Cyber Insurance

Protecting clients from the increasingly complex cyber risks they face today

Ransomware

Learn what it is, how it works and how you can manage this risk

Overview

Cyber risks are evolving at a rapid pace, making it challenging for businesses to keep up. With the many internal and external factors involved in managing these risks, companies can benefit from a comprehensive cyber insurance tailored to their needs.

A trusted partner

AIG has extensive experience handling cyber-related claims, having underwritten thousands of cyber risk policies since the late 1990s and helped some of the largest companies globally respond to data breaches.

Preventing the domino effect

In a rapidly changing landscape, CyberEdge clients also have access to a range of complimentary services to help prevent cyber losses from occurring.

Designed especially around the risk

CyberEdge is designed to respond to a variety of cyber risk exposures not covered under conventional insurance policies. Companies have the flexibility to tailor coverage options to ensure they are able to respond promptly and prevent costly damages and future events.

Responsive Guidance

Backed by our years of experience and multinational footprint, CyberEdge clients have access to experienced claims specialists and strategists to advise them when they need it. AIG has a strong relationship with forensic, legal and communications partners, ensuring rapid support and swift response when needed.

Product Features

Cyber Risk Consulting Services

Complimentary Tools & Services to provide clients with knowledge, training, security and consultation solutions.

What’s Inside (Playbook)

Explore all cyber cover, protection services and claims capabilities.

Who is cyber insurance for?

From SMEs to large multinational companies, our CyberEdge insurance solution caters to businesses of all sizes.

What is covered?

CyberEdge’s new modular wording offers clients a tailored solution for the unique risks they face.


Available Cover Modules

First Response

24/7 access to a cyber-response team during a security breach or denial of service attack. Watch this video to learn more.

Digital Media Content Liability

Damages and defense costs incurred in connection with a breach of third party intellectual property, or negligence in connection with electronic content.

Event Management

Covers costs to retain legal, IT forensics and public relations services to assist in managing and mitigating a covered privacy or network security incident. Here’s a short clip to learn more.

Cyber Extortion

Costs of investigations to determine the cause of the extortion threat and to settle the extortion demand. Learn more in this 60-second video clip.

Network Interruption: Security Failure

Network Interruption responds to an insured’s loss of income and operating expenses when business operations are interrupted or suspended due to a failure of network security. Learn more by watching this video.

Cyber Crime

Covers direct financial loss from various fraud events, including computer crime, impersonation fraud, telephone fraud and cryptojacking.

Network Interruption: System Failure

Network interruption losses resulting from an internal system failure not necessarily arising from a cybersecurity breach. Watch this 60-second cover video for more information.

Criminal Reward Fund

A reward fund for information that leads to the arrest and conviction of individuals committing or trying to commit a cyber-attack or extortion against the insured. Check out this video to learn more.

Network Interruption: Outsourced Service Provider (OSP)

Network interruption losses and mitigation costs resulting from an OSP. Here’s a short video to explain more.

Loss Prevention

Complimentary loss prevention services to help reduce the likelihood of an incident.

Security and Privacy Liability

Responds to third party liability for claims arising from privacy breaches and failure of the insured’s network security.