Design Highlights
- CFC’s new broker tool emphasizes proactive measures against rising cyber threats, fostering a culture of vigilance among brokers and their clients.
- The tool provides detailed insights on specific threats, helping brokers identify vulnerabilities and advocate for necessary cybersecurity measures.
- By offering side-by-side comparisons of insurance costs, the tool clarifies the financial implications of cyber threats, empowering informed decision-making.
- Enhanced communication features within the tool enable brokers to respond swiftly to incidents, minimizing potential damages for clients.
- CFC’s commitment to ongoing education and support ensures brokers are equipped to address evolving cyber challenges effectively.
CFC is shaking things up with its new broker tool for cyber threats, and it’s about time. The digital age is a minefield, and businesses—especially SMEs—are getting hit hard. Enter CFC‘s Cyber Threat Review Reports. These reports are not just your run-of-the-mill data dumps. They deliver focused, bite-sized analyses tailored to individual clients. You know, instead of overwhelming them with a mountain of irrelevant information.
CFC’s Cyber Threat Review Reports deliver tailored insights, helping SMEs navigate the digital minefield without drowning in irrelevant data.
Each report zeroes in on specific threats and vulnerabilities, highlighting what could actually cost a business its livelihood. Talk about being proactive!
And let’s be real, insurance can be confusing. Enter CFC’s side-by-side cost comparisons of free cybersecurity services versus premiums. Finally, brokers can show clients why spending on insurance isn’t just a bottomless pit of cash. They can actually illustrate potential ransomware losses across various categories, showing just how much not being insured could hurt. It’s like showing a kid why eating kale is better than candy.
But wait, there’s more! The CFC Response App is getting some serious upgrades. A redesigned interface? Check. Personalized cyber threat alerts? You bet. It’s like having a personal assistant dedicated to keeping businesses safe. Each alert provides immediate notifications to the CFC cybersecurity team on potential incidents. With direct incident reporting capabilities, users can quickly notify specialists during a crisis, ensuring a swift response.
With access to free cybersecurity tools like dark web monitoring and phishing simulations, policyholders can finally feel like they’re armed for battle. Plus, if a crisis hits, they get a callback from a cybersecurity expert within 15 minutes. That’s right—fifteen minutes!
Then there’s the Cyber Proactive Response (CPR) product. CFC is flipping the script and prioritizing prevention over reaction. With 30 enhancements, including the removal of six pesky policy exclusions, they’re setting the bar for cyber insurance.
Interim business interruption payments? AI event coverage? It’s like a buffet of benefits for businesses, especially those raking in up to £250 million. Just as renters need to calculate replacement value to determine adequate coverage, businesses must assess their true cyber risk exposure to select appropriate protection levels.
Let’s not forget about CFC’s market position. Backed by Lloyd’s, they offer solid policies with no deductibles on initial incident costs. They handle over 2,000 cyber claims yearly with a team that knows their stuff.
In a world where cyber threats are on the rise, CFC’s new broker tools are a welcome shake-up. They’re not just selling insurance; they’re empowering brokers and their clients to face real challenges head-on. No more complacency. It’s time to get serious about cyber risks, and CFC is leading the charge.
