Cyber-crimes and corporate fraud have exploded over the last decade with many organisations looking for the right insurance instruments to mitigate business risks. This has led to the creation of new insurance products and clients.
Our Cyber Insurance Services allow insurers to provide these services quickly and easily. Insurers need IT partners with the foresight and capabilities to anticipate cyber-attacks and take decisive action when they do occur, allowing risks to be managed, reducing claims and increasing product-line margins.
There are two fundamental problems that must be solved before an insurer can establish routine forms for either first-party or third-party cyber insurance.
- The valuation of information for purposes of coverage
- The development of an objective, measurable risk assessment
Cyber Insurance Services
We offer an end-to-end capability, helping insurers assess and minimise risk, a help-desk for First Notice of Loss and dealing with any Forensic Investigation and analysis following an event.
CGI offers a range of Cyber Insurance Services. These services can be tailored to meet individual requirements and include:
- Risk Profile Application
- Help Desk Services
- Forensic Investigation and Analysis
- Breach Reporting
- Regular Security Audits
- Monitoring Services
- Claims Settlement Advice
Our Approach - Looking after your customers
Our approach focuses on providing your customers with excellent service, keeping your Cyber Insurance revenues coming in whilst minimising claims. Our services will ensure your customers’ businesses develop and grow securely in the digital age. Their sensitive data, whether it relates to citizens, customers or IP will be secure. They will understand the possible risk to their business (impact on profit, brand reputation) and how to manage it. If an attack happens, they will be confident that it can be confined and resolved as quickly as possible.