Cyber insurance for Preston businesses
Preston's manufacturers and suppliers, including those in aerospace and engineering, win work on trust and reliability. A cyber breach can cost a business not just money but the contracts that reputation was built on.
Where the risks come from for Preston businesses
When a supplier suffers a breach, its customers can lose confidence in its security and take their business elsewhere, and the loss of a major contract, or of a place on an approved-supplier list, can outweigh the direct cost of the attack. The damage is to the future work, not just the present systems.
A Preston example
A breach at a Preston supplier leads a key customer to question its security and move the contract to a competitor. Cyber cover meets the response and, where the policy provides it, the reputational and consequential loss, but the episode shows why demonstrable security protects the business itself.
What cyber insurance covers
Cyber cover meets the direct costs of a breach and, in some policies, elements of the reputational and consequential loss that follows. Strong, demonstrable security protects the customer relationships a breach can otherwise cost.
Placing it in Preston with Apex
We help a business protect not just its systems but the customer trust a breach can cost, and arrange cover to match. Apex arranges cyber cover through one named broker. FCA authorised; 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.