation, notification, and credit monitoring, subject to policy terms.
Cyber Extortion & Ransomware
May help cover ransom payments and response costs arising from ransomware attacks or cyber extortion demands, subject to policy terms and carrier requirements.
Business Interruption from Cyber
Coverage options may include lost income and extra expenses arising from a cyber incident that disrupts your business operations, subject to policy terms.
Third-Party Liability
Some policies may cover liability to third parties arising from a data breach or cyber incident affecting your customers or partners, subject to policy limits.
Regulatory Fines & Penalties
Coverage options may include defence costs and fines arising from regulatory investigations following a data breach, subject to applicable law and policy terms.
Reputational Harm & PR Costs
Some policies may include coverage for public relations costs to manage reputational damage following a cyber incident, subject to policy definitions and terms.
Ready to protect your business from cyber risks?
Speak with a Compass advisor about cyber liability coverage options. Subject to policy terms and underwriting.
Related coverage options
Professional Indemnity Insurance
Coverage options for professional errors and omissions claims.
Learn MoreDirectors Liability Insurance
Coverage options for directors and officers against personal liability.
Learn MoreBusiness Interruption Insurance
Coverage options for lost income when your business cannot operate.
Learn MoreCoverage availability, limits, exclusions, deductibles, and premiums depend on the carrier, policy wording, and underwriting requirements.