SOLUTIONS | PROPERTY | LOSS ADJUSTING + CLAIMS ADMINISTRATION

Cyber

Taking care of your people and infrastructure in the digital era.

What we do

The risk of financial loss, business interruption or reputation damage from a failure or breach of IT systems becomes more significant every year.

Claims related to such cyber events vary and can trigger a number of different policies. Sedgwick has experience in this emerging risk arena and the expertise necessary to conduct full loss investigations, exposure and coverage interpretation, and final claim adjustments.

All types and sizes of organizations are at risk of cyber events.

Why choose Sedgwick?

A unique approach to an everyday risk

Effective cyber claims handling requires a planned, thoughtful and immediate response. Sedgwick has the tools and resources needed to identify, respond to and mitigate potential exposures. We work with forensic accountants and IT experts to complete thorough investigations.

24/7 loss notification service.
Worldwide multi-disciplined experts, including chartered technologists and engineers, lawyers, forensic computer specialists and chartered accountants.
Customized cyber claims solutions tailored to your needs.

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Global – Cyber claims and mitigation solutions

NEWS AND INSIGHTS

November 07

In plain sight

With so much focus on the considerable cyber threats that organizations face today, it can be easy to overlook the bricks and mortar risks, which remain as significant as ever. Martin Allen-Smith, global technology specialist practice group leader, explores the key considerations. Click here to read the full article. This article is on page 18 […]

October 18

RIMS president: risk managers should ‘think global, act local’

October 15

Big Question: Which specialty insurance lines present the biggest opportunities?

July 23

Insurers’ losses from global IT outage could reach billions

June 20

10 Ways Employees Are Sabotaging Your Cybersecurity Stance

May 07

FDA continues its focus on cybersecurity in medical devices

In an increasingly digital society, cybersecurity is a concern for all industries. However, for the medical device sector the risks from cyber threats are even greater given that cyberattacks can put patients’ lives at risk. The U.S. Food and Drug Administration (FDA) has made addressing those risks a priority in the past several years as […]

March 20

Cyber business interruption claims: the unique challenges of the digital realm

Asia is home to more than half of the world’s internet users. Businesses are leveraging Asians’ online activity to make inroads to new and existing customers, create new products, and make processes more efficient. The benefits of this opportunity are accompanied by unique risks not addressed by traditional business interruption (BI) insurance policies. However, they […]

December 06

Insurance and indemnity: what policyholders need to know about cyber losses

In the insurance space, the concept of an indemnity period specifies the time frame for which the policyholder (insured) can claim compensation for financial losses resulting from an insured event. It serves as a boundary for the coverage provided by the insurance, limiting it for business interruption (BI) losses to the lesser of when the […]

December 01

Tackling transportation thefts in France

After several difficult years, many of the logistical issues that have impacted global supply chains are starting to stabilize. However, cargo theft remains a concern. With persistent inflation and other economic pressures, the phenomenon requires a mobilization of all parties involved in the transportation of goods. Even if the vast majority of shipments are without […]

August 04

Cybersecurity threats in the medical device sector

As technology rapidly evolves, cybersecurity has become indispensable in many industries. As the risk of cyberattacks infiltrates the healthcare industry, U.S. Congress is pressured to take action. As a range of medical devices — IV pumps, MRI machines, heart rate monitors — advance to be able to connect to digital networks, they are increasingly vulnerable […]

February 03

Imagine the possibilities at PARMA 2023

By Jon Paulsen – VP, self-insurance pooling administration; Jody Moses – managing director, client services; Kimberly George – global head, innovation and product development The Public Agency Risk Management Association will celebrate its 49th annual conference February 7-10 in Sacramento, California. An array of stakeholders with expertise in workers’ compensation, liability, risk management, insurance and health/safety […]

January 27

Data privacy and protection: balancing your approach to cybersecurity risk

By Eric Schmitt – chief global information security officer and Brenda G. Corey – SVP compliance & regulatory In a world increasingly concerned with privacy and protection, companies must balance their awareness of risk with compliance amid rapidly changing regulations. From a data protection standpoint, over the past 24 months, there has been an increased […]

January 09

Cybersecurity threats in the automotive industry

by Wayne Mitchell, global director, sales and marketing In the past decade, legislators and federal agencies have introduced legislation to counter cyberattacks across many industries, including automotive. With the rise of autonomous vehicles, a variety of concerns have been laid out as several third-party researchers have been able to publicly identify weak points in these […]

November 24

FERMA recap: looking at new and unanticipated risks

By Tobias Walter, chief executive officer, Sedgwick Germany; Stewart Steel, chief executive officer, Sedgwick Europe Middle East & Africa; Caroline BRUN, directrice commerciale et marketing, Sedgwick France; James Norman, business development director, Sedgwick International; Jeroen Fröhlich, chief executive officer, Netherlands, Sedgwick International Last month, several of our experts attended the FERMA Forum in Copenhagen. The […]

October 19

Understanding conduct risk: a prerequisite for growth

By James Norman, International business development director As we navigate reoccurring global events and uncertain times, insurance continues to play a critical role in risk transfer — providing assurance and allowing organizations to continue business as usual. Covers like business interruption (BI), cyber, trade credit and political risk may come to mind. With a greater […]

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