CFC vs 
Hiscox: How Do They Compare for Cyber Insurance?
Hiscox sells cyber directly online to small businesses and IT consultants; CFC targets businesses up to $250 million in revenue with a one-page application.
Hiscox lets eligible small businesses start a standalone cyber quote online. CFC's Cyber Proactive Response is for companies from $0 to $250 million in revenue, with monitoring and claims handling in the policy. 6,1
What Are the Key Differences Between CFC and Hiscox Cyber Insurance?
Named Admitted Online Quote Versus a Higher Revenue Product
Hiscox Inc. sells cyber directly online as a standalone product for small businesses, separate from its BOP cyber add-on, and its appetite guide names Hiscox Insurance Company Inc. as the underwriter of admitted Hiscox NOW cyber policies. CFC's Cyber Proactive Response targets $0 to $250 million in revenue, a higher band than a typical small-business online quote, and the application names CFC Underwriting Limited as administrator only. Choose Hiscox if you want to start online and see a named admitted underwriter; choose CFC if you need a product built for revenues up to $250 million with in-house response. 6 9 8 1 4
Illustrative Breach Example Versus Unlimited Reinstatements
Hiscox describes cyber as responding to data breaches and related losses, with an illustrative breach-response example on its IT page, and does not describe ongoing security-monitoring services. CFC includes crime cover, a 12-month interruption indemnity period, unlimited reinstatements, CFC Response 24/7 and a free monitoring app. 7 6 1 2
Licensed-Agent Phone Line Versus a Control Questionnaire
Hiscox says eligible buyers can get a quote online with a licensed-agent phone line for questions. CFC's US application is a one-page form on MFA and backups rather than a consumer online checkout. 6 4
What Should You Confirm in CFC and Hiscox Cyber Insurance Quotes?
CFC vs Hiscox Cyber Insurance Compared
CFC vs Hiscox: Cyber Insurance: documented features by provider
| Criteria | CFC Cyber Proactive Response | Hiscox Cyber Security Insurance |
|---|---|---|
| Who It’s For | CFC segments cyber eligibility by revenue: Cyber Proactive Response and Cyber (admitted) are positioned for businesses with revenues from $0 to $250 million, while Corporate cyber is for businesses at $250 million and above. 1Company-reported. Cyber product page product summaries; actual eligibility for a given applicant depends on underwriting. | Hiscox markets cyber insurance to small businesses broadly and specifically to IT and technology consultants, describing itself as customizing coverage for the technology sector's data-handling and security exposures. 6,7Company-reported. Company-stated audience across the standalone cyber page and the IT-insurance page. |
| How to Apply | The US Cyber Proactive Response application is a one-page form asking whether multi-factor authentication is enforced for remote network access and email, whether backups are offline or MFA-secured, and whether the business had a cyber incident in the last three years. 4Company-reported. Cyber Proactive Response application form sections on cyber security controls and previous cyber incidents. | Hiscox says eligible buyers can get a cyber insurance quote online, with a licensed-agent phone line available for questions during the process. 6Company-reported. Company-described online application; eligibility and binding conditions require confirmation on the actual application. |
| Coverage Features | Cyber Proactive Response includes crime cover, a 12-month indemnity period for business interruption, and data recreation cover, with unlimited claim reinstatements available at either no deductible or a single deductible at most. 1Company-reported. Cyber product page Key features list for Cyber Proactive Response. | Hiscox describes cyber coverage as responding to data breaches, cyberattacks and related losses, and its IT-insurance page shows an illustrative breach-response example describing notification and related costs after a data incident. 6,7Company-reported. Product-page description; the illustrative example is explicitly a hypothetical scenario, not a specific limit or claim outcome, and actual coverage terms are set by the issued policy. |
| Role in This Line | CFC's flagship cyber product, Cyber Proactive Response, targets businesses with revenues from $0 to $250 million and pairs the policy with built-in security monitoring, incident response and claims handling rather than selling those as add-ons. 1Company-reported. Cyber insurance product page's Cyber Proactive Response summary; CFC separately sells Cyber (admitted), Corporate cyber for businesses at $250 million and up, and a Cyber excess policy. | Hiscox Inc. sells cyber insurance directly online as a standalone product for small businesses, separate from its business owner's policy, which also offers an optional cyber add-on. 6Company-reported. Company-stated standalone small-business cyber product; the BOP cyber add-on is a distinct package option described on a different page. |
