The calculator and the quote form below are in Dutch. Prefer to do this in English? Email info@finassverzekert. nl or call 072 - 509 24 56 and we will take it from there.
Work out for yourself what it would cost.
Enter your details; you will receive a proposal within one working day.
We compare the offerings of several insurers
An adviser checks whether the cover suits your activities
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
In brief
Most of the sites you deliver run on a content management system with third-party plug-ins and themes. That is where the risk lies: not in your office network, but in known vulnerabilities in components you once installed and that have since taken on a life of their own. Anyone exploiting one of them places spam, redirects visitors or takes down a site that is your client's sales channel.
The legal heart of the matter is your maintenance agreement. If you promised updates and security maintenance, then after a hack the question becomes whether you demonstrably did so. A maintenance log per site is your most important document when a claim arises. Without one, the discussion turns to the standard of care in Article 6:162 of the Dutch Civil Code and to what you undertook contractually.
The structure of the cover in three parts, with an overview per situation below.
Immediate help
Incident response
Specialists who look into it within hours.
24/7 reporting line
Forensic investigation
Recovery and restart
Your business
Own damage
What the incident costs you yourself.
Data recovery and reconstruction
Business downtime
Ransom under consideration
Towards third parties
Liability
Claims from customers and data subjects.
Claims after a data breach
GDPR notification costs
Legal assistance
What is covered
Situation
Cyber
AVB
BAV
Ransomware brings your systems down
Yes
No
No
Data breach involving personal data
Yes
No
Sometimes
Costs of notification and informing those affected
Yes
No
No
Fraud through a falsified payment instruction
Sometimes
No
No
Administrative fine from the regulator
No
No
No
Hardware that is physically damaged
No
No
No
This overview is general in nature and is not personal advice. What is actually covered, including exclusions, limits and the excess, is set out in the policy conditions and the insurance card (verzekeringskaart) of the insurer; you receive both before you take out cover. Taking out cover without advice? Then read what execution only means for you.
Where things go wrong in practice
Four points that make the difference between a policy that pays out and one that does not.
The maintenance contract decides whether it is your loss
With a hacked client site, everything turns on what you promised and what you did. If you delivered once without maintenance, the risk lies with the client, provided you set that out in writing. If you took on maintenance, you have to be able to show when you updated which plug-in. Insurers exclude loss arising from vulnerabilities for which a patch had been available for some time; a log is therefore not paperwork but cover.
You manage keys you do not all have in view
Administrator accounts in every CMS, FTP and SSH access, DNS management, hosting panels and sometimes the domain name itself: every project leaves access behind. Former staff and freelancers brought in are often still listed. Work with personal accounts and two-factor authentication, and clear up rights on completion or departure. What you state about this in the application is a disclosure within the meaning of Article 7:928 of the Dutch Civil Code; if it is not correct, the insurer may reduce the payout under Article 7:930 DCC.
Rebuilding your own work is excluded
If after a hack you have to rebuild a site or roll out a design again, those are costs of re-performing your own work. They fall outside the cover, as do penalty clauses and availability guarantees that you took on contractually without any basis in law. The policy pays your client's loss and the investigation into the cause, not your unpaid hours. Intent also remains excluded under Article 7:952 DCC.
Form data makes you a processor without your noticing
Contact forms, job application forms and newsletter sign-ups store data in the database of the site you manage, often for years. After a break-in that is your client's data breach, which he has to report within 72 hours and the costs of which he puts to you. Look at each site to see what data is being kept and switch on automatic clearing out. Administrative fines cannot be insured; investigation, notification costs and claims from those concerned generally are.
What does your premium depend on?
Number of sites managed. How many client environments you maintain determines how many losses can arise at once from a single vulnerability.
Nature of the maintenance arrangements. Promised security maintenance increases your liability; delivery without maintenance limits it.
Platform used and third-party plug-ins. Sites with many external components have more known vulnerabilities than bespoke work without add-ons.
Access management and clearing up rights. Personal accounts with two-factor authentication and withdrawal of rights when staff leave.
Hosting in-house or not. If you also supply servers and email, availability risk comes on top of the build risk.
Liability limits in your terms. A cap per event and per year determines how far a client claim can run.
Insurers weigh these details differently. That is where your saving is.
How we arrange it
You request a quoteWe take stock of your situation, your risk and your wishes.
We compareseveral insurers, on premium as well as conditions.
You receive a proposalWith an explanation of the differences and the exclusions.
We arrange the switchIncluding cancellation, so there is no gap in cover.
Customers rate our service on four aspects: personal service, service delivery, availability and the outcome. The reviews are collected and published by NH1816 and come from customers who have actually taken out a policy with Finass Advies B.V. or reported a claim.
A client site has been hacked through an outdated plug-in. Am I liable?
That depends on what you agreed. If you had promised maintenance and an update had been available for some time, your position is weak and the client will hold you responsible. If the client handled maintenance himself, you have to be able to show that in writing. Insurers look at the same documents: the contract and the log showing when you updated what.
Does the policy pay for rebuilding the hacked site?
No, not your own build and repair hours. What is covered: forensic investigation into the cause, the costs of the data breach that followed from it and the claim for compensation your client brings against you. If you also want to cover your own recovery effort, that is a conversation about the own-loss section and about which costs fit within it.
We do not host ourselves. Does that limit our risk?
It limits your availability risk, but not your liability. The hosting provider is responsible for the server. You remain responsible for the application layer, the plug-ins and the management. Most hacks of client sites come in through that application layer. It is sensible, though, to check whether your policy includes failure at a service provider and with what waiting period.
Do we need professional indemnity insurance alongside this?
Usually yes. A site that does not do what was agreed, a missed deadline or a design the client rejects are professional errors without a security incident, and those are excluded on the cyber policy. Copyright claims about images used belong there as well. The cyber policy picks up as soon as a hack, ransomware or a data breach lies behind the loss.
Finass Verzekert is a trading name of Finass Advies B.V. We advise on and arrange non-life insurance on the basis of an objective analysis of several insurers, and receive commission for this from the insurer, which is included in the premium. You pay no separate advice fee. Before you take out cover, we establish your wishes and needs.
You will find our licence, KvK and Kifid details and our complaints procedure at the foot of every page.
