Specialty insurance solutions for high growth industries in Cyprus.

Fintech insurance in Cyprus covers risks that sit at the intersection of technology and finance—going beyond what standard Professional Indemnity or Technology Insurance policies offer.

While traditional policies might protect against basic business mistakes or hardware and software issues, fintech insurance is tailored for companies dealing with digital payments, crypto assets, and regulatory technology.

What makes fintech insurance different is its ability to protect against a broader set of exposures, such as financial crime, management liability, personal liability for directors and officers, intellectual property disputes involving algorithms or trade secrets, and complex compliance challenges.

This kind of policy gives fintech firms peace of mind knowing they’re covered for both technology and financial risks that standard insurance solutions might miss.

FinTech insurance in Cyprus is a specialised solution designed for financial and technology companies. It usually offers package of protection in one policy, covering professional errors, data breaches, system outages, financial crime and management liability (D&O).

• Professional & technology liability for mistakes, or failures in your services or advice, covering both financial loss and technological failures.
• Management Liability (D&O) protection for directors and senior officers from personal legal claims linked to their roles in the business.
• Employee dishonesty and Cyber fraud by outside parties, including social engineering fraud.
• Cyber attacks and data breaches such as ransomware, denial of access, loss of profits, including fines and penalties, including those related to the General Data Protection Regulation (GDPR).
• Payment for legal costs and expenses if your business faces a formal regulatory investigation.
• Intellectual Property rights infringement

Comprehensive fintech insurance policies in Cyprus can provide coverage for regulatory investigations. This means the policy can cover legal costs, expenses, and support services if your business faces a formal investigation by a regulatory authority, which is a crucial protection given the strict and evolving regulations affecting fintech companies

Fintech insurance in Cyprus may also cover certain regulatory fines and penalties, but only where such coverage is legally permitted. For example, coverage for GDPR fines or other regulatory penalties depends on local laws and the specific terms of your policy. Some fines are not insurable in all jurisdictions, so whether this coverage is available depends on your policy and local laws. Always check your policy details and talk to your insurer, insurance agent, or broker to be sure.

A comprehensive fintech insurance policy in Cyprus offers worldwide protection, ensuring your business activities are insured wherever you operate or have clients. This is critical for payment processors, crypto platforms, and reg-tech providers who may serve clients in multiple jurisdictions or be exposed to a variety of local laws and regulatory requirements.

Additional features of comprehensive coverage include:

• Protection against legal claims, technology failures, and cyber threats, regardless of where incidents occur.
• Cover for regulatory investigations and compliance challenges in different markets.
• Flexibility to meet insurance requirements set by clients and partners in other countries.

Media Liability Insurance in Cyprus protects your business from the legal and financial consequences of content-related disputes, professional liabilities, and cyber attacks, providing essential protection both within Cyprus and internationally.

Media Liability Insurance protects media companies, publishers, content creators, and advertising agencies from legal and financial risks that arise from their work. It covers claims related to:

• Copyright and intellectual property infringement
• Errors in published or broadcast content
• Breach of confidentiality or privacy
• Cyberrisks and data breaches
• Defamation and libel

This insurance is essential for businesses that create or distribute content, whether in print, online, or broadcast. In Cyprus, it provides protection both locally and internationally, helping safeguard your reputation and financial stability.

This type of policy typically covers:

• Intellectual Property Infringement: If your content accidentally uses or copies someone else’s copyrighted work, trademarks, licensed ideas, or plagiarizes another’s material.
• Defamation: If your content harms someone’s reputation, such as by making false or damaging statements (including libel and slander).
• Professional Liability/Errors & Omissions: If you make a mistake in your media work, overlook an error, or if you unintentionally fail to deliver what you promised in a media services agreement.
• Subcontractor Liability: Acts or errors of subcontractors or freelancers acting on your behalf.
• Cyber Liability: If a data breach, hacking event, or unauthorized disclosure of confidential information causes harm to others or exposes sensitive data.

Professional Indemnity (PI) covers claims resulting from errors, omissions, or negligence in providing professional services. Media Liability Insurance, however, is tailored for content-related exposures: it covers traditional PI risks and adds protection for content disputes (e.g., copyright, privacy, defamation), cyber events, and the unique risks of media production and distribution.

Cyprus is home to many businesses that have their headquarters locally but operate internationally. Their content often reaches audiences and clients in regions with strict legal environments, such as the US and UK, where litigation can be especially costly.

• Many Cypriot media companies use freelancers for content creation, design, or campaign development. While this brings flexibility and global talent, it also increases the chance that content may be published without thorough legal review—raising the risk of accidental copyright infringement, defamation, or privacy breaches.
• Even small firms and local agencies face the potential for content disputes that may escalate into international lawsuits, often triggered by copyright holders, individuals alleging reputational harm, or regulatory authorities abroad.

For these reasons, dedicated Media Liability Insurance is essential. It protects your business’s finances and reputation from costly legal actions and fills the coverage gaps left by standard insurance policies