Cyber Insurance

In an era where maritime operations are increasingly digital, the risk of cyber attacks poses a serious threat to vessels. The Swedish Club’s Cyber Cover is designed to provide robust protection against these evolving cyber risks, filling the gaps left by traditional Marine Insurance policies.

The product is available on a yearly fleet aggregate limit basis in the form of an affordable Cyber Cover, providing various levels of protection.

The product will provide an affirmative and primary cover for cyber risks, which means it is a named peril cover that takes precedence over other covers.

Protecting Against Digital Perils

Maritime operations today rely heavily on digital infrastructure, increasing exposure to cyber threats that traditional marine insurance may not cover. The Swedish Club’s Marine Cyber Cover addresses this gap by offering comprehensive and affordable protection designed specifically for cyber-related marine risks.

This cover, which is available on an annual fleet aggregate basis, delivers peace of mind with scalable levels of protection, ensuring vessel operations stay resilient against emerging digital threats.

The Club’s solution protects your vessels against the consequences of physical damages, collisions, and operational disruptions caused by cyber incidents — critical areas often excluded from conventional policies.

Key Features

• Emergency response services: Immediate expert support following a cyber attack
• Physical damage cover: Protection for your vessels when cyber attacks cause tangible harm.
• Cover for RDC/FFO risks: Covers collisions or contact damages resulting from cyber incidents.
• Loss of hire cover: Compensation for downtime due to cyber-related vessel impairment
• 24/7 expert support: Always-on access to cyber specialists for incident response and recovery.
• Tailored Solutions: Flexible extensions available to fit your fleet’s exact needs.

Compliance you can count on

The Club’s Marine Cyber Cover is designed in alignment with:

• IACS cyber resilience requirements
• IMO’s cyber security recommendations

These industry frameworks emphasise protection, detection, response and recovery – allowing shipowners to demonstrate compliance with international standards.

A tailored approach for diverse needs

Understanding that no two fleets are the same, The Swedish Club offers multiple levels of coverage to meet varying operational and risk profiles. The Club’s Marine Cyber Cover is open to both members and non-members with a simple, structured package model:

• Basic
• Plus
• Comprehensive

Each package is developed in partnership with leading cyber risk specialists, ensuring shipowners have access to advanced and relevant protection. In addition, in the event of an incident, our members can take advantage of a 24/7 hotline manned by cyber specialists.

For more details, please get in touch with your local Underwriting Team or:

Thorbjörn Emanuelsson, Director Underwriting, thorbjorn.emanuelsson@swedishclub.com

Tord Nilsson, Head of Reinsurance, tord.nilsson@swedishclub.com