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Overview

Preventing the domino effect

Data leaks and data losses can lead to regulatory fines and PR nightmares, while attacks could lead to shut-down servers and loss of both confidence and profits. AIG understands this and provides a package of protection that includes insurance and specialist advice.

24/7 response

Our CyberEdge Breach Response Team will access information assurance experts as well as a leading law firm to offer consultancy that can respond in a crisis and help our clients take the best course of action.

Fines and investigations cover

This includes data administrative investigations and fines from data protection regulators that are insurable at law.

Protecting reputations

Cyber incident response services include PR repair of company and individual reputations, breach coaching and any breach of information notification and monitoring costs.

Electronic data cover

This includes data restoration, recollection and recreation following a security breach or data leak.

Designed especially around the risk

CyberEdge is designed to respond to a variety of cyber risk exposures not covered under conventional casualty insurances.

Watch the video to learn more about AIG Cyber Insurance.

Watch the video to know more about Cyber Security breaches.

Who is it for?

Today almost every business is depending on their critical data. CyberEdge is suitable for consideration by most organizations, apart from Financial Institutions.

What is covered?

Data Liability

Covers the financial consequences of losing or misappropriating customer or employee data.

Crisis Management and Breach Coaching

Provides access to a cyber-incident response team from industry specialists and covers the PR costs of reducing the damage it could cause to your reputation. Includes forensic services following a data breach; assistance to repair company and individual reputations; breach coaching and associated notification costs.

Administrative Obligations

Covers the potentially significant costs and expenses of a data protection regulator’s investigation and fines following data security breaches.

Electronic Data

Covering the costs of restoring, recollecting or recreating data after a leak or breach

Product Details

CyberEdge

  • For small to multinational companies in all industries with a minimum revenue/ turnover/ fee income of at least US$100,000 per annum.
  • For more information, please refer to our CyberEdge Product Profile.

The specific terms, conditions and exclusions applicable to this insurance are as set out in the policy.

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