This piece makes the case for cyber insurance as part of a sensible risk strategy — cover for the costs of an incident, from recovery and legal fees to business interruption. But there’s an important catch worth understanding.
Why it matters
Insurers now expect real security controls before they’ll offer cover, and before they’ll pay out: MFA, backups, patching, endpoint protection and often Cyber Essentials. Poor security can mean higher premiums, exclusions or a declined claim.
So insurance and good security go hand in hand — the work you do to get covered is the same work that reduces your risk of needing to claim. We help clients meet insurer requirements and evidence the controls, which often lowers premiums too.
Source: ITPro, 3 April 2026.