Get your cyber insurance right away

This insurance covers liability, business interruption, crisis management costs, and property damage. The terms and conditions are discussed in detail below. These include:

• System Breaches and Digital Liability
• Theft of privacy-sensitive data
• Hacking
• Extortion and Cyberattacks

Insured Amount

You can choose the insured amount yourself. The minimum insured amount is €250,000 per occurrence, per insurance year. The maximum amount you can insure yourself for is €2,500,000 per occurrence, per insurance year.

Liability

This insurance covers the costs if other parties suffer damages as a result of a cyber incident for which you are liable.

Repair Costs

Recovery costs include the costs of repairing, replacing, or restoring websites, software, or data.

Loss of Income/Business Interruption*

Will an attack on your computer systems result in a loss of revenue? If so, this loss is covered. The policy terms and conditions specify the circumstances under which loss of revenue is further compensated.
* A waiting period of 8 hours applies to business interruption.

Data Breach

If privacy-sensitive data is stolen, the costs of the investigation, claims filed by individuals, and fines imposed by regulatory authorities will be reimbursed.

Breaches of systems or data

In the event of a breach of your systems or data, the costs of (forensic) investigations, communication, and customer support will be reimbursed. Communication includes communication with customers, law enforcement, regulators, and other relevant parties.
In addition, the costs of crisis management and reputation restoration are also covered by this insurance.

There are a number of items that are automatically excluded from coverage, such as:

• Intentionally causing damage
• When committing fraud
• If the damage results from data that you obtained illegally
• Damage caused by war, looting, and government actions

In addition, the following items are not covered by cyber insurance:

• Personal Injury and Property Damage
• Contractual Liability
• Damages resulting from a breach of trade secrets or intellectual property
  This does not apply if you are held liable for a media-related error.

In many cases, cyber insurance policies include a deductible. The deductible is the portion of the loss that you must pay yourself each time you file a claim. You can find the amount of this deductible in the policy terms and conditions.

When you apply for insurance or file a claim, you’ll need to answer some questions. You must answer these questions honestly. You must also do everything you can to prevent and minimize damage. Report any damage as soon as possible! It’s also important to let us know if anything changes.

When taking out a cyber insurance policy, you are expected to meet certain preventive measures. If you do not meet these requirements, your claim may be denied or only partially paid.

You can easily compare insurance policies on our website. After entering a few details, you’ll see a selection of insurance policies tailored to your needs, along with their corresponding premiums and policy terms.

You can compare these options. Once you've found a suitable insurance policy, you can purchase it right away.

Are you having trouble figuring something out, or do you have any questions? If so, you can always reach us by phone at 088 – 688 37 00. We’re happy to help.

The impact of a cyberattack is significant. As a result, cyber insurance isno longer a luxury in today’s world. To minimize the risk of cyberattacks, there are a number of steps you can take as a business owner, such as:

• Installsoftware updatesregularly and make sure the systems are up to date.
• Usestrong passwordsand try to use as few duplicate passwords as possible across different programs.
• Make your staff aware of the risks and establishclear guidelinesregarding, among other things, the handling of customer data.

On this page, you'll find moretips on how to prevent cyberattacks.

Unfortunately, cyberattacks occur on a daily basis and are not without risks.More and more Dutch companiesare recognizing the dangers of cybercrime. This is evident from the number of measures companies are taking to prevent cyberattacks. Due to the sharp increase in digital traffic, the threat of cybercrime will persist in the coming years.

The mainrisksposedby cybercrimeinclude:

• Data Theft
  When customer and/or supplier data is leaked, hackers can misuse it in various ways.
• Website (temporarily) unavailable
  Temporarily taking the website offline can lead to a loss of revenue, since you will be unable to reach (potential) customers during that time.
• High Costs
  Digital fraud or the theft of personal data often results in extremely high costs. In addition, you will need to invest in digital security to prevent any future cyberattacks.
• Reputational Damage
  When your company falls victim to cybercriminals, it results in negative publicity. This negative publicity causes reputational damage.

The risks associated with digitizing businesses are quite significant. It’s important not to underestimate these risks and to make your staff aware of the potential dangers.Employees are often not sufficiently aware of the dangersof cybercrime. For example, they frequently use the same password for multiple websites. In addition, software updates are often delayed for too long. This makes it even easier for cybercriminals to strike. Clearly explain why it’s important to use strong passwords and to vary them. Also emphasize the importance of software updates and warn employees about emails from unknown senders. Tell them not to open emails or files from people they don’t trust.

If you arethe victim of a cyberattack, it is important to stay calm but act quickly. To do so, follow the steps below:

1. Disconnect from the Internet immediately
2. Notify the IT department
3. Back up your files
4. Notify your bank and freeze any payment accounts
5. File a report with the police.

A data breach can occur in various ways. As a result of cybercrime, personal data belonging to third parties may fall into the hands of criminals. If this leads to security incidents, it is referred to asa data breach. A data breach is considered a violation of privacy laws. As a business, you are, in most cases, required to report this to the Dutch Data Protection Authority and, in some cases, to the individuals whose data has been compromised.

The information you are generally required to report immediately includes, among other things:

• Login credentials, such as usernames and passwords.
• Financial information about the parties involved.
• Medical and psychological information.
• Personal social data.

If you fail to report a data breach when you are required to, you risk a hefty fine.

As an intermediary, we are not part of any insurance company. This means we have no financial or sales obligations to the companies we work with. When comparing insurance policies, we take into account your personal situation and specific coverage needs. Alpina makes insurance straightforward and fast.

Not satisfied? Get your money back! (14 days)

Your insurance application will be reviewed quickly, 24 hours a day, 7 days a week. You can then hit the road right away, knowing you’re fully covered. You also don’t need to worry about your old insurance policy—you can cancel it directly online through us.

Supervision

Alpina complies with all legal requirements set forth by the AFM. We hold the necessary licenses and certifications and are members of the Financial Services Complaints Institute (Kifid).