Our OSR Products

We’ve got you covered. Every step of the way.

Our OSR: Sole Trader policy can be written standalone or on an affinity or imbedded basis.

OSR: Sole Trader

This policy has been designed for small businesses with turnovers below £150,000 offering comprehensive coverage against both cyber-crime and operational errors to cover their liability for breaches of any privacy legislation anywhere in the world.

Key benefits of this cover are:


Retroactive date prior 12 months


 Nil deductible applicable to Remediation costs


Cover extends to Cloud and Outsourced locations


24/7 incident response line


Includes Operational Errors

What We Cover

  • Nil deductible applicable to Remediation costs which consist of Credit Monitoring, Cyber Extortion, Data Restoration, Forensic, Legal Representation Expenses, Customer Notification and Public Relations.

  • Cover is included for the Insured’s cloud or outsource provider not being able to provide the insured with an agreed service.

  • Costs to restore an insureds data that has been accidentally deleted, corrupted, destroyed or encrypted by a virus or ransomware.

  • Specialist I.T. Forensics to assist insured in the event of a cyber loss or attack.

  • Costs incurred due to any accidental breach of copyright or defamation (libel and slander).

  • Insureds liability for losses caused to third parties by your transmission of any virus, malware or ransomware.

  • Insureds liability for the loss of any Personal Data or breach or any privacy legislation anywhere in the world. In the event of a data breach we will offer IT Forensics to establish what happened, legal advice, credit monitoring (if bank or credit card details have been compromised), and Public Relations advice where required.

  • Mental anguish or mental injury as a result of a Data Liability Event or Network Security Event.

  • Insureds liability for any fines and penalties imposed by any bank or the Payment Card industry following the loss of credit card data. Including all legal costs incurred protecting you against a valid claim.

  • Automatic 12 months retroactive period for new policies. Retroactive date matched for those insured who currently have a cyber policy moving to OSR: Sole Trader

Avast Firewall & Backup Solution

  • The policy conditions are in place to protect the insured business and it is for this reason that we are able to offer the necessary firewall, anti-virus, and data backups via our partner Avast, at no additional cost, for organisations with turnovers up to £5M that do not currently satisfy the above condition.


  • There is a 24 hour incident response telephone line, where you will receive advice and assistance from specialist staff within two hours of your initial call.

Qualifying Questions

  • Is there anything Insureds need to do to qualify for this coverage? Yes, they need to have an operational commercial grade firewall and anti-virus. Their critical data must also be backed up at least every 7 days.

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Optimum Speciality Risks is a trading name of Independent Broking Solutions Limited and is authorised and regulated by the Financial Conduct Authority (FCA) under company number 312026. Registered Office: Unit 2 Kildegaard Business Park, Easthorpe Road, Easthorpe, Colchester, Essex, CO5 9HE. Registered in England and Wales No: 616849