Why choose All Media Insurance for your cyber insurance needs?
Cyber insurance has become a necessity in recent years because traditional insurance policies don’t cover most 21st Century threats. Many standard insurance policies such as property and traditional crime deal with threats to a company’s physical assets. This means buildings, machinery, office equipment and tangible money only. Historically there hasn’t been must cover offered under these policies for loss, theft of or damage to data, systems and electronic funds. However, most businesses now require these items covered which makes Cyber Insurance essential.
Over half of UK Small to Medium sized businesses have reported being a victim of some sort of cyberattack and the increasing frequency is being matched by increasingly high levels of severity. It is important that businesses that are conscious of IT security and take steps to protect themselves from threats, but no one can ever be 100% secure. Cyber threats are rapidly evolving and there are many ways in which attackers can access networks.
All Media Insurance Services are experienced insurance brokers providing cover for people working within the Media and entertainment industry. Our team provide advice, service and a range of insurance policies for all Individuals and businesses working within the Film, TV, Entertainment and Media sector.
What makes All Media Insurance Different?
Over 75 Years’ Experience
in the sporting and insurance arenas
coverage for most vehicle types and fleet policies
an array of A-Rated insurers based in the UK
UK Wide Cover
coverage for the entire United Kingdom
What else do All Media Insurance offer?
Here at All Media Insurance, we pride ourselves on the service and products that we offer our clients. Here are a look at the other products we offer
- Home Insurance | Van Insurance | Commercial Insurance
- Liability Insurance | Fleet Insurance | Unoccupied Insurance
- Landlords Insurance | Prestige Car Insurance | Car Insurance
- and Many Others
What cover do All Media Insurance offer?
The vast majority of cyber events tend to cause financial loss to the insured themselves as opposed to third parties they deal with; examples of claims are:
Theft of Data:
Data is valuable and if something has value it is worth stealing. Identity theft has reached record levels in the UK and in order to commit identity theft, criminals need data, seemingly innocuous information such as names and addresses stored on a computer network can be worth more money than you think.
Damage to Digital Assets:
In order to operate, businesses now have an incredibly high dependency on their systems, and criminals know that. By either damaging or threatening to damage a firm’s digital assets, attackers know that they can extort money from their victims who may prefer to pay a ransom rather than seeing their business grind to a halt. And even after paying up, the victim is often left with systems that are unusable and costly to fix.
In some cases, there may be no financial incentive for the attacker at all. In the same way that criminal damage to property doesn’t have a financial value, damage to digital assets doesn’t need to either. Claims for theft of funds are actually very easy and quick to quantity but for the theft of data claims, the financial impact can vary depending on the nature of the data compromised and how much of it was stolen. The costliest part of a cyber event is often responding to the incident. For example, if an attack has managed to compromise a company’s computer network, the IT specialists are going to be needed to stop the attack, protect against further immediate threats and work out what has been stolen. There is a financial cost associated with limiting reputational damage, notifying clients or customers whose data has been stolen and offering identity theft protection solutions if necessary.
Redefining Media Insurance
Who we are
All Media Insurance are an insurance broker working with a carefully selected panel of specialised insurers offering bespoke insurance policies which will get you the right cover, at the right price when you need it the most.
We offer a selection of insurance covers for freelancers, partnerships and sole traders, working in the media, film, broadcasting, theatre and events industries and cover car insurance, liabilities, buildings/contents, professional indemnity and commercial insurance.
Why Use All Media Insurance?
All Media Insurance specialise in insurance for professionals working in the Film, TV, Media and entertainment sectors. We understand the obstacles you can face when with when looking for an insurance policy. Which is why our experienced and dedicated team are always here to help you.
We offer a bespoke concierge service so if you ever have any queries or need to make any changes to your policy, your dedicated account handler will be on hand.
All Media are personable, friendly, experienced and knowledgeable – and we’re here to help you.
The insurers we work with appreciate that our clients can have specific needs and requirements, which is why every quote is bespoke and tailored to your own individual needs:
- Competitive prices on your insurance
- 5 Star discreet service from your dedicated account handler
- Dedicated account handler to process/answer any queries
- Great value instalment plans available so you can spread the cost of your insurance
- Choose a level of cover to suit your needs so you don’t pay more than you need to