Cyber insurance for Guildford businesses
Guildford's professional firms, conveyancers, wealth managers, advisers, move large client sums between accounts as part of their everyday work. Criminals watch for exactly those moments to divert the money.
Where the risks come from for Guildford businesses
In mandate or push-payment fraud, a criminal intercepts or imitates a genuine instruction and tricks a firm, or its client, into sending funds to a fraudster's account, often at the moment of a property completion or a large transfer. The sums are large and the money moves fast.
A Guildford example
A Guildford firm's client is deceived into sending completion funds to a fraudster who had imitated the firm's payment instructions, and the money is lost. Cyber cover with social-engineering and funds-transfer protection responds to the loss and the response, an exposure a standard policy would not cover.
What cyber insurance covers
Cyber cover can include social-engineering, mandate and funds-transfer fraud, answering for money diverted by deception, a major exposure for firms handling client funds. It works alongside the firm's crime and professional cover.
Placing it in Guildford with Apex
We make sure a firm handling client money is covered for the frauds that target exactly those transfers. Apex arranges cyber cover through one named broker. Authorised 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.