Home / Resources / Cyber Insurance Readiness
What insurers look for and how to meet their requirements. Get coverage at better rates.
Cyber insurance has become essential for many businesses. It transfers some of the financial risk from breaches, ransomware, and data loss. But insurers have become selective. Applications that were rubber-stamped a few years ago now face detailed questionnaires and technical requirements.
Insurers have learned from paying claims. They know which security controls actually reduce risk. They price policies accordingly. Businesses with strong security pay less. Those without adequate controls may not get coverage at all.
Most cyber insurance applications now ask about these specific controls.
Insurance requirements vary by provider and coverage level. Higher coverage limits typically require stronger controls. Some industries face additional requirements based on regulatory expectations or historical claim patterns.
The good news: these requirements align with good security practice. Meeting insurance requirements improves your actual security posture. You are not just checking boxes; you are reducing real risk.
Application questions must be answered truthfully. Claims can be denied if insurers discover you misrepresented your security controls. If you cannot answer yes to a requirement, address the gap before applying. Lying on applications creates worse outcomes than higher premiums.
We work with you to meet insurer requirements and improve your security posture.
We review your current controls against common insurer requirements. This reveals exactly where you stand and what needs attention before applying for coverage. No surprises when you complete the application.
The assessment covers all the areas insurers care about: authentication, endpoint protection, backup procedures, patching, email security, and access controls. You get a clear picture of your readiness.
We deploy and configure the required controls. MFA across your environment. EDR on your endpoints. Proper backup procedures with tested recovery. The technical work to meet requirements, done right the first time.
Insurers want evidence. We help document your policies, procedures, and controls. Written incident response plans, training records, configuration documentation. Everything you need to support your application and any future claims.
Requirements must be maintained, not just achieved once. As your managed service provider, we ensure controls remain effective throughout your policy period. When renewal comes around, you can answer those questions confidently again.
Meeting insurance requirements delivers broader value.
Strong controls demonstrate lower risk, and insurers reward this with better rates. The cost of implementing proper security controls often pays for itself in premium savings within the first year or two. Lower premiums are the obvious benefit, but they are just the start.
Well-prepared applicants negotiate better policy terms. Higher limits, lower deductibles, fewer exclusions. Organisations with weak security get restrictive coverage with carve-outs that limit protection when they need it most. Strong security posture gives you leverage.
Perhaps most importantly, these requirements exist because they work. Meeting them genuinely reduces your chances of a successful attack. You are less likely to need that insurance in the first place. And when incidents do occur, documented controls and procedures speed claims processing and avoid coverage disputes.
Already a managed services client? Many of these controls are part of your service. We can provide documentation and evidence to support your insurance applications. Ask your account manager about insurance readiness support.
Cyber insurance is not a substitute for security. It is a complement. Insurance cannot prevent breaches, restore your reputation, or recover the disruption to your business. Good security reduces risk. Insurance transfers the financial impact of residual risk.
We recommend working with an insurance broker who specialises in cyber coverage. They understand the market, know which insurers suit your situation, and can negotiate on your behalf. Our role is ensuring you can answer their questions confidently.
Let us assess your current state and identify gaps before you apply.