Review: Cyber for SMEs

Product: Cyber Cover

Underwriter: NIG (100% reinsured by HSB)

Commission paid: 17.50% (or net)

Coverage: NIG Cyber cover is tailored to the needs of SMEs and our limits reflect this.

Standard covers – Maximum limits, up to, cyber crime £100,000 (minimum limit £25,000); cyber liability £1m (minimum limit £25,000); data-breach expense £1m, (minimum limit £25,000)

Optional covers – Maximum limits, up to, hardware £5m; data corruption and extra cost £1m (minimum limit £25,000); cyber event -