Cyber Insurance
Cyber Insurance is a cyber insurance product underwritten by Helvetia Versicherungen AG (Helvetia Baloise Group (Switzerland) — formerly Baloise Group), available in Switzerland. It is aimed at small and medium-sized businesses, mid-market companies and large enterprises. Coverage limits reach up to Up to CHF bespoke (SME: CHF 1M+ recommended).. Policyholders get 5 bundled proactive services — Training & awareness, Threat intelligence, Risk assessment and Incident response, among others — designed to reduce breach risk before a claim ever happens. The carrier holds an AM Best rating of A (Excellent) – AM Best. It is distributed through insurance brokers.
Product Details§ 01
Advantages & Limitations§ 02
Advantages
- On-claim expert support: IT forensics, data protection/legal advice, PR crisis management — coordinated directly by Helvetia via partner panel.
- Coverage: 3 tiers (LIGHT, STANDARD, PREMIUM) own damage (IT system recovery, BI loss, extortion), third-party liability (data breach RC, privacy), GDPR/nDSG notification costs, forensic investigation, legal and PR costs.
- Helvetia: Switzerland's #4 insurer; €12B+ GWP (2024); nDSG and BACS-reporting obligations advisory included.
- Available to any Swiss business using digital data or connected to internet.
Limitations
- Swiss domestic product primarily.
Contact & Response§ 03
Frequently asked questions§ 04
+Who is Cyber Insurance designed for?
Cyber Insurance by Helvetia Versicherungen AG targets small and medium-sized businesses, mid-market companies and large enterprises in Switzerland. Geographic scope: Domestic only..
+What proactive security services are included with Cyber Insurance?
The policy bundles 5 proactive services: Training & awareness, Threat intelligence, Risk assessment, Incident response and Crisis management. These preventive services are typically included in the premium.
+Does Cyber Insurance help with NIS2 or DORA compliance?
Helvetia Versicherungen AG indicates the following NIS2/DORA support for this product: Not applicable (nDSG compliance advisory included)..
+How can I buy Cyber Insurance in Switzerland?
Cyber Insurance is sold through insurance brokers — broker contact: https://www.helvetia.com/ch/web/en/corporate-customer/insurance/cyber/. Compare it with alternatives in Switzerland on Ryskly before approaching a broker.