Organizations using the Sophos MDR service that have Cysurance’s requisite security controls in place automatically qualify for the Cysurance Certification and Certified Cyber Insurance programs, providing two layers of protection against incident remediation and recovery expenses.
Cysurance Certified Insurance Program: Provides up to AU $5 million in cyber insurance coverage, including full limits, first and third-party expenses, business continuity and disaster recovery plans.
Cysurance Certification Program: Reimburses up to AU $200,000 in remediation and recovery expenses in the event of a ransomware incident, inclusive of breach notification costs, compliance and regulatory penalties, and business income loss.
In the event of a ransomware incident, the Certification program is activated first. Once exhausted, the Certified Cyber Insurance responds to cover additional remediation expenses.
In the event of non-ransomware and business continuity events, the Certified Cyber Insurance responds immediately.
Insurance offered by Cysurance, LLC. DE License 3000712359. Canopius is a marketing name used to refer to subsidiaries providing insurance and related services. Insurance provided by Canopius Asia Pte Ltd. All products may not be available in all regions. This communication contains product summaries only. Coverage is subject to the language of the policies as actually issued. Nothing herein should be construed as involving the sale, solicitation or negotiation of insurance or the provision or offer of insurance services.
EXCEPT AS OTHERWISE PROVIDED, THE POLICY ABOVE PROVIDES COVERAGE ONLY FOR THESE CLAIMS THAT ARE FIRST MADE DURING THE POLICY PERIOD AND REPORTED TO UNDERWRITERS DURING THE POLICY PERIOD OR AS OTHERWISE PROVIDED IN THE POLICY. DEFENSE COSTS ARE PART OF, AND NOT IN ADDITION TO, THE STATED LIMIT OF LIABILITY.
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