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Our Approach

Cyber and cyber-led technologies are very much a part of our everyday lives. This maxim holds true for both individual and corporate users alike, with one of these being more susceptible to attacks than the other.

Cyber-insurance is a risk management solution, used to protect businesses and individual users from internet-based risks, risks relating to information technology infrastructure and its associated activities. Risks of this nature are typically excluded from traditional commercial liability policies.

Typical coverages provided by a cyber policy may include:

  • first-party coverage against losses such as data destruction
  • extortion
  • theft
  • hacking
  • and denial of service attacks

Recent cyber-attacks have had significant financial ramifications and reputational inferences for some of the world’s largest corporations and high-street businesses alike; reaffirming the necessity of each business irrespective of size, to address the existence of cyber threats and how they must be addressed and managed.

No business is invulnerable from the danger of a cyber-attack. It is estimated that nearly 1 in 2 (that is almost 50%) of UK firms lack robust cyber defences. Needless to say, that given the right incentive, defences of a robustly protected system can be breached knowingly or unwittingly by anyone. There are many news stories available to attest to this fact.

Even so, many businesses continue to believe that traditional insurance policies such as Professional Indemnity and Commercial Crime insurance will provide cover for losses arising from cyber related incidents.

Like any policy, a Cyber liability policy is an invaluable tool to have within your risk management portfolio/toolbox, particularly where first party losses are concerned and where immediate access to specialist expertise is required to mitigate a loss.

That’s why, on some policies, we are able to source cyber solutions that cover – cyber terrorism, costs of damage to data or programs and multimedia liability – for firms which meet underwriter’s criteria.

Underwriter’s criteria

Established law firms in England and Wales with good claims and disciplinary records including:

– Firms with up to 20 partners

– Small firms with under five partners

– Sole practitioners

– Start-up firms

– Any company with up to £600M in revenue can be considered for cover.

Only industry exclusions are:

– Payment Processors

– Direct-Marketing companies

– Internet Service Providers

– Companies providing interactive consumer healthcare information websites


  • Privacy
  • Network security
  • Technology liability
  • Business interruption
  • Cyber terrorism
  • Reputational risk
  • Internet/On-line media liability
  • Intellectual property
  • Identity theft
  • Cyber extortion
  • Electronic payment transactional fraud
  • Merchant data theft
  • Financial Institutions
  • Hospitality and leisure
  • Other service industry
  • Manufacturing
  • Technology
  • Transportation
  • Travel Industry
  • Telecommunications
  • Utilities
  • Retailers
  • Logistics
  • Entertainment
  • Education


Scholar and Partners believe that the standard Cyber policy offered by some has shortcomings and could be financially inefficient and narrow for those clients with specific business operations or large business portfolios who are seeking to minimise their premium expenditure. Therefore, to address these limitations, we have access to a competitively priced Cyber insurance cover 100% underwritten and backed by “A-rated” Insurers at Lloyd’s of London. For firms which meet underwriter’s criteria, this scheme has a number of benefits and pricing advantages, which are summarised and detailed in the titled section What’s Covered.


Breach costs
Costs for damage to data or programs
Insured’s network failure - income loss and extra expense
Cyber extortion and ransomware
Network security, privacy and confidentiality liability
Network security, privacy liability (regulatory)
Multimedia liability
Cyber terrorism
Payment card industry data security standard
fines penalties and assessments
Price-match available for target business


  • Outsource service provider or cloud service provider failure - Income loss and extra expense.
  • e-Theft
  • Nuclear, Chemical, Biological or Radioactive contamination
  • Information Technology
  • Asbestos
  • Nuclear Installations
  • Confiscation
  • Pollution unless from an act of terrorism or sabotage
  • Emotional distress unless as a consequence of physical injury
  • Strikes, riots or civil commotion unless caused by an act of terrorism
  • War


Next Steps…

Please feel free to contact us via the ‘contact sheet‘, and one of our friendly Scholars will be able to assist you with any query at a time convenient to you. Requesting a quote? Our Scholar can help you with that too.

Contact a Scholar

Additional solutions for your business?

Cover not listed? Let one of our dedicated Account Manager know your insurance needs and we can discuss all of the available options at a time convenient to you.