E-Commerce Insurance for Online Businesses trading via the Web

Indemnity for claims directly arising from any media event or technology event.

Whether you are a new venture just about to start trading online, or a well established business with a presence on the Web, or if you hold a database of e-mail addresses and client data, you are at risk of being attacked by hackers.

Reliance on IT, information technology has brought with it new risks. Loss or corruption of data can have a debilitating effect on an organisation’s ability to operate and if you are targeted by hackers and subsequently sued for negligent misrepresentation, breach of confidence or misuse of information, the compensation involved could by crippling to your business. On top of this, you will be liable for the costs involved in any potential court battle and any knock-on effects it will have on your company’s reputation could be detrimental to the growth of your business. We can offer a policy that will protect you against all these Cyber risks.

Examples of some of the E Commerce covers available:

• Any breach of confidentiality or rights of privacy.
• Any breach of intellectual property rights.
• Any third parties’ financial losses arising directly from a hacking attack or virus that has emanated from or passed through your computer systems.
• Forensic Investigation costs to source the origin of the virus attack.
• Computer hardware property cover.
• Liability in respect of disparagement, plagiarism and infringement through the use of the Internet and email.
• Professional Indemnity - indemnity for claims arising from a wrongful or negligent act.

These E-risk products may also be referred to as Cyber Liability or Website Insurance, as well as E-Commerce Insurance, and in most cases will offer the same form of cover.

Many online companies are starting to trade from home. Individuals are finding a niche in the market, setting up independent businesses of their own to trade online via websites without the need for paying out on costly office space. We have found many Insurers shy away from offering cover as they don’t fit into the standard ‘office’ or ‘shop’ criteria, but we have access to a bespoke package designed to suit the needs of these small enterprises at very competitive premiums. Please click on the above link to take you through to the ‘working from home’ page to see what covers are available under this product.

"BJP Insurance Brokers worked very hard on our quotations and did a great deal of background research. They were the only company that we felt were competent enough to handle our E-Commerce and General Insurance requirements."