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SECURE CYBER INSURANCE PROTECTION FOR AS LITTLE AS R150 pm
Premium protection priced perfectly
Contact Our Specialist Consultants
The Critical Need for Cyber Insurance in SMEs
In today's digitally-driven business environment, small and medium-sized enterprises (SMEs) are not immune to the growing threat of cyber attacks. Ironically, their often-limited cybersecurity measures make them an attractive target for cybercriminals. It is no longer a question of if a cyber incident will occur, but when. This realization highlights the essential role of cyber insurance as a protective shield for SMEs against the digital age's multifaceted threats.
What is Cyber Insurance?
Cyber insurance is a specialized product designed to protect businesses from the repercussions of cyber incidents, such as data breaches, network damage, and business interruption caused by cyberattacks or system failures. In an age where data is king, this insurance acts as a safeguard, ensuring that businesses can recover and continue operations with minimal disruption.
Is Cyber Insurance Affordable?
Understanding the budget constraints typically faced by SMEs, together with our underwriters we have meticulously crafted a cyber insurance plan that balances comprehensive coverage with affordability. We recognize that while the most extensive coverage options carry a significant price and come with demanding data protection requirements, they may not be feasible for every business. That's why we take pride in offering a cost-effective yet robust cyber insurance solution tailored to fit the financial realities of SMEs. Our approach ensures that every small and medium-sized business can fortify their digital operations without breaking the bank.
About Gibraltar
Company Legacy
Rooted in Medrisk's respected foundations, Gibraltar surfaced as a response to the increasing need for specific short-term insurance solutions. This evolution was a thoughtfully designed reaction to the escalating call for specialized short-term offerings—a proficiency that Medrisk, our overarching division, is renowned for. With this strategic divergence, Gibraltar establishes itself as a unique legal entity, inheriting Medrisk's deep-seated tradition of trust and expertise, steadfast in providing unparalleled short-term insurance experiences to all our customers.
Purpose and Principles
Our unwavering purpose lies at the heart of Gibraltar – shedding light and offering peace of mind in the often complex realm of insurance. We are steadfast in crafting solutions that illuminate instead of perplex, closing the gap between necessity and understanding.
Our principles are engraved in the guarantee of uncompromising excellence that exceeds mere transactional interactions. We are dedicated to fortifying businesses with robust coverage, allowing them to remain laser-focused on their primary objectives. Gibraltar is more than just an insurance provider; we're a staunch ally armed with the foresight to safeguard your pursuits from unforeseen challenges.
We are committed to upholding these doctrines:
Transparency: Clarifying the complexities of insurance agreements.
Peace of Mind: Giving our clients complete confidence in their coverage.
Concentration: Allowing businesses to remain focused on their mission, free from the disruption of coverage concerns.
Support: Standing side by side with our clients as they carve trajectories towards success.
Why Cyber Protection?
Over 200 million cyber threats detected in the last year alone, mostly relating to ransomware and business email compromise.
Cyber threats are the third highest business risk after unstable power supplies and labour disputes in South Africa.
Gibraltar: Champion
Gibraltar is here to champion the robust spirit of business, guard the enterprises daring to explore new territories, and ultimately, applaud the victories of goal-achievers in times of uncertainty.
Our Solutions
Cyber Starter Package
This package is for businesses cognisant of cyber threats but constrained by budget, this package offers some safeguard. It includes extensive coverage for third-party liability, legal defence expenses, and data restoration, ensuring your peace of mind.
Cyber Standard
Designed for small and medium-sized enterprises (SMEs) prioritizing cyber security, our package offers comprehensive protection beyond basic insurance against cyber threats. Policyholders gain access to a suite of benefits, each with predetermined insured limits, ensuring robust coverage
Cyber Max
This package is tailored for discerning clients seeking customized solutions. Businesses have the flexibility to select necessary benefits, discarding what's irrelevant. A bespoke approach ensures precise alignment with each client's unique requirements.
from
R149
per month
R2.5 Million Indemnity Limit
3rd Party Liability
Data Restoration Cost
Legal Defence Costs
Fines & Penalties (Max benefit of 100k)
Free Directors & Officers Cover
Cyber Standard
Most Popular
from
R686
per month
-
As per Starter (Excluding D&O Cover)
-
R2.5 Million Indemnity Limit
-
24hr Response
-
Cyber Extortion ( 10% of total Indemnity limit)
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Fraudulent Fund Transfer
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Regulatory Expenses & Penalties
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Overall Benefit can be Increased or Decreased
Tannery Office Park, 21 Belmont Road Office 8, West Block, Rondebosch, Cape Town, 7700