Cyber

Cyber insurance covers the financial consequences of a cyberattack, data breach or intrusion into the company's systems.

For a transport company, that includes tracking systems, TMS and customer data. For a construction company, it increasingly covers site-management software, billing data and exchanges with subcontractors. Cover typically includes technical remediation costs, notification to authorities and affected customers, business interruption from system downtime, and liability if a third party is harmed by the breach.

It is a fast-growing risk in both sectors as operations digitise, while cyber culture often lags industries that were digital from the start.

McLer assesses each client's cyber maturity to size the cover and avoid generic policies poorly matched to the real risk.