Network Security & Cyber Liability

Network Security & Cyber Liability

Network Security and Cyber Liability risk encompasses threats posed by vulnerabilities in organizations’ digital infrastructure, including unauthorized access, attacks, and breaches, leading to data theft or damage from malware, ransomware, phishing, and hacking attempts.
 
Cyber Liability deals with legal and financial responsibilities stemming from cyber incidents, such as data breaches exposing sensitive information, intellectual property theft, and privacy law violations. It covers liabilities to third parties, regulatory penalties, notification costs, and expenses for managing post-attack fallout, including public relations and legal defense.
 
Together, Network Security and Cyber Liability risk cover the entire range of cyber threats and their impacts, underscoring the necessity for strong cybersecurity measures and comprehensive insurance policies to mitigate these risks.

At PLATFORM, We Know Network Security & Cyber Risk

With Cyber Risk at an all time high, having a partner who sees ‘ahead of the curve’ is a must. Our cyber expertise includes the following:

Bespoke Coverage & Placement Strategies

Subject Matter Expertise

Risk Mapping Expertise

Program Design & Optimization Expertise

Risk Modelling Services

Education & Awareness Capabilities

Modern Challenges Require Cross-disciplinary Insight

We combine network protection expertise with cyber insurance experience to safeguard client data. As cyber risks evolve and underwriting standards increase, the PLATFORM team navigates these complexities to secure better coverage and lower risk. Our risk management expertise encompasses financial impacts, cyber infrastructure and policy design, helping fortify your security controls and improve best practices.

We excel in coverage and placement, negotiating from a position of strength to deliver top-tier terms and conditions to our risk-mature clients. In the event of a breach or claim, we provide hands-on advocacy, offering pre- and post-loss support and resolution consultation to ensure you are well-prepared with expert advice on proper breach response protocols.

Key Coverages to Protect Your Business

With the evolution of Cyber threats, risk mitigation will continue to be an ongoing challenge. The decisions an organization makes today will prove critical to its cyber resilience tomorrow.

Cyber Liability & Network Security Insurance

Cyber Extortion & Ransomware Insurance

Business Interruption (First-Party & Contingent Coverage)

Technology Errors & Omissions Insurance

The PLATFORM Approach to Excellence Starts Here

At PLATFORM, we seamlessly integrate market and placement excellence, analytics and benchmarking, risk quantification and program optimization, and claims advocacy and risk advisory to deliver a comprehensive service offering tailored to your needs.

Market & Placement Excellence

As strategic brokers, we use our industry knowledge and network to deliver tailored solutions. Our commitment to excellence ensures the best coverage at competitive rates and comprehensive risk management strategies.

Analytics & Benchmarking

We use analytics and benchmarking to empower our clients to make informed risk decisions. With data insights, we create tailored risk programs aligning with each organization’s risk tolerance, ensuring optimal coverage.

Risk Quantification & Program Optimization

We use risk quantification and optimization techniques for bespoke, optimized risk and insurance programs. By measuring risk and adjusting coverage, we deliver tailored solutions offering maximum protection and value.

Claims Advocacy & Risk Advisory

Our dedicated team ensures that clients receive the full benefit of their coverage during claims, while our expert risk advisors provide strategic insights to mitigate potential risks. This dual approach enhances protection and supports our clients’ long-term success.

Our Solutions