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Cyber Insurance

Protect your business from data breaches, ransomware attacks, and digital liability.

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Why Your Business Needs Cyber Insurance

Cyberattacks are no longer a concern only for large corporations. Small and mid-sized businesses are increasingly targeted. A single ransomware attack or data breach can cost hundreds of thousands of dollars.

CrownRidge can connect you with cyber insurance policies that cover the real costs of a digital incident.

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Industry Insight

The average cost of a data breach for a Canadian small business exceeds $100,000 when you factor in notification, legal, IT recovery, and lost business costs.

What's Covered

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Data Breach Response

Covers notification costs, credit monitoring, and crisis communications after a breach.

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Ransomware & Extortion

Pays ransom costs and recovery expenses following a ransomware attack.

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Cyber Liability

Third-party liability for claims arising from your failure to protect client data.

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Business Interruption

Replaces lost income during downtime caused by a cyber event.

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System Restoration

IT and forensic costs to restore compromised systems.

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Regulatory Fines

Coverage for penalties imposed under PIPEDA and other privacy regulations.

Who Needs Cyber Insurance?

Any business storing customer data
E-commerce businesses
Healthcare & medical offices
Financial services firms
Tech companies & SaaS providers
Professional service firms

Frequently Asked Questions

Is cyber insurance really necessary for small businesses?+
Absolutely. Small businesses are targeted more frequently because they tend to have weaker security.
What does cyber insurance actually cover?+
A typical policy covers breach notification costs, credit monitoring, IT forensics, legal fees, regulatory fines, ransomware payments, and lost income.
Does my general liability policy cover cyber incidents?+
No — standard general liability policies exclude cyber events.

Questions About Your Coverage?

Our licensed brokers are ready to help you find the right fit.