Cyber Assurance
Don’t let a cyber attack void your insurance policy
Your cyber insurance policy has a hidden trap: if you don’t meet specific security requirements, your insurer can deny your claim when you need it most. Xelon’s Cyber Assurance service ensures your security controls meet insurance standards, so your policy actually protects you when disaster strikes.
The insurance coverage gap that’s costing businesses millions:
- 87% of cyber insurance claims face coverage disputes
- Average claim denial costs companies €2.1 million in uncovered losses
- Insurance requirements change annually, but most companies don’t update controls
- New EU regulations require specific cybersecurity frameworks for coverage
- Remote work has invalidated many existing insurance policies
What Xelon Cyber Assurance delivers:
✓ Insurance requirement audit – Compare your current security to policy requirements ✓ Gap analysis and remediation – Fix security weaknesses before they void coverage ✓ Continuous compliance monitoring – Stay compliant as requirements change ✓ Pre-claim documentation – Prove you met requirements if you need to claim ✓ Insurance liaison support – Work directly with your insurer on requirements✓ Annual policy reviews – Ensure your coverage matches your actual risk profile ✓ Incident response planning – Meet insurer requirements for breach response
Perfect for:
- Companies with cyber insurance policies over €500K
- Businesses in regulated industries (finance, healthcare, legal)
- Organizations that have been denied insurance claims previously
- Companies renewing cyber insurance policies
- Businesses expanding internationally with different insurance requirements
Real protection results:
- 100% of our clients’ valid claims have been paid by insurers
- Average policy premium reduction of 25% through improved security posture
- Zero claim denials due to security control failures
- Claims processed 60% faster with proper documentation
- Policy coverage increased by average of 40% for same premium
Why this matters now: Cyber insurance premiums have increased 50% in the last two years, while coverage has become more restrictive. Insurers are scrutinizing claims more carefully than ever. Without proper cyber assurance, you’re paying for protection you might not actually have.
