The Central Bank of Azerbaijan has approved the "Cyber risk insurance" Regulations of "Megha Sigorta" OJSC, and thus the company became the first insurance company in Azerbaijan to receive permission to provide insurance against cyber risks.
According to the information provided by the company's public relations service, the "Cyber Insurance" project is a new insurance product that the company has been working on for a long time, agreed with its reinsurance partners and will present to its corporate clients.
Cyber insurance coverage is an important tool to protect enterprises and organizations from information security risks. In today's world where digital threats are more prevalent, this type of insurance helps prevent losses related to hacking attacks, data loss, confidential information leaks and other cyber threats.
The price of the cyber insurance product varies depending on the turnover of the company, the number of employees, the field of activity, the level of information and cyber security available and other factors.
To get more detailed information about the product and to apply online, you can link to https://megasigorta.az/apply.
It should be noted that Mega Insurance OJSC has been operating since 2010 and provides 35 types of voluntary and compulsory insurance products to legal and natural persons, as well as life insurance insurance services through Mega Hayat Sigorta OJSC, of which it is a 100% shareholder. The company is one of the leading companies in the insurance market in terms of the volume of insurance collections, insurance payments and total capital.
