Cyber insurance for Coventry businesses
Coventry's manufacturers, tech firms and businesses increasingly run on the cloud, their systems, data and tools hosted by providers they do not control. When a provider goes down, so does the business that depends on it.
Where the risks come from for Coventry businesses
A business that relies on a cloud host, platform or IT provider is exposed if that provider suffers an outage or attack, its own systems can go dark through no fault of its own, for as long as the provider takes to recover. The dependency is convenient until the day it fails.
A Coventry example
A cloud provider used by a Coventry business suffers a major outage, and the business cannot access its systems or data for days. Cyber cover with contingent business-interruption responds to the lost trade caused by the provider's failure, where cover tied only to the business's own systems would not.
What cyber insurance covers
Cyber cover can extend business interruption to outages at cloud and IT providers a business depends on, not just its own systems. As businesses move to the cloud, that contingent cover becomes essential.
Placing it in Coventry with Apex
We make sure the cover reflects a business's reliance on the cloud, so a provider's outage is not an uninsured one. Apex arranges cyber cover through one named broker. Regulated by the FCA; established 2009.
Related
Get the right commercial cover, placed by a named broker
Tell us about your business and we’ll place it on the specialist market — or leave your number and a named broker calls you back, usually the same working day.