Cyber Insurance

Insurance that delivers more than just coverage

Companies must protect their assets and brands from the growing scourge of cyber attacks. Ridge Canada, together with leading Lloyd’s of London syndicates, offers best-in-class informed assessments aligned to cyber insurance creating a superior integrated risk management and insurance offering.

The Ridge Methodology™ identifies specific threats and vulnerabilities, and enables you to take risk-reducing corrective action that may reduce insurance premiums allowing leaders to understand the return on investment within an informed end to end tailored cyber protection strategy.

Coverage is offered through Ridge Canada and is combined with segment-specific risk management and other pre-breach services to ensure that organizations efficiently and effectively create a culture of cyber resiliency that is managed to the highest standards.
Ridge Canada recognizes that there are different drivers within markets based on size and exposure and addresses that through approaching solutions within the following basic segmentation.

Organizational Profile
ENTERPRISE PLUS Focused on large-cap organizations (private and public). A technology-focused underwriting process that will bring both cost savings, and rate flattening to large Canadian organizations.
ENTERPRISE Mid to large cap (private and public) solution. Hybrid or traditional underwriting options available.
PRO Typically organizations with revenues less than $50 million. Flexible, short-form application, and access to preferred vendors in regards to claims handling.

Our policies are designed for each insured to reflect their industry-specific risks as well as to be directly informed by the assessment and risk management activities that have occurred. Some policy highlights include:

  • Limits up to $50 million
  • Liability coverages available include Privacy Liability (Including Employee Privacy), Security Liability, and Multimedia Liability
  • Extensive offering of expense coverages available for costs the business incurs as the result of a breach
  • Ongoing monitoring and risk management
  • Bespoke offerings for a broad array of industries
  • Customizable language for specific client requirements
  • Worldwide coverage
  • Multi year terms available

To request a cyber insurance quote click here.

For more information call or contact us via the form below.