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Moodi Mahmoudi avatar
Written by Moodi Mahmoudi
Updated over a week ago

NEXT maintains liability insurance policies with CFC Insurance, the specialist insurance provider, pioneer in emerging risk and market leader in cyber. Underwritten by Lloyd's Insurance Company S.A., our policies include multi-million eurp aggregate limits. CFC Insurance has an โ€œAA-โ€ (Very Strong) insurer financial strength rating given by Fitch.

NEXT has insuring agreements for events appropriate for our business, including coverage for:

  • Infringement of intellectual property

  • Privacy and network security

  • Regulatory fines

  • Media liability

  • Contractually assumed patent liability

  • Liquidated damages

  • Data loss

  • Incident response

  • Business interruption

  • Data and system recovery

  • Cyber extortion

  • Cyber crime

  • Public liability

  • Product liability

  • Cyber liability

NEXT also maintain relevant insurance for our business operational facilities and workers compensation insurance for employees.
For more information about our coverage areas and aggregate limits, please contact your account manager.

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