cyber-istock-488221194-matejmo-4
5 September 2019Insurance

New Dawn Risk launches SME focused cyber attack product

New Dawn Risk is offering a new segmented product aimed at covering the risk of cyber attacks in the UK.

The company said it can be delivered through an online platform to small and medium-sized enterprises, or face-to-face to larger businesses or those with more complex needs.

Max Carter, CEO of New Dawn Risk, said: “The SME segment in the UK is as prone to a data breach or cyber attack as larger businesses, but finds it much harder to buy the right cover for their needs. Our objective is to make dealing with a complex risk as simple as possible.”

The company highlighted key features of the product as immediate access to a cyber response manager who will coordinate appropriate experts in several areas including IT crisis management, forensics, PR, legal, regulator and data subject notification.

New Dawn Risk says the product has been designed with low premiums, no hidden charges and free cancellation.

Tom Malcolm, head of UK cyber at the company, said: “Businesses of every size and in every industry that hold sensitive information on their employees and clients, or rely on computer systems to operate their business, are at risk. Insurance – in conjunction with cyber awareness and security – is a vital element of protection.”

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

Brexit to erode London's market dominance in Europe 'to tune of £61bn'
Technology firm Tremor raises $10m and expands reinsurance offering

RKH seeks marine expansion beyond the hub of London

​​AXA XL looks to develop new UK coverholder commercial strategy

PCS rolls out catastrophe loss index for Mexico

Masojada pleased to find new group CUO of Hiscox after a 'thorough search'

Marsh attracts industry experts to leverage emerging tech such as blockchain, crypto

Feature:  10 ways insurers are using insurtech to drive new business

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
17 September 2019   Specialist insurance intermediary New Dawn Risk Group has appointed James Bullock-Webster as head of technology, media and cyber.
Insurance
10 September 2019   Specialist insurance intermediary New Dawn Risk Group has hired Dermot Dick, most recently chief underwriting officer at Emirates International, to build out its treaty team.