NEW – Cyber Risks Cover now available to protect your SME clients
Dear Supporting Broker,
I am pleased to advise that our Cyber Risks Cover scheme is now available.
You will no doubt be aware of the escalation of cyber crime in the past 12 months, with stories in the press almost every week. In particular, SME’s are being targeted by ransomware attacks, extortion and data theft. Cyber-related risk losses are becoming a bigger threat than those covered by traditional Commercial Package insurance policies.
Cyber Risks Cover is underwritten by industry specialists, Markel International and provides your SME clients with a complete insurance package that’s easy to arrange and cost-effective.
The policy includes ReSecure (provided by RPC), a 24/7 disaster recovery service and access to a combined team offering data breach management, technical forensic investigation, legal advice, notification, web and credit monitoring, and public relations services.
Cyber Risks Cover – Key Features
• First Party Cover
• Third Party Liability
• 24/7 Emergency Response Services
• Simple quote process
• Premiums from £150 + IPT
• Policy Excess from £500
• Commission of 17.5%
For more information:
PDFs are also available online here
We cover over 500 trades and occupations as standard and we are happy to discuss others on a referral basis.
Examples of quotes include –
Veterinary Surgeon (£250K Turnover) £150 + IPT
Accountant (£250K Turnover) £350 + IPT
Motor Trader (£500K Turnover) £525 + IPT
Double Glazing Manufacturer (£2M Turnover) £1,125 + IPT
Obtaining a quote is as easy as 1-2-3
1. Go to the Cyber Risks Cover page on www.pjhayman.com and click ‘APPLY ONLINE’
2. Complete the Application with your client’s details and verify the nine point declaration
3. Select a Limit of Indemnity and click to submit a quote request
A quotation will be prepared and returned to you, usually within 24 hours.
In the coming months, Cyber Risks Cover will be available on the P J Hayman ‘B2B’ system and will enable you to quote and buy online with fulfilment of policy documents.
We are keen to provide you with some initial quotes and I would appreciate if you could submit any suitable enquiries to us via www.pjhayman.com as described above. Alternatively, please call the Broker Development Team on 02392 419 050.
We look forward to providing you with quotes and arranging cover to protect your SME clients.