Stephen Sawrey BA(Hons) FCII’s Post

Aviva's research found that one in five UK businesses experienced a cyber-attack in the past year, but only 17% of small businesses have cyber insurance. The survey of over 1,200 businesses shows they are 67% more likely to face a cyber incident than a physical theft. 💰 Alarmingly, only 36% of businesses surveyed have any form of cyber coverage, with mid-sized businesses leading at 51%, followed by large corporates at 45%. The findings highlight a significant gap in cyber insurance adoption among businesses. . . #CyberInsuranceUK #CyberInsurance #CyberCover #InsuranceClaim #DataProtection

Did you know that cyber crime cost U.S. companies $3.5 billion in 2019? Small businesses are targeted in 43% of these attacks*. As an independent worker, protect your business with cyber insurance. Let Woligo be your trusted partner for coverage and help give peace of mind. 💼🔒 #CyberInsurance #BusinessProtection #Woligo

The Insurance Times reporting today about the importance for all businesses to carry cyber insurance. In the article Cyber insurance provider Cowbell have explain that Mid-market companies are suffering more than larger companies when it comes to cyber incidents. Read the article and if you are not cover for cyber and would like more information or a quote please call 01483 285363. #cyberinsurance #insurancetimes #cowbell #toogoods

To conclude our #cybersecurityawarenessweek, we look at what you might get from a cyber insurance policy should you need to make a claim https://lnkd.in/eYyzpeh4 Most businesses of all sizes, scales and industries rely heavily on technology to operate. This increased reliance however, comes with increased risks, such as cyber attacks and data breeches. #cybersecurityawarenessweek #community #insurance #brokers #cyberattacks

Do you have Cyber Insurance for your business? Did you know that roughly 27% of cyber insurance claims were not honored or were only partially paid due to exclusions within the cyber coverage? The top 4 reasons for rejection were: 1) Inadequate Documentation 2) Poor Cyber Hygiene 3) Pre-existing Vulnerabilities 4) Policy Exclusions Make sure you check your policy with your IT expert to make sure you are doing everything necessary to receive full coverage when a cyber incident occurs.

The current risk to intangible assets is more magnified than ever. However, an imbalance exists between the risk exposure and the transfer of that risk. The insurance market needs to do everything possible to close this gap. Join us on 29th October as we explore the growing Cyber Insurance Protection Gap and future of the cyber insurance market. Register now: https://aon.io/3YfZemL David Molony, Sophia Waßner, Sarah Armstrong-Smith & Rory Egan. #CyberSecurityAwarenessMonth #Aon #BetterDecisions #CyberInsurance #ArtificialIntelligence

If you want to hear more about the growing Cyber Insurance Protection Gap and the future of the Cyber Insurance Market please register for this webinar #CyberSecurityAwarenessMonth #Aon #BetterDecisions #CyberInsurance #ArtificialIntelligence

How can small businesses protect themselves from rising cyber threats? Find out more ➡️ https://bit.ly/3LVaDkV #lenderdock #insurtech #insurance #insurancenews #cybersecurity #smallbusiness

If you want to hear more about the growing Cyber Insurance Protection Gap & the future of the Cyber Insurance Market please register for this webinar! #CyberSecurityAwarenessMonth #Aon #BetterDecisions #CyberInsurance #ArtificialIntelligence

The current risk to intangible assets is more magnified than ever. However, an imbalance exists between the risk exposure and the transfer of that risk. The insurance market needs to do everything possible to close this gap. Join us on 29th October as we explore the growing Cyber Insurance Protection Gap and future of the cyber insurance market. Register now: https://aon.io/3YfZemL David Molony, Sophia Waßner, Sarah Armstrong-Smith & Rory Egan. hashtag #CyberSecurityAwarenessMonth hashtag #Aon hashtag #BetterDecisions hashtag #CyberInsurance hashtag #ArtificialIntelligence