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Cyber Liability Insurance explained

Cyber Liability Insurance explained

Majority of businesses rely on computer and data technology and as a result are frequently exposed to cyber risk. Types of cyber risks include, identity theft, data breach and cyber-attacks.

Identity theft occurs when a business owners private information is used for fraudulent loans or crime. A perpetrator can access loans in your name just by knowing your driver’s license number or your social insurance number.

Data breach occurs when data is stolen, accidentally made public or lost.

A cyber attack is defined as a malicious and calculated attack on a computer system or network.  The purpose is to hack, disrupt, damage or gain unauthorized access to the system or unlawfully deny access to the system. Once an attack occurs, at risk is the confidential information in the system.  For example:
  • Credit/debit account numbers
  • Driver’s license information
  • Social insurance numbers
  • Email addresses
  • Medical and healthcare information
  • Other sensitive personal information (e.g., passport numbers)
  • Information about employees
  • The company’s reputation

A cyber liability policy covers financial losses that result from these events. 

  • Rasoul K.

    What our clients say

    After talking to many different insurance companies, I spoke to Ensurco New Business Team. They returned my call quickly, provided the best rate and helped me set up a home insurance policy within an hour. Great service!

    Rasoul K.
  • Edward L.

    What our clients say

    I recently sent Ensurco an email requesting changes to my auto policy. I got a quick response. All the changes were completed in a timely manner and I received a detailed email with my billing schedule attached.

    Edward L.
  • Maria L.

    What our clients say

    Amazing staff to deal with. Very fast and efficient. My broker explained the difference between condo insurance and condo corporation insurance.  Thank you!

    Maria L.
  • Michelle B.

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    I was in a time crunch to get an auto application done on a Friday afternoon as I was picking up a new car. I called my customer service rep at Ensurco and she was able to get me a quote, provide an application and even send confirmation to my dealer with a liability slip. Keep up the good work.

    Michelle B.
  • Kelly S.

    What our clients say

    As a high risk driver, I was looking for a good rate as well as good coverage. I spoke to an Ensurco broker who helped me set up a 6 month policy so that I can eventually move to a regular market at less premium. You guys came through when no one else cared.  Thank you so much for your help. :)

    Kelly S.
  • Mark C.

    What our clients say

    When my son and I decided to travel to Calgary for a week, I called my broker at Ensurco who was able to provide me with great coverage at a really good price. I got my travel documents by email within 10 minutes. Exceptional timing!

    Mark C.
  • Don S.

    What our clients say

    Claims service! Most people dread talking to an insurance company or broker to report a claim. But I recently called my insurance broker at Ensurco about a possible water damage claim. He was able to guide me through the process.  The decision was mine as to whether or not I would proceed with the claim.  If so, he explained that he could connect me directly with the insurance company adjuster and resolve the issue. Great advice and great service.  Thanks Ensurco!

    Don S.


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