Covéa Insurance is providing a ‘cyber support line’ to address risk to children of cyber-crime

29th October 2018

Child Focus Groups carried out by Covéa Insurance have revealed the extent to which children are exposed to the risk of cyber-crime as a result of their personal use of connected devices. The research concluded that, although children are skilled at using a range of devices and software and are broadly aware of the risks they face, their extensive reliance on connected devices takes priority over safety considerations. This leaves both them and their families vulnerable to the risk of cyber-crime and other potentially harmful consequences.

To address this, Covéa Insurance is providing a ‘cyber support line’ free of charge to customers with its home insurance with effect from 1st December 2018. In the event of a cyber incident, families will be able to obtain 24-hour support and advice about what to do, including how to restore personal equipment that has been hacked, virus removal, dealing with ransomware and what to do if there has been financial loss.

In addition, the cyber support line will collect data about incidents which the company believes will provide valuable insight into trends, enabling it to assess the future need for cyber covers and the development of products to meet them.

Speaking about the findings of the research, Product & Proposition Manager at Covéa Insurance, Donna Baker said: 

"When looking at the requirements of customers, it’s important to understand both their current and future needs. To address risks created by the increased use of connected devices in the home, we’ve already introduced protection for cyber-bullying and cyber-crimes such as fraud, identity theft and hacking on our high net worth home insurance products. However, it’s clear from the research findings that there’s a much broader need for support for families around online activity. The children in our focus groups were all hugely internet savvy, but what’s concerning is that their main source of information and advice about problems they faced online was their friends.”

Charlotte Robertson of Digital Awareness UK specialises in delivering workshops to schools, pupils and parents on online safety. In response to these findings she says:

"There’s huge anxiety amongst parents and in schools about the best way to protect children online. One of the issues we face is that most children are extremely savvy when it comes to the use of the internet and social media in particular, making it difficult for parents to offer them help and guidance.  Evidence suggests that the knowledge gap is widening, we therefore believe it's critical that parents are equipped with the knowledge needed to improve their understanding of how children can enjoy using the internet safely.”

Donna Baker agreed saying “All the children in our focus groups had their own smart phones, with the ability to access the internet routinely on a range of connected devices. Their extensive online activity and relaxed approach clearly increases their exposure to cyber risks and underlines the need for specialist support to help deal with any crises.”

 

-Ends-

 

About Covéa Insurance

Covea Insurance plc is the UK underwriting business of leading French mutual insurance group Covéa, who are number 1 for property and liability insurance in France, generating over 16.3 billion Euros in premiums in 2017.  

Covéa Insurance looks after the insurance needs of over 1.5 million policyholders; delivering financial reassurance through its Standard & Poor’s A+ stable rating, as a guaranteed subsidiary of Covéa. 

The company offers motor, household, protection, pet, mid and high net worth insurance and a range of commercial insurance products, through a range of distribution channels. Employing over 1800 people, Covéa Insurance has a strong people and service ethos, having Investors In People Gold accreditation and is signatory to the HM Treasury Women In Finance Charter. It also has World Class service accreditation from the Institute of Customer Service for its Motor Claims, Home Claims and Underwriting Services teams as well as Chartered Insurer status for its Commercial and Mid/High Net Worth business.

In 2018, Covéa Insurance were recipients of the Personal Lines Insurer of the Year award at both the British Insurance Awards and the Insurance Times Awards and was the top rated insurer in the Insurance Times Broker Service Survey for both Personal and Commercial Lines.

Back to list

Media Contacts

For media enquiries, please contact Stephanie Cox.

Alternatively, please call or email

E: Dianne Smith T: 07796 695 090