Colonnade Insurance S.A. – Hungary Branch (Fairfax Financial Holdings (Canada))
Cyber Insurance
by Colonnade Insurance S.A. – Hungary Branch
B2BA-DirectNIS2Broker onlyEU / EEAHungarian
Last updated Apr 2026
Product Details§ 01
Max Insurance Limit
Bespoke.
Market Focus
All sizes; all industries.
AM Best Rating
A- (Excellent) – AM Best
MGA / Direct
No – Direct insurer.
Policy Language
Hungarian / English
NIS2 / DORA Support
NIS2 and DORA compliance advisory included.
War Exclusion
War and nation-state cyber exclusion applied (LMA-aligned).
Geographic Scope
EU / EEA.
Broker Only
Yes
Advantages & Limitations§ 02
Advantages
- Colonnade Cyber Insurance: specialist CEE cyber product with dedicated local underwriting teams in each country.
- Coverage: cyber attack response, BI loss, data breach RC, GDPR/local data protection notification, ransomware/extortion, IT forensics, legal costs, third-party liability.
- Colonnade Insurance: €1.4B+ in assets; specialist financial lines and cyber insurer across 9 CEE countries; part of Fairfax Financial Holdings.
- Local CEE cyber expertise: dedicated cyber underwriters in each market; NIS2-aware underwriting.
- Cyber extortion management and payment included as standard.
- GDPR-aligned coverage with local regulatory advisory.
- Local CEE-specialist team.
- Cyber extortion management and payment.
Limitations
- Focused on commercial clients of all sizes.
Contact & Response§ 03
Customer Contact
24/7 Crisis Hotline
Via local Colonnade claims portal (no published 24/7 dedicated cyber hotline; IR experts coordinated through broker)
Broker Contact