Cyber and Data Insurance
Protect your business against the modern crime of the 21st century.
At Capurro Insurance we aim to support you in your cyber journey by ensuring that you have the knowledge and tools on how a cyber insurance policy can respond to a cyber incident.
Together with London and Lloyds of London specialist brokers we negotiate with market-leading cyber underwriters in order to provide our clients with the most appropriate policies for their businesses.
Making sense of Cyber Insurance
“43% of UK businesses reported experiencing a cyber breach or attack in the last 12 months.”
— Source: https://www.gov.uk/government/statistics/cyber-security-breaches-survey-2025/cyber-security-breaches-survey-2025?utm_s
The threats your business faces today
The threat landscape has changed significantly in recent years. The most common attack types now include:
Ransomware — Malicious software that encrypts your systems and holds them hostage until a ransom is paid. Ransomware incidents have grown year-on-year since 2022 and remain the leading cause of large cyber insurance claims.
Business email compromise (BEC) and phishing — Criminals impersonate trusted contacts — colleagues, suppliers, or banks — to trick staff into transferring funds or revealing credentials. These attacks exploit people, not just technology, and no firewall stops them.
Data breaches — Unauthorised access to customer or employee personal data, triggering notification obligations, potential regulatory fines under GDPR, and third-party claims.
Social engineering — Increasingly sophisticated manipulation of staff to bypass security controls — from helpdesk impersonation to AI-generated deepfake voice calls.
Supply chain attacks — A breach at one of your suppliers or third-party IT providers can disrupt your operations even when your own systems are secure.
Does your business need cyber insurance?
If you store customer data, process payments, rely on email, or operate any internet-connected systems, the answer is almost certainly yes.
Many businesses assume their existing general liability or property insurance covers cyber events. In most cases it does not — or coverage is ambiguous in ways that only become clear at the point of a claim. This is sometimes called "silent cyber" — gaps in traditional policies that leave businesses exposed without realising it.
A standalone cyber policy removes that uncertainty.
Gibraltar's economy includes a significant concentration of financial services, fintech, online gaming, and professional services firms — all sectors that hold sensitive customer data, process high transaction volumes, and face heightened regulatory obligations.
Types of covers typically included under a Cyber Insurance policy.
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This section of cover will pay for losses incurred by your company which involve the responding to a cyber incident.
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Cover for costs as a result of damage to your computer systems.
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Cover for payments made as a result of extortion, ransomware attacks, theft of funds or unauthorised use of computer resources.
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Cyber insurance may cover for business interruption losses as a result of a cyber related event.
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Cover for costs and penalties that a regulator may impose as a result of a data breach.
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Cover related to defamation or infringement of intellectual property rights.
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Cover for third party claims against breach of personal data.
Why Capurro Insurance for cyber?
We work with specialist Lloyd's of London cyber underwriters and market-leading insurers to negotiate cover that reflects your actual risk profile — not a generic policy pulled from a standard panel. And because we are a local broker with deep roots in Gibraltar's business community, we understand the regulatory environment, the sectors that carry the highest exposure, and the practical realities of running a business here.
Learn more about Cyber & Data Insurance
We’re here to help.
Nicolas Palacios S-Capurro Business Development Manager
Disclaimer:
The information contained herein is provided for general informational purposes only. All insurance policies are subject to the specific terms, conditions, exclusions and endorsements set out in the individual insurer’s policy documentation. Coverage may vary depending on the insurer and the nature of the risk presented. We strongly recommend that you review the full policy wording.