Baloise Versicherung AG (Switzerland) (Helvetia Baloise Group (Switzerland) — formerly Baloise Group)

Cyber-Versicherung

by Baloise Versicherung AG (Switzerland)
B2BADirectBroker onlyDomestic onlyGerman
Last updated Apr 2026

Product Details§ 01

Max Insurance Limit
Bespoke.
Min Premium / Revenue
SME-focused; no published minimum premium. Three tiers (ECO/SMART/TOP) available.
Market Focus
All sizes; all industries.
Coverage
Cyber crime / FTF
AM Best Rating
A (Excellent) – AM Best (Baloise Group)
MGA / Direct
No – Direct insurer.
Policy Language
German / French / Italian
NIS2 / DORA Support
Not applicable (nDSG compliance advisory included).
War Exclusion
War and nation-state cyber exclusion applied (LMA-aligned).
Geographic Scope
Domestic only.
Broker Only
Yes

Advantages & Limitations§ 02

Advantages

  • Baloise cyberassurance PME: three-tier SME product (ECO / SMART / TOP); both first-party and third-party coverage across all tiers.
  • First-party coverage: malware removal, data recovery and software restoration, extra costs (overtime/alt systems), BI loss, cybervol and payment traffic fraud, goods redirection fraud.
  • Third-party coverage: RC liability for info security breach, IT system downtime, data loss, hacking, IP violation, data protection and secrecy breach, PCI Payment Card Industry non-compliance penalties.
  • Assistance module (all tiers): forensic analysis costs, data breach notification, crisis management and PR, legal/administrative proceedings, cyber extortion including ransom (up to CHF 50,000 sub-limit; police involvement required).
  • Expert partners: Swisscom (information security, multi-site Swiss network) and GU Sicherheit (crisis management, crisis communication, risk management).
  • Update guarantee: product improvements automatically extended to existing policyholders at no extra cost.
  • Part of Helvetia Baloise group (merger completed Q4 2025): second-largest Swiss insurance group; combined business volume CHF ~20B.
  • nDSG/BACS compliance advisory included; BACS 24-hour cyber incident reporting obligation (critical infrastructure, since 2025) addressed.

Limitations

  • Swiss domestic product (Baloise/Helvetia Baloise group).
  • Cyber extortion/ransom covered only with police involvement; sub-limit up to CHF 50,000 (optional).
  • Standard exclusions: pre-existing faults, wilful acts by insured, war/state-actor exclusions apply.

Contact & Response§ 03

24/7 Crisis Hotline
00800 24 800 800 (freephone, 24/7) / +41 58 285 28 28 (international)