Cyber Insurance

Protos Cover

Cyber Insurance by Cyber Experts Safeguard your business financially from cyber risks with Protos Cover’s comprehensive coverage backed by cyber risk analytics and risk advisory.

Why Choose Protos Cover Cyber Insurance

First Party Coverage

Our first party coverage ensures that your business is protected from the direct consequences of cyber-attacks.

Cyber Expenses
Covers IT forensic investigation costs, privacy response costs, and data restoration costs.
Business Interruption
Indemnifies you for business interruption loss due to the inability to use your data assets or impaired availability of your computer systems.
Extortion Loss
Reimburses you for losses incurred due to cyber extortion threats.
Regulatory Penalties
Covers penalties and related costs arising from regulatory actions due to breaches of privacy.

Third Party Coverage

Our third-party coverage provides robust protection against legal liabilities arising from cyber incidents.

Cyber Liability
Covers damages and related claims costs that you are legally obliged to pay due to cyber-attacks affecting third parties.
Transmission of Malicious Code
Protects you against claims resulting from the transmission of malicious code from your systems to third parties.
Unauthorised Data Access
Covers claims related to unauthorized destruction, corruption, or encryption of third-party data assets stored on your systems.
Denial of Service Attacks
Protects you from claims due to unauthorized use of your systems to participate in denial-of-service attacks against third parties.

Value-Added Services

Protos Labs offers a comprehensive suite of services provided by cyber experts to mitigate cyber risks and safeguard your operations.

Assessment
A thorough assessment of your current cybersecurity posture using our proprietary Nexus cyber risk analytics platform to uncover vulnerabilities and create a tailored plan based on your specific requirements and goals.
Consultancy
Our cyber experts provide guidance and support to help you strengthen your cybersecurity defenses by training your employees, developing tailored security policies and recommending suitable cybersecurity solutions.
Insurance and Incident Guidance
We offer expert advice on cyber insurance to guide you through the application process with transparency on coverage and policy terms and expert advice on post-incident response after a cyber incident.

General Policy Conditions and Clauses

Protos Labs offers a comprehensive suite of services provided by cyber experts to mitigate cyber risks and safeguard your operations.

Policy Period and Termination
The policy is effective for the period specified in the schedule and can be terminated under certain conditions, including a change in control of the insured entity.
Change of Control
If there is a change in ownership or control of your business, the policy will only cover events that occurred before the change, unless otherwise agreed upon.
Choice of Law and Jurisdiction
This policy is governed by the laws specified in the schedule, with disputes subject to the exclusive jurisdiction of the designated courts.
Media Liability
Coverage for damages and claims costs resulting from content-related injuries, such as defamation or copyright infringement, first published after the retroactive date on your website.
Payment Card Industry (PCI) Coverage
Protection against fines and assessments related to non-compliance with PCI Data Security Standards following a payment card breach.
Cyber Crime Coverage
Indemnification for direct financial losses resulting from fraudulent or criminal activities involving your computer systems or data assets.

FAQs

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Let us show you how Clarity, Control and Coverage is more effective at protecting your business from cyber incidents. Let's talk.