By Janardhan N 
Got Contractual Obligations? Let Mitigata’s Smart Cyber Insurance Solution Help You!
As we live in an increasingly interconnected world, securing your business against cyber risks is no longer just an option; it’s a necessity.
Cyber threats are widespread, affecting all types of companies, including tech firms, healthcare providers, and e-commerce platforms.
As a business owner, how do you navigate the complexities of insurance policies and ensure that you’re fully protected? Mitigata acts as your trusted broker, helping you obtain the best possible cyber insurance policy to suit your needs, compliance requirements, and budget.
We understand the nuances of each policy and will guide you through the contractual obligations, coverage options, and exclusions to ensure you’re well-prepared in case the worst happens.
Why Cyber Insurance Is Crucial for Your Business
With regulatory requirements tightening, especially for organizations dealing with clients in the US, UK, Canada, UAE, Germany, or specific banks in India, it’s now mandatory for many businesses to show they have adequate cyber insurance.
A clear mandate to secure your digital environment is essential to safeguard against both reputational and financial damage.
Let’s take a closer look at some of the primary insurance policies offered in the cyber landscape today.
Errors and Omissions (E&O) Insurance
Suppose you’re a professional service provider—whether a consultant, tech firm, legal advisor, or financial expert—Errors and Omissions (E&O) insurance is essential. This coverage protects you against claims related to errors or failures in the services you provide.
If you make a mistake, miss a deadline, or provide advice that leads to financial losses for your clients, E&O insurance steps in to cover legal expenses and potential compensation.
What’s Included:
- Legal Expenses: Coverage for defending against claims, including attorney fees, court costs, and settlements.
- Professional Mistakes: Protection if claims arise from errors or oversights in your professional work.
- Negligence Claims: Coverage for accusations of negligence while performing duties.
- Breach of Duty: Protection if you unintentionally breach confidentiality or trust.
- Loss of Documents/Data: Covers the loss or mismanagement of critical client data.
What’s Not Included:
- Intentional Wrongdoing: Fraud, deliberate misconduct, and willful acts are not covered.
- Bodily Injury/Property Damage: E&O doesn’t cover physical injuries or property damage, which are typically handled by other insurance types, such as General Liability.
- Contractual Breaches: Breaches unrelated to professional negligence aren’t covered.
E&O insurance is not just a safety net for your business but a way to enhance client trust.
When clients see that you’re protected, they know their business interests are in safe hands, giving you a competitive edge in your industry.
Errors & Omissions (E&O) Insurance Starting at ₹80,000/Yr*
Mitigata helps you measure, analyze, and act — with real data, real impact, and pricing built for businesses.
Commercial General Liability (CGL) Insurance
Every business faces risks that go beyond professional mistakes, such as accidents or incidents that result in bodily injury, property damage, or personal injury claims.
That’s where Commercial General Liability (CGL) insurance comes in.
CGL protects against a variety of claims, including third-party injuries, property damage, and personal harm, providing a broader safety net for your business operations.
What’s Included:
- Bodily Injury: Coverage if a third party is injured on your premises or due to your business operations.
- Property Damage: Protection against property damage caused by your business operations.
- Personal Injury: Covers non-physical injuries like slander, libel, or copyright infringement.
- Legal Defense Costs: Coverage for legal expenses, including attorney fees, court costs, and settlements.
What’s Not Included:
- Professional Liability: Errors or omissions made in professional services are covered under E&O, not CGL.
- Employee Injuries: Employee-related injuries fall under workers’ compensation insurance.
- Cyber Risks: Data breaches, cyberattacks, and other related cyber incidents are excluded from CGL and require separate Cyber Liability insurance.
- Pollution Liability: Damage caused by environmental contamination is typically not covered under a CGL policy.
CGL insurance plays a crucial role in protecting your business from a wide range of risks, whether you operate from a physical location or remotely.
It’s essential to ensure that your business is covered, from the people who enter your premises to the products you deliver.
General Liability Insurance For Business At ₹15,000/Year*
Mitigata helps you measure, analyze, and act — with real data, real impact, and pricing built for businesses.
Mitigata’s Role as Your Insurance Enabler
At Mitigata, we help bridge the gap between you and the ideal cyber insurance policy.We’re not the insurance provider, but we work tirelessly to connect you with the best options in the market, tailored specifically to your business’s unique needs and regulatory requirements.
Our focus is on helping you obtain insurance that covers everything from professional errors to property damage and cyber risks.
We also recognize the importance of compliance in industries such as FinTech, HealthTech, and e-commerce, were adhering to data protection regulations, including GDPR, PCI DSS, and HIPAA, is crucial.
Mitigata’s security compliance services are designed to support your business through the maze of cybersecurity standards and regulations, ensuring that your operations remain both legally compliant and secure.
Security Compliance & Cyber Risk Mitigation
With regulations and compliance requirements becoming increasingly stringent, it’s not enough to simply have an insurance policy.
You need a partner who understands the landscape and can help you meet those demands while mitigating the risks.
Mitigata offers a comprehensive suite of security compliance services, such as:
- GDPR Compliance
- HIPAA Compliance
- ISO 27001 Certification
- PCI DSS Compliance
- SOC 2 Compliance
Whether you’re navigating the complex regulatory environment of Germany, the US, the UK, Canada, the UAE, or India, we help ensure your business is prepared and fully compliant, meeting all the standards.
Our cyber risk quantification reports help you identify vulnerabilities, giving you a clear roadmap to address potential weaknesses before they become costly issues.
Our Comprehensive Cybersecurity, Compliance, and Consulting Solutions
With increasingly stringent regulatory environments, including emerging frameworks like DPDP’23, Mitigata partners with you to ensure your business remains secure, compliant, and resilient.
From data protection to expert compliance guidance, Mitigata helps proactively manage risks and safeguard your digital reputation.
Stay Ahead with DPDP’23 Compliance
The DPDP’23 has imposed stringent measures that could result in severe fines if not followed strictly.
At Mitigata, we offer comprehensive strategies to ensure your organization not only stays compliant but is protected from financial penalties and reputational damage.
- Up to 250 Cr Fine Mitigation: Mitigata’s proactive cybersecurity measures are designed to prevent breaches of personal data, saving you from significant fines and reputational risks.
- Swift Incident Reporting: Timely reporting to the Data Protection Board is crucial. Mitigata ensures compliance with all reporting protocols, safeguarding you from potential fines of up to 200 Cr for delayed actions.
- Child Data Protection: With specialized compliance protocols for handling children’s data, we help ensure your organization follows ethical data practices and avoids substantial penalties.
Get Tailored Security Services with Mitigata
Every business is different, and so are its cybersecurity needs. Mitigata’s tailored security services offer a multi-layered defense strategy, safeguarding your digital assets across multiple platforms.
- Email and Cloud Security: Protect sensitive communication and data with our robust email and cloud security services, safeguarding you against phishing attacks, malware, and other digital threats.
- Endpoint and Network Security: Mitigata offers endpoint protection solutions that continuously monitor and defend your organization’s devices, servers, and network infrastructures against emerging threats.
Our Endpoint Detection and Response (EDR) is a powerful tool for continuously monitoring and analyzing endpoint activities.
- Risk Assessments & Penetration Testing (VAPT): Identify vulnerabilities before they become breaches with our advanced Vulnerability Assessment and Penetration Testing (VAPT). Our experts simulate cyberattacks to assess your current security posture and identify weaknesses that require attention.
- Regulatory Compliance Assessments: Navigating the regulatory maze can be complex, but with Mitigata’s compliance assessments, you can be confident that your operations meet all requirements.
- Security Awareness Training: Equip your team with the essential knowledge they need to act as your first line of defense. Our training programs cover a wide range of topics, from identifying phishing scams to understanding the latest cybersecurity best practices.
Cyber Insurance + Security + Compliance All at one Stop
Mitigata helps you measure, analyze, and act — with real data, real impact, and pricing built for businesses.
Get Expert Cybersecurity Consulting
Mitigata offers strategic cybersecurity guidance from seasoned experts to fortify your organization’s security posture. Our consulting services align with business goals while mitigating risks to growth.
- Incident Management & Recovery: Should a breach occur, Mitigata offers rapid response and comprehensive recovery solutions to minimize damage and restore business continuity.
- Cybersecurity Strategy & Risk Management: We help you develop long-term cybersecurity strategies that protect your digital assets and implement effective risk management plans to keep evolving threats at bay.
- OT & Industrial Cybersecurity: For businesses with critical infrastructure, Mitigata offers specialized services to protect operational technology (OT), ensuring your industrial systems remain secure and fully operational.
Mitigata Console: A Complete Cyber Risk Management Hub
The Mitigata Console is a robust platform that integrates cybersecurity management with your insurance policy for seamless protection.
Key Features:
- Real-time Alerts: Stay informed with instant risk updates.
- Insurance Integration: Manage your cyber insurance policies directly.
- Security Findings: Access reports and recommendations on vulnerabilities.
- Penetration Testing: Identify and fix weaknesses in your systems.
- Phishing Simulation: Train Your Team to Recognize Phishing Attacks.
- Endpoint Security: Monitor and secure every device on your network.
Bug Bounty Program
Get access to a network of ethical hackers who identify and resolve vulnerabilities in your system. This extra layer of defense helps keep your digital assets secure.
Why Choose Mitigata’s Security Console?
- Advanced Technology: Comprehensive integration for all cybersecurity functions.
- Continuous Risk Assessment: Ongoing vulnerability scans and assessments.
- User-Friendly Interface: Easy-to-use platform for all levels of expertise.
- Seamless Security Management: Centralized control over cybersecurity and insurance.
Additional Risk Management Tools-
- Employee and Third-Party Risks: Manage External Vulnerabilities.
- SEBI CSCRF Compliance: Ensure Your Business Meets the Latest Regulatory Standards.
- Attack Surface Management: Minimize Exposure to Cyber Threats.
Why Choose Mitigata?
What sets Mitigata apart from the competition? Not only do we help you secure the most relevant and cost-effective insurance options for your business, but we also offer personalized consultations with our cybersecurity experts.
With Mitigata by your side, you are empowered to anticipate, mitigate, and overcome any cybersecurity challenges, transforming potential vulnerabilities into pillars of strength for your business.
Our services go beyond just insurance; we empower you to navigate the complexities of cyber threats and compliance with confidence.
Next Steps:
- Schedule a 1:1 Session: Speak with one of our cybersecurity experts to get tailored advice for your business.
- Book a 30-Minute Consultation: Have all your questions answered and learn how to mitigate risks while staying within your budget.
- Obtain a Customized Insurance Quote: Let us help you find the best policy that meets your needs and ensures compliance with relevant regulations.
Mitigata isn’t just here to provide insurance—we’re your partners in ensuring that your business stays resilient, compliant, and cyber-secure.
Don’t wait for a breach to happen—reach out to us today and secure your business for the future!
By ensuring that your business is properly insured and compliant, you can rest assured that your operations are protected from digital threats that could otherwise jeopardize your success.
Let Mitigata be the enabler of your cyber-secured reputation.