Cyber Liability Insurance

Advantages

• Delta Underwriting Pte. Ltd.: first Lloyd's coverholder dedicated exclusively to cyber and technology liability lines in Singapore; Co. Reg. No. 201709369N.
• Cyber Liability Insurance Version 2: comprehensive 360° cyber protection for Singapore and Asia Pacific businesses; worldwide territory; up to $25M capacity via Lloyd's.
• Coverage (Version 1): Business Interruption, Third Party Liability, Hacker Theft Cover, Costs to Restore (data and software), Data Forensic Services, Network Extortion / Triage & Breach Consultation, Notification Services and Credit Monitoring, Mandatory Breach Reporting, Public Relations Expenses.
• New in Version 2: Reconstitution Costs (specialist/overtime IT recovery), Reward Expenses (information leading to arrest of threat actor), Telephone Hacking, Social Engineering Cover, Third Party Contractor Liability extension, Reputation Harm, Human Error, Programming Error.
• 24/7 rapid response from top IT security experts locally and internationally: immediate containment, restrict third-party access, secure IT infrastructure perimeter.
• Three-stage claims handling: Crisis Containment (triage, contain, initial PR, legal privilege), Crisis Management (forensic investigation, restore systems, ongoing PR, credit monitoring, BI investigation), Crisis Resolution (security review, ongoing credit monitoring, third-party claims resolution, BI settlement).
• Cyber risk management specialists: research and publish white paper on Singapore-specific cyber risks and exposures; highlights risk management practices.
• Value-add risk management product suite; post-loss partner network to strengthen cyber security baseline.