Cyberforsikring (Erhverv)
Cyberforsikring (Erhverv) is a cyber insurance product underwritten by Topdanmark A/S (Topdanmark A/S (Denmark)), available in Denmark. 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 Up to DKK 1M. The carrier holds an AM Best rating of Not rated by AM Best.. The product signals support for NIS2/DORA regulatory requirements. It is distributed through insurance brokers.
Product Details§ 01
Advantages & Limitations§ 02
Advantages
- Coverage: IT system recovery and data reconstruction, BI loss, ransomware/extortion (net banking theft covered up to DKK 3,515,490), GDPR/data breach notification costs, legal and PR costs.
- Scalable: policy adapts to company size.
- First Danish insurer to launch a cyber product for private individuals (market innovation).
- Topdanmark: Denmark's #2 P&C insurer (Moody's rated; ~25% Danish P&C market share).
- Listed on Nasdaq Copenhagen.
Limitations
- Primarily Danish domestic market.
- No appetite for:
- Public authorities;
- Financial companies;
- Utilities;
- Companies that have been previously denied a similar insurance.
Contact & Response§ 03
Frequently asked questions§ 04
+Who is Cyberforsikring (Erhverv) designed for?
Cyberforsikring (Erhverv) by Topdanmark A/S targets micro-companies and sole traders, small and medium-sized businesses, mid-market companies and large enterprises in Denmark. Geographic scope: Domestic only..
+Does Cyberforsikring (Erhverv) help with NIS2 or DORA compliance?
Topdanmark A/S indicates the following NIS2/DORA support for this product: NIS2 and DORA compliance advisory included..
+How can I buy Cyberforsikring (Erhverv) in Denmark?
Cyberforsikring (Erhverv) is sold through insurance brokers — broker contact: https://www.topdanmark.dk/erhverv/. Compare it with alternatives in Denmark on Ryskly before approaching a broker.