Cyber Risk
Cyber Risk is a cyber insurance product underwritten by Hiscox Italy (via Lokky) (Hiscox Ltd. (Bermuda)), available in Italy. It is aimed at micro-companies and sole traders and small and medium-sized businesses. Coverage limits reach up to Up to €250K (Small business);. Policyholders get 1 bundled proactive service — Incident response — designed to reduce breach risk before a claim ever happens. The carrier holds an AM Best rating of A (Excellent) – AM Best. The product signals support for NIS2/DORA regulatory requirements. It is distributed through insurance brokers.
Product Details§ 01
Advantages & Limitations§ 02
Advantages
- CyberClear (via Lokky digital platform): Hiscox cyber product distributed through Lokky's digital-first Italian SME broker platform.
- Coverage: data breach response, BI loss, ransomware/extortion, data recovery, privacy liability, GDPR fines, legal costs.
- Phishing simulation and CyberClear Academy online training included.
- Lokky: Italian insurtech platform enabling fast digital quoting for SMEs.
Limitations
- Micro/small business focus; digital-first via Lokky platform.
Contact & Response§ 03
Frequently asked questions§ 04
+Who is Cyber Risk designed for?
Cyber Risk by Hiscox Italy (via Lokky) targets micro-companies and sole traders and small and medium-sized businesses in Italy. Geographic scope: EU / EEA..
+What proactive security services are included with Cyber Risk?
The policy bundles 1 proactive service: Incident response. These preventive services are typically included in the premium.
+Does Cyber Risk help with NIS2 or DORA compliance?
Hiscox Italy (via Lokky) indicates the following NIS2/DORA support for this product: NIS2 and DORA compliance advisory included..
+How can I buy Cyber Risk in Italy?
Cyber Risk is sold through insurance brokers — broker contact: https://www.hiscox.it. Compare it with alternatives in Italy on Ryskly before approaching a broker.