Record number of IASME Cyber Essentials Cyber Liability Insurance Policies issued
October 09, 2017 | By vicki
In our capacity as an IASME Cyber Essentials Certification Body, Assure Technical customers who successfully achieve accreditation, are automatically provided complimentary Cyber Liability Insurance (terms apply).
For the first time in a rolling 12-month period, over 1000 SME customers were certified with IASME Cyber Essentials and it’s associated cyber insurance.
Since the Cyber Essentials scheme began in 2014, IASME, a principal accreditation body for the government backed scheme, has led the way in certificating businesses to Cyber Essentials. IASME joined forces with Sutcliffe & Co at the start to offer included cyber insurance cover to UK based SMEs, once Cyber Essentials Certification had been achieved. This last 12 months has seen the greatest uptake in both the certification and the insurance.
The Sutcliffe & Co insurance package for qualifying SMEs is at the heart of the IASME Cyber Essentials offering. Dr Emma Philpott of IASME Consortium commented: “Providing this cyber insurance package to SMEs is very important to us. The insurance element provides businesses and their customers with added peace of mind and we are delighted to have reached such a significant milestone.”
Duncan Sutcliffe, director Sutcliffe & Co, added: “Working to attain Cyber Essentials certification through IASME shows that a business is already committed to safeguarding their IT systems; the cyber insurance we can then provide for the eligible companies adds an extra level of safeguarding that may not necessarily be procured otherwise. This is beneficial for both the certified business and their supply chain.”
Cyber Essentials is recommended by a number of trade bodies, including the FCA, Institute of Chartered Accountants IEAEW and the Law Society; with an increase in the number of cyber security attacks, a combination of safer cyber security practices and appropriate insurance are key for today’s businesses to survive and grow.
Pete Rucinski, MD of Assure Technical concluded: “With the number of prime businesses across the UK seeking the reassurance of Cyber Essentials certification throughout their own supply chains, it seems highly likely this major milestone will soon be surpassed!”
Visit our Cyber Essentials page, or give us a call on +44(0)1684 252 770 for more information.