The Growing Cyber Risk for Residents’ Management Companies – cover from only £120
In 2018, the UK Government estimated that the cost of cybercrime to the UK economy around £27 billion.
Property Managers, Residents’ Management Companies and Right to Manage companies could be forgiven for believing that they are unlikely to be the targets of such incidents. However, recent studies have shown that UK small businesses (up to 50 employees) suffer over 65,000 attempted cyber-attacks every day, with hackers’ successfully penetrating IT networks every 19 seconds on average.
Small businesses and Residents’ Management Companies are now widely viewed within the Cyber Security industry as the ‘low hanging fruit’ for cyber criminals- chiefly due to their traditionally moderate IT security budgets and reliance upon third-party providers.
The high volume of sensitive owner information usually stored and processed means that cyber insurance should be viewed as an essential tool in your day-to-day operations.
Traditionally, cyber policies were very expensive to buy, and it was even more difficult to understand what they covered.
Our award-winning cyber insurance product will cover you against all the key digital and online risks your business could face, starting at just £10 a month.
We provide access to third-party experts with the knowledge and experience to get you up and running again if you do experience an incident and you also gain access to the tools and training services required to minimise the potential loss of a cyber breach.
Protect your business’ information, your customers, clients and all of your online data with a cyber insurance policy you can truly rely on.
Why choose us?
Specialists in the Market| Extensive Cover | 24 Hour Helpline
We provide a range of specialist flats insurance policies designed specifically for all types of blocks of flats and apartments- whether you need insurance for a purpose-built block of flats, or a building converted into a block of flats – we can provide a specialist insurance policy to suit your needs.
We provide cyber liability insurance for anyone who manages insurance for flats and apartments so, whether you’re a Residents’ Association, Residents’ Management Company, Freeholder, or Managing Agent, we’d love to hear from you.