Cyber insurance for Reading businesses
Reading is a technology heartland, home to software and IT businesses whose products and services run other companies' operations. When a tech provider's product fails or is breached, its customers look to it to answer.
Where the risks come from for Reading businesses
A technology business can be liable to its own customers if its product or service suffers a security failure or outage that harms them, an exposure that sits between cyber and professional-services liability. As software runs everything, a provider's failure ripples out to everyone relying on it.
A Reading example
A security failure in a Reading tech company's software affects its customers, who bring claims for the harm it caused them. Technology errors-and-omissions cover, arranged alongside cyber cover, responds to the liability to customers, closing a gap a standard cyber policy might leave.
What cyber insurance covers
For a technology provider, cyber cover should sit alongside technology errors-and-omissions cover, so a security or performance failure that harms customers is met. Together they answer for both the provider's own loss and its liability to those it serves.
Placing it in Reading with Apex
We make sure a tech provider's cyber and technology-liability covers fit together, so a failure that harms its customers is covered. 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.