From ransomware to phishing, targeted hacks, malware, or IP theft, the cyber threats to every business continue to grow in number and complexity. Many breaches occur by exploiting vulnerabilities, through human error or the actions of an insider and that in some cases, can go undetected for months.

PRODUCTS AND SERVICES

Lockton Global Cyber and Technology

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Independent expertise, designed to meet your individual needs

Lockton’s dedicated Global Cyber and Technology practice provides bespoke cyber insurance and risk solutions to meet the unique requirements of our clients. Our experienced team is made up of independent, specialist brokers and advisers who take the time to understand your business, delivering reliable, effective cover that responds the moment you need it.

Our team offers a wide range of expertise in cyber risk identification, protection and management as well as the proven delivery of results. Specialists from across the cyber industry are on hand to support you, including claims experts, ex-CISOs and legally qualified technicians.

Harnessing strong insurer relationships and direct access to the Lloyd’s market, the team is able to provide unparalleled solutions for our clients. In addition, Lockton’s global footprint and network ensures that the team can leverage worldwide insurance markets not only for cyber risk but also for technology errors and omissions coverage.

Our cyber team works closely with international markets (including the Unites States, Canada, Hong Kong and Australia) and is backed by a wealth of experience across multiple jurisdictions and industries. This allows us to offer localised, tailored service to our clients around the world.

What we bring to your business

  • A broad range of broking experience across all aspects of cyber and technology

  • Specialist technology and risk consultancy through Lockton Cyber Risk Advisory Services (LCRAS)

  • Navigation through the best cyber security process with our unique three-step approach: Inform, Improve and Insure

  • Partnered services on managed detection and response, forensic accounting, data landscaping and more

  • Tailored insurance solutions including a comprehensive risk protection programme interfacing with property, casualty, D&O, crime, PI and other lines of cover

  • Insurance programme benchmarking, cyber risk posture and maturity analytics

  • Proprietary forms with market-leading wording

  • Claims advocacy with experienced claims consultants

  • Claims administration and support

Made-to-measure service, without compromise

From simple coverage reviews to fully-embedded risk management services, discover the many ways Lockton can help with your insurance needs.

Lockton Global Cyber & Technology Brochure
PDF5554 KB

Lockton Europe Cyber Contacts

Anders
Smedsrød

Vice President
+47 991 09 982

Latest news and insights

The Information Commissioner’s Office (ICO) made it clear upon introduction of the UK GDPR, referred to as the Data Protection Act 2018 (DPA 2018), that the regulation was not a tool to punish, but rather its goal was “guiding, advising and educating organisations…preferring the carrot to the stick.” However, with significant maximum fines of 4% of annual turnover or GBP 17.5million, many businesses have sought to transfer this risk to insurance products.  Five years of GDPR: UK insurance considerations

Cryptocurrency insurance – best practices for custodians

The advantages of cryptocurrencies continue to draw interest from investors and businesses, creating demand for crypto-related services. As the market evolves, underwriters are becoming increasingly sensitive to the risks involved in the custody and management of cryptocurrency and other digital assets. Firms seeking to insure themselves against such risks must ensure they have robust mitigation measures in place to alleviate concerns.The advantages of cryptocurrencies continue to draw interest from investors and businesses, creating demand for crypto-related services. As the market evolves, underwriters are becoming increasingly sensitive to the risks involved in the custody and management of cryptocurrency and other digital assets. Firms seeking to insure themselves against such risks must ensure they have robust mitigation measures in place to alleviate concerns.

Aligning employee benefits with your corporate ESG strategy

Businesses are repositioning themselves in the market by adjusting their operations and service offering to better reflect society’s rapidly evolving expectations regarding environmental, social and governance (ESG) standards. Employee benefits should not only reflect these values but also amplify them to improve the company’s image and reputation and attract and retain the right talent.Businesses are repositioning themselves in the market by adjusting their operations and service offering to better reflect society’s rapidly evolving expectations regarding environmental, social and governance (ESG) standards. Employee benefits should not only reflect these values but also amplify them to improve the company’s image and reputation and attract and retain the right talent.

Learnings from five years of GDPR in the UK

Following introduction in 2018, the General Data Protection Regulation (GDPR) has significantly impacted how companies collect, store and process data. Pivotal in influencing privacy regulations across the world, the legislation has received significant attention due largely to the fines that businesses could face as a result of non-compliance. Following introduction in 2018, the General Data Protection Regulation (GDPR) has significantly impacted how companies collect, store and process data. Pivotal in influencing privacy regulations across the world, the legislation has received significant attention due largely to the fines that businesses could face as a result of non-compliance.
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