Cyber Insurance in Canada

Protect your business from a cyber attack or data breach

In our digital world, cyber risks are increasingly common. Ensure that your business is protected with cyber insurance in Ontario. Cyber security and liability coverage will protect you and your business from financial losses and legal risks in the event you fall victim to a cyber crime. 

Businesses are responsible for safely storing customer information. If sensitive data like names, credit card numbers, financial information, or health records are leaked, you could be subject to lawsuits, as well as loss of revenue, business interruptions, reputation damage, and more.

Protect your business and its reputation, by securing cyber insurance with Jeffrey & Spence. Since 1927, we have provided quality insurance services to a variety of organizations across Ontario. Our professional brokers will provide you with expert advice and guidance to help you determine the cyber security coverage you need.

Cyber Insurance Services in Ontario

Our businesses often depend on the internet and, while we can’t stop attacks from happening, we can minimise the damage done by ensuring we have the right safeguards in place. Our brokers will craft a cyber risk insurance policy to help protect you.

Every business has a duty of care to its customers and to the general public. If you are subject to a data breach through malware, compromised emails, hackers, or other breaches, a cyber insurance policy will help you meet the legal requirement to investigate the extent of the attack and develop strategies for contacting those affected. This type of investigation is an expensive financial burden to take on yourself as it can include IT forensics, credit monitoring, setting up call centres to handle the matter, and much more. 

Most cyber insurance coverages will help you pay for data loss, the cost to repair equipment, related reputation management expenses, as well as liability risks and legal costs associated with data breaches, including any possible lawsuits of negligence. You can also add optional network business interruption coverage to pay for profit losses, business interruption, or ransomware coverage for fees related to online extortion.

The Jeffery & Spence team are true professionals who are dedicated to making sure you have an awesome experience. Working with their team has been great and I would highly recommend them to anyone! 10/10 - keep up the great work Jeffery & Spence.read more
Ryan Vielma
Ryan Vielma
21:03 15 Feb 19
My family and I have been insured through Jeffery and Spence for 14 years, and we will all always be loyal clients to this wonderful brokerage.read more
Ashlean Richardson
Ashlean Richardson
17:50 27 Nov 18
Have been with them for ages and wouldn't hesitate to recommend them to anyone. I have also gladly referred friends to them and they have taken good care of them as well!read more
Jason Shaw
Jason Shaw
20:38 02 Jan 18
شركة تامين لا باس
Ali SIDO
Ali SIDO
03:57 11 Feb 19
unbelievable service, literally saved a client of mine from a major catastrophe, highly recommend. Kyla was amazing
Andra Arnold
Andra Arnold
17:19 18 Apr 19
Excellent Customer service and communications, staff here makes me feel like part of the J&F family, highly recommend!
Rain Zhang
Rain Zhang
14:21 29 May 19
Excellent Customer service and communications, staff here makes me feel like part of the Jeffery&Spence family, highly recommend!read more
Rain Zhang
Rain Zhang
14:39 29 May 19
Awesome service, friendly advice and get what you need fast. Been a customer for over 10 years now.
Brock Parker
Brock Parker
16:03 27 Jun 19
Awesome service, friendly advice and get what you need fast. Been a customer for over 10 years now.
Brock Parker
Brock Parker
16:03 27 Jun 19
Ashlean made shopping for insurance so easy and stress free! From start to finish she was courteous and professional, listened to our needs and communicated with us every step of the way, all while finding us the best ratesread more
Chloe McKnight
Chloe McKnight
22:42 22 Jul 19
The Jeffery & Spence team is wonderful. They have insured my assets for over 4 years. When I switched over from my old provider they made it easy. They were honest and reliable. I started simply with a call out for car insurance. They were able to take a look at 5+ companies and make sure I had the proper coverage and at a great price. (They beat my old provider by $300). Slowly and surely as other asset insurance policies were coming to an end (home, business, additional vehicles) it only made sense to call over and get a quote. Additionally there is customer service like no other. I call in frequently for updates and questions and whether it’s the front desk or managers I have never felt like I was asking a stupid question. Jeffery & Spence is awesome and you owe it to yourself to just give them a call....even if your not from Guelph!read more
Corey Pavao
Corey Pavao
13:59 23 Oct 19
So over the moon happy with these guys. Specifically Dave. I was a first timer today, extremely nervous about taking another step toward “audulting” by getting my own auto insurance. And when I say nervous, I mean NERVOUS. Dave was MORE than helpful. His personality put me at ease, and the way he explained things made me go from feeling anxious to comfortable. Dave did more than help me get my own insurance. Dave made me feel like it was just a normal conversation between people. Where as other conversations have gone with other companies, I felt like a stupid kid in their 20s that didn’t know what they were doing. It’s comforting to know that now, in the future, when I need home insurance, etc. I know who to call. Thanks a million Dave.read more
Jaymee Indoe
Jaymee Indoe
18:55 21 Nov 19
Ashlean is so great to work with and she makes insurance easily accessible. I love all of the work they do in the community too. Check them out!!!read more
Heather Smart
Heather Smart
16:41 01 Dec 19
Awesome service! Jeffrey helped me find a solution for my insurance ASAP after I had such a poor experience with my previous insurer.read more
Jennifer A-M
Jennifer A-M
04:25 04 Dec 19
Expedient, professional and tailored to my needs. Highly recommend.
Annie Wong
Annie Wong
15:38 10 Dec 19
Met with Dave Jutzi and he was an absolute pleasure to work with! He created a plan to MY needs and MY budget! No pressure on me whatsoever and he really looked out for my best interest. If you're looking for extremely affordable auto and home insurance, DEFINITELY go see Dave!read more
Simon McGhee
Simon McGhee
16:38 21 Jan 20
My only regret was not calling them sooner. Ashlean Richardson went above and beyond for my company. I felt like they took me and my time very seriously and I appreciated that. Would highly recommend to my friends and family.read more
Kevin Wilkins
Kevin Wilkins
13:40 14 Apr 20
Ashlean was great to work with she was very helpful and prompt with all her responses; she was able to make a stressful situation go by very smoothlyread more
Haily Rice
Haily Rice
16:09 29 May 20
Been with Jeffery & Spence nearly 50 years and they have looked after all my insurance needs in a very professional manner. Hope to be with them another 50 years but at 83 y.o. that's not likely to happen.read more
Mario Bonifacio
Mario Bonifacio
13:18 19 Jul 21
Excellent company to work with! Geoff is professional, patient, and responded immediately to my needs.
Debbie Bianchi
Debbie Bianchi
12:26 21 Aug 21
Great service, quick response and best rates. Excellent job Jason DiReto 👏.
Asaad Yousiph
Asaad Yousiph
13:23 06 Jul 21
I wish I had found this broker earlier than I did. They make dealing with insurance such an easy and seamless experience. We are fortunate to work with Geoff; after every interaction with him, we always talk about how lucky we are to have him take care of our insurance needs. 5 stars all the way!read more
Luis Ribeiro
Luis Ribeiro
20:43 08 Oct 20

Who Needs Cyber Insurance in Canada?

If your business uses, sends, or stores electronic data, you should consider cyber liability insurance. Businesses of all shapes and sizes have fallen victim to cyber attacks. Don’t make the mistake of thinking your business is too small to be a target. Small to medium sized businesses are on the receiving end of these attacks every day. 

Our team offers cyber security insurance to a wide range of industries, including:

  • Professional services 
  • Financial services 
  • Healthcare 
  • Manufacturing 
  • Construction
  • Hospitality
  • Retail 
  • Education
  • Nonprofit 
  • Technology
  • And more

Our agents will meet with you to get an understanding of your business and the value of its electronic data in order to craft a cyber insurance policy that meets your needs. We will take into account risks specific to your industry and the minimum coverage needed to protect your best interests. It is a risk management strategy that every business should invest in.

Start a quote with Jeffrey & Spence today, so your business can bounce back in the event of a cyber attack or data breach.