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Cyber Insurance | Cyber Liability Insurance | Hacking Insurance

Cyber Insurance represents an innovative new risk protection product combining Crisis Response services and Insurance.

They key benefit of our Cyber Insurance products is the immediate access to high quality advice on managing public relations and brand reputation following a data breach event.

Our policies vary in price and cover to give your business the flexibility to chose insurance that is relevant and affordable. Typical Cyber Insurance cover will include Crisis Response, damage to your IT systems, Third Party Liability and Regulatory penalties.

Cyber Insurance

Loss of Reputation Protection

Hacking & Ransomware protection

Liability to Third Parties

GDPR & Regulatory Penalties

Cyber Liability Insurance is a relatively new product on the market having been developed to respond to the increasing threat from Cyber Crime and Data theft. Butler Evans have undertaken an extensive review of the products now available on the market so that we can advise our clients on the most appropriate Cyber Insurance policy for their needs. 

The modular nature of Cyber Liability Insurance means you can select an affordable policy to protect the risks you face whether these are exposures from Corporate business with multi-location networks to SME’s holding a few records of customer’s data.

Crisis Response & Cyber Extortion

The most important part of a Cyber Liability Insurance policy provides immediate access to professional advisors who will assist you to manage and defend a Cyber Attack, if a data breach occurs these Crisis Response teams will help you manage your reputation and protect your brands. If you have a Crisis Response partner then the Insurers will reimburse costs you incur. 

If you suffer data theft or the data is compromised, commonly the criminals behind the hacking will often demand payment to return your systems. Cyber Extortion Insurance covers ransom demands and provides expertise in negotiating with an extortion threat.

Third Party Liability

This section of the Cyber Liability Insurance provides insurance against financial damages you are legally liable to pay to a Third Party following a breach of network security or a data breach.

System Damage & Business Interruption

This section provides protection against the damage to your own systems and data, including any loss of business income you suffer as a result of an insured event.

GDPR & Regulatory Body Investigations Insurance

Data Protection legislation is becoming more of a burden on businesses with fines and penalties for a range of data breaches. A Cyber Insurance policy also covers reasonable costs of responding to a data protection investigation, plus reimbursement of insurable fines and penalties.

Other policy cover available:

  • Cyber theft/crime – includes fraudulent use of online banking
  • Media Liability – Including breach of intellectual property rights & defamation.


To obtain a quotation for Cyber Liability Insurance, please complete the form below and we will give you a call:

Some reasons why you should consider Cyber Liability Insurance:


In the digital age companies are responsible for increasing amounts of data.  On an individual level, if payments are taken by credit or debit card, you are responsible for the personal data recorded. Employee data can be even more detailed and include payroll details and medical history. Sub contractors that you use will also have access to this data, and if they suffer a breach Cyber Liability Insurance will cover your liability as well.

On a corporate level, information regarding new developments and planning issues can also be sensitive, and you are responsible for it being stored securely. If you hold data on US clients, you are required by law to notify them in writing of a breach. Cyber Liability Insurance will pay for these notification costs whether mandatory or voluntary, and the policy responds to local laws in the applicable territory.


Your company/practice may be exposed to the following costs:
– Regulatory fines
– Damages and litigation expenses associated with defending claims from third parties
– Diagnosing the source or loss of a breach
– Reconfiguring networks, re-establishing security and restoring data and systems
– Notification costs
– Credit file monitoring
– Implementation of disaster recovery plan
– Lost billable time.
A professional indemnity policy is unlikely to indemnify you for breaches of data protection legislation or the costs to your firm following a breach.


News of a data leak spreads fast, especially in an age of social media. Public confidence in a company can diminish within hours. The situation requires careful management and consideration of the media, customers, staff and stakeholders. Swift action and a carefully managed PR response will be needed to regain trust and protect the company’s reputation.


If your IT systems failed, or you experienced an intrusion or were hacked, what would the effect be on your business? Inability
to transact business and document work? Damaging existing relationships and hindering the development of new
relationships? Negative publicity? All these lead to a loss of revenue that is out of your control. Cyber Insurance can help cover the loss of revenue, recover the lost data and notify the data subjects of the breach.


It is unlikely that coverage required in the event of a data breach will be provided by standard Professional Indemnity,
Directors & Officers or Commercial Liability policies and it is possible that you may not be compliant with your regulatory
obligations. If limited cover is provided it will not be adequate in certain claims scenarios such as virus transmission, business
interruption without physical damage to premises, and mandatory and voluntary notification costs.

For further help and advice call 0845 431 0448 or email: