In today’s digital world, businesses are increasingly exposed to cyber threats – with potentially serious consequences including financial losses, reputational damage, and operational disruption.
Cybercrime is no longer confined to large corporations – small and medium-sized enterprises (SMEs) in Switzerland are increasingly becoming prime targets for hackers. A single successful attack can threaten their very survival.Cyber insurance provides comprehensive protection against digital threats and supports swift recovery in the event of an incident. It helps mitigate financial losses, safeguard reputation, and ensure business continuity. Investing in cyber security strengthens resilience against the growing risks of the digital age .
Aon Cyber Cosmos Facility
The Aon Cyber Cosmos Facility was developed to provide targeted support for Swiss SMEs. This effective cyber insurance solution offers direct access to immediate legal, technical, and PR assistance in emergencies – available around the clock, 365 days a year.
Three critical scenarios for SMEs
Data loss or data breaches: These incidents can lead to significant costs and may severely impact customer trust.
Operational disruptions: Cyber attacks targeting IT systems can interrupt supply chains and business operations.
Ransomware attacks: Extortion attempts that cause financial damage and limit a company’s ability to operate effectively.
The Aon Cyber Cosmos Facility
Provides fast and straightforward access to robust yet cost-effective insurance coverage tailored to today’s most pressing cyber threats.
Minimum Requirements (Excerpt from the technical questionnaire)
Data Backups: Weekly offline backups of all business-critical data, including documented recovery tests conducted at least once per year. Alternatively, MFA-protected online backups are acceptable.
Security Patching: All critical security patches must be applied and activated within two weeks of release, or alternatively, evidence of equivalent protective measures must be provided.
Employee Awareness: Annual cybersecurity and data protection training for all employees to raise awareness and promote secure practices.
How Aon Can Help
Aon helps businesses effectively manage cybersecurity risks and prepare for potential incidents. Our services include:
Risk Evaluation and Assessment
Identification and analysis of relevant cyber risks tailored to the company’s profile.
Insurance Consulting
Guidance in selecting and implementing suitable cyber insurance solutions.
Incident Response Support
Comprehensive assistance in emergencies – from initial response to post-incident recovery of systems and operations.
Target group: Specially tailored to the needs of Swiss SMEs.
Turnover limit: Suitable for businesses with annual turnover of up to CHF 250 million.
Effective protection: Comprehensive insurance coverage at an affordable price.
Optimised Processes: Streamlined and efficient workflows aligned with business objectives.
Transparency and Independence
Full market transparency through a pre-broking approach in the cyber insurance landscape.
Market Analysis
Aon has conducted a comprehensive review of the Swiss insurance market to develop an independent and needs-based solution.
Affordable Premiums
Clients benefit from significantly lower premiums compared to conventional cyber insurance products.
Experience and Expertise
The risk carrier is AIG Europe SA, Luxembourg, Opfikon branch – a trusted player with cyber market experience dating back to 1999.
Dedicated Facility Team
Local, personal support combined with proven claims-handling expertise.
