Kiberrisku apdrošināšana (Cyber Insurance)
Kiberrisku apdrošināšana (Cyber Insurance) is a cyber insurance product underwritten by If P&C Insurance AS – Latvia Branch (Sampo Group (Finland)), available in Latvia. It is aimed at micro-companies and sole traders, small and medium-sized businesses, mid-market companies and large enterprises. Coverage limits reach up to Insurance limit from €5K to €50K. The carrier holds an AM Best rating of A+ (Superior) – AM Best. The product signals support for NIS2/DORA regulatory requirements. It can be approached directly through the provider.
Product Details§ 01
Advantages & Limitations§ 02
Advantages
- If CyberInsurance: Scandinavia's leading cyber insurer; consistent product platform across Norway, Sweden, Finland, Estonia, Latvia and Lithuania.
- Coverage: cyber attack response, data breach RC, BI loss, data recovery, ransomware/extortion, GDPR notification costs, third-party network security and privacy liability, legal costs.
- If P&C: Sampo Group subsidiary; #1 P&C insurer in the Nordic and Baltic region by premium volume.
- Local language policies and local claims handling in each country.
Limitations
- Small market; limited domestic capacity.
- Coverage focused on data recovery.
Contact & Response§ 03
Frequently asked questions§ 04
+Who is Kiberrisku apdrošināšana (Cyber Insurance) designed for?
Kiberrisku apdrošināšana (Cyber Insurance) by If P&C Insurance AS – Latvia Branch targets micro-companies and sole traders, small and medium-sized businesses, mid-market companies and large enterprises in Latvia. Geographic scope: Domestic only..
+Does Kiberrisku apdrošināšana (Cyber Insurance) help with NIS2 or DORA compliance?
If P&C Insurance AS – Latvia Branch indicates the following NIS2/DORA support for this product: NIS2 and DORA compliance advisory included..
+How can I buy Kiberrisku apdrošināšana (Cyber Insurance) in Latvia?
You can approach If P&C Insurance AS – Latvia Branch directly (https://www.if.lv/uznemumiem/kontakti) or via the provider's website. Compare it with alternatives in Latvia on Ryskly first.