ISO Certification and Standards by ISO Quality Services
New Partnership Announced
New Partnership between ISO Quality Services Limited and Sutcliffe & Co Insurance Consultants
We would like to announce and inform you of a new Partnership between ISO Quality Services Limited and Sutcliffe & Co Insurance Consultants.
Sutcliffe & Co are based in Worcester and specialise in arranging Insurance for business owners and private clients across the UK.
The company have recently started offering Cyber Liability Insurance, which is designed to cover modern day risks associated with electronic data, communications and information. Most businesses are reliant on computers, software and electronic devices for processing and transmitting data. Although this makes the day to day running of the business more efficient, it also makes you vulnerable to data breaches, distortion or loss, libel or slander, copyright, viruses, hacking, etc. The source of the problem does not have to be external hackers or viruses; it could be your own staff accidentally losing or deliberately stealing data or equipment.
Cyber Liability Insurance can cover:
Loss, damage or corruption of own data and third party data
Business interruption / Lost income
Legal defence costs and financial penalties by regulators
Reputational & public relations costs
Notification costs and credit monitoring
With businesses reliant on data and vulnerable to accidental or malicious losses Cyber liability insurance should be an essential part of their risk management. Is it part of your risk management plan?
Historically Cyber Insurance has been seen for just the ‘bigger’ companies; however with premiums from just £400, Cyber Liability Insurance is now affordable for SME’s.
Underwritten by AIG Insurance, companies who currently run to an ISO 27001 Information Security Management System will obtain a reduction.
For further advice on Cyber Liability Insurance contact and to get in touch with Sutcliffe & Co, contact Jennifer Appleton at ISO Quality Services Ltd in the first instance – 01905 670303.