AIG Cyber Insurance Protection
If your cyber defences are breached, AIG will help you get back to business as usual.
Industries that will benefit from CyberEdge include all commercial entities and financial institutions.
A Trusted Partner
AIG has been protecting companies against cyber risks since the late 1990s when the cyber insurance industry was in its infancy. AIG has underwritten thousands of cyber risks policies. AIG has the experience of handling cyber-related claims for over 15 years, and helping some of the largest companies as well as over 20 million individuals respond to big data breaches.
Ahead of the Curve
Constantly monitoring the cyber landscape, AIG stays at the forefront of the industry as cyber risks continue to evolve. AIG’s innovation becomes our clients’ protection. Companies have the flexibility to tailor coverage options to ensure they are able to promptly respond and prevent future or more costly damages.
Designed Especially around the Risk
CyberEdge is designed to respond to a variety of cyber risk exposures not covered under conventional insurance policies.
Preventing the Domino Effect
CyberEdge is a comprehensive risk management solution for cyber insurance offered by AIG. In a rapidly changing landscape, CyberEdge provides innovative protection to help businesses safeguard against sensitive data breaches (personal and corporate data), computer hacking, dumpster diving, computer viruses, employee sabotage or error, pilferage of information, security failures, business interruption and identity theft.
AIG CyberEdge teams located around the world are responsive and react quickly to give guidance when needed, from assessing your needs to processing your claims. With CyberEdge, you have instant access to some of the best and most experienced claims specialists and other strategists to advise you when you need it. The strong relationships we have with vendors, including forensic, legal, and communications partners, ensure rapid support.
Cyber Insurance Introduction
About Cyber Security Breaches
For small to multinational companies in all industries with a minimum revenue/turnover/fee income of at least US$100,000 per annum. The specific terms, conditions and exclusions applicable to this insurance are as set out in the policy.
- Personal Data Liability – Breach of personal information/data protection laws
- Corporate Data Liability – Breach of corporate information
- Outsourcing Liability – Breach of personal or corporate information by an external vendor where the company remains legally liable
- Data Security Liability
- Defence Costs
- Data Administrative Investigation
- Data Administrative Fines
- Notification & Monitoring Costs
- Repair of the Company’s and Individual’s Reputation
- Electronic Data
- Pro Active Forensic Services
- Data Crisis Response Services
- Media content
- Cyber Extortion
- Network Interruption Insurance