Cyber-attacks and online computer related incidents are on the rise.
BBi can tailor a policy to your specific needs from the select panel of A rated insurers available to us, offering bespoke and comprehensive policies.
Whether it is theft of funds cover, theft of data or damage to digital assets we can arrange the right cover to ensure you peace of mind for your business.
We use a specialised panel of A rated insurers, so you can trust that your cover will be placed with a secure and stable market.
Our experience in the market means that we can tailor a policy wording to meet your requirements rather than relying on an “off the shelf” product.
We understand the challenges SME’s face and are perfectly placed to understand the broad range of risks in your business.
This is straight forward theft of money from a company’s bank account. As nearly all businesses can now move its money electronically & remotely, criminals no longer need to target physical banks – they target online accounts. If a business has somehow been negligent in allowing this to happen, the bank will not reimburse.
Data is valuable; if something has value, it is worth stealing. Seemingly innocuous information such as names & addresses stored on a computer network can be worth a lot more money than you think. With the penalties available now as a result of the introduction of new GDPR legislation, is your business protected?
Businesses have a high dependency on technology and criminals know it. By damaging or threatening to damage a firm’s digital assets, attackers can extort money from victims who'd prefer to pay a ransom rather than see their business on hold. Even after paying, the victim is often left with systems that are unusable & costly to fix.
It is a growing concern that many small & medium size businesses feel that cyber insurance is not applicable to them.
The 2017 ISME report included experienced computer related crime, excluding 'Spam' or Phishing' emails (30% of firms affected), virus infections (62% - up from 42%) and theft of company data (5%).
It is worrying that 20% of businesses surveyed do not change their password settings; this is a very simple preventative measure any business can take.
At BBi we work with you to identify and understand what risks your business may be susceptible to; this helps us tailor a policy to your specific needs, based on the industry you are involved with.
As Chartered Insurance Brokers, BBi have the industry knowledge, insurance experience and ease of access to new & exciting markets.
You get a dedicated Account Manager, responsible for the management of your cover, giving you one point of contact for all your insurance requirements.
Unlike other providers, BBi employ a dedicated in-house claims team to manage all claims from notifications to settlement ensuring we look after your interests.
Independent & impartial long standing relationships. With extensive, up to date knowledge of the latest legislation and Health & Safety issues faced by your sector.
With our exclusive cover facility, where flexible payment methods are available, you can be sure the policy you receive is tailored for you.
Obtain coverage for the Liability of business, individual vehicle or motor fleet, personal accident, household cover and other exposures you or the business faces.
Cover for financial loss following design or amendments to existing plans. It is becoming common practice that contractors now carry this cover as standard. BBi can advise and arrange sector specific cover for you.
D&O liability insurance protects the personal assets of corporate directors & officers, and spouses, if they are personally sued by a multitude of parties, for actual or alleged wrongful acts in managing a company.
