Helping to reduce cyber insurance complexity

Many businesses are more digital than ever before. They're introducing more technology-enabled solutions such as cloud computing and artificial intelligence. Unfortunately, this means businesses could be targets for cybercriminals.

1 in 5 businesses say they have been a victim of a cyber-attack or cyber fraud in the last 12 months.*

Why choose us for cyber insurance?

  • We can offer cover for first party, third party and reputational management costs - which could help to protect your business against financial loss due to a cyber incident.
  • We can help you create an cyber incident action plan - this can help with a a swift and organised response to a cyber incident maintaining your organisations resilience.
  • We can reimburse you for revenue lost in the event of an attack, extortion or data breach on your IT system or that of your outsourced IT or data provider.
  • If a hacker holds your business to ransom we can help with recovery costs and / or cash payouts which could with help with restoring systems, conducting forensic investigations, minimising disruption, lost revenue and the ability to negotiate and meet ransom demands.
  • Notifying your customers of a data breach can be expensive and we can help cover these costs.
  • We can also offer bespoke policy options which can be added to your policy - for more information on these, please get in touch with your Insurance Broker.
  • You'll get access to risk management support to help you improve your cyber risk management strategies.​

Why choose Aviva for Cyber?

  • Speed is of the essence after a cyber incident, so you need a strong team to help control the event. Our incident response managers are available 24/7 to co-ordinate the necessary specialist IT security, legal and PR experts to help get your business back up and running as quickly as possible.
  • A forensics expert is available to help you with identifying, containing and resolving the problem through data restoration.
  • We can cover the costs of utilising expert public relations and legal consultants to mitigate and minimise negative reputational or brand damage.
  • We'll pay the costs of notifying those affected in the event of a breach and offer them credit monitoring.
  • We'll cover the consulting costs to prepare for any regulators' probe into the breach without jeopardising the your businesses' financial stability.
  • An excess is only payable if a specialist is appointed, if just advice is given, there's no excess.
  • We can help to cover costs to improve your company's cyber security following a claim. It could involve installing software, applications and other technologies, such as two-factor authentication.

GCS Cyber Lead

Stephen Ridley

Stephen is the Head of Cyber at Aviva. With over 15 years of experience specialising in cyber and data risks insurance, from both a broking and underwriting perspective, he is both CISMP and CompTIA Security+ accredited. He currently sits on the Cyber Committee for the Association of British Insurers and the DCMS Cyber Advisory Group, and regularly speaks at industry events as well as being frequently featured in both trade and national press. At Aviva, Stephen leads a team of expert underwriters who have over 40 combined years' experience in cyber insurance.

Multinational Capabilities

We can lead global insurance programmes worldwide through our Multinational Centre of Excellence (COE) and our partner network that covers more than 150 countries. We strive to provide a seamless, client-focused end-to-end service – creating controlled master programmes for corporate clients.

Our underwriting appetite

Our diverse underwriting appetite allows us to write more than you may think.

Learn more about our appetite

* Proprietary Aviva Research conducted via online interviews with 1,218 senior UK business leaders, fieldwork conducted between 15 September - 8th October 2023