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Tailor-made coverage for hidden risk exposures in today’s growing cyber market

Fast changing industries confront fast changing risks. In today’s connected environment, cyber security is a widespread concern. Some companies are failing to take their responsibilities seriously. Too often, businesses do not fully understand their organisation’s cyber and data privacy risks until an event occurs. Any company can be affected by a breach of sensitive customer or employee information. Even the loss of a single laptop, if not properly managed, can turn into a public relations disaster, destroying not only a corporate brand but also its balance sheet.

Turker cyber reinsurance team practice comprises innovative cyber breach and network security service. Taking a peril focused approach and transacting in all aspects of the insurance chain – from primary insurers to retrocessionaires gives the cyber team the ability to understand fast-evolving market. 

Our Cyber and Tech reinsurance service include a full range of reinsurance coverage for Treaty portfolios such as:

  • Data loss and restoration including decontamination and recovery (Theft and Fraud)
  • Incident response and investigation costs (Forensic Investigation)
  • Business interruption loss due to a network security failure or attack, human errors, or programming errors
  • Network or data extortion
  • Crisis communications and reputation mitigation expenses

Structured as:
  • Quota Share
  • Stop Loss
  • Risk Excess of Loss