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Kovrilo has added cyber insurance to its modular commercial platform for UK small businesses. The MGA announced the move on 2 July. Specialist engineering and technology insurer HSB, a Munich Re company, underwrites the new cover.
The addition comes five months after Kovrilo’s launch. The MISSION-backed MGA went live in February 2026, led by Tim Smith and Sonia Habib. Its pitch is simple. Brokers build coverage line by line instead of buying a bundled package.
What the Cyber Cover Includes
The new module protects against cyber attacks, data breaches, ransomware, and related technology threats. It includes access to specialist cyber incident response support, according to the company. Kovrilo did not name the response provider. It also did not disclose limits, pricing, or turnover appetite.
Those details matter. Brokers comparing SME cyber options will want them. Pen Underwriting raised its SME cyber limit earlier this year with specifics attached. Amwins launched its cyber policy the same way.
Electrical Breakdown Rides Along
Kovrilo paired the cyber module with a new Electrical Breakdown add-on. That cover handles power surges, electrical arcing, mechanical failure, and electrical derangement. It extends to business interruption after an insured breakdown. The company also broadened its Plant, Machinery & Tools cover.
The pairing makes commercial sense. HSB has spent years arguing that cyber and equipment breakdown risks overlap for connected machinery. Kovrilo now sells both through one platform.
The Stat Behind the Pitch
Kovrilo cites the UK Government’s Cyber Security Breaches Survey 2025. That survey found 43% of UK businesses experienced a breach or attack in the prior year. True. Also incomplete. The figure dropped from 50% in 2024. Smaller firms reported fewer phishing incidents. SME cyber risk remains real. The trend line just points the other way from the marketing.
The demand problem persists regardless. UK SMEs still buy cyber cover at stubbornly low rates. Modular pricing may lower the barrier. That is the bet Kovrilo and its rivals are making.
“Kovrilo’s proposition is built on choice,” said Sonia Habib, Co-CEO, Commercial Director, and co-founder.
A Crowded Corner of the Market
Kovrilo enters a busy space. Willis expanded CyMax across EMEA with SME cyber in scope. Mulberri and Omnyy brought underwriting automation to UK SME lines. Bell Cyber launched CyberShield Connect for the same audience. Everyone wants the underinsured SME. The winner will be whoever makes buying painless and claims credible.
FAQ – Kovrilo Cyber Insurance
HSB, the specialist engineering and technology insurer owned by Munich Re, underwrites the cyber and electrical breakdown modules.
It covers cyber attacks, data breaches, ransomware, and related technology threats. It includes access to specialist incident response support. Kovrilo has not published limits or pricing.
Kovrilo is a MISSION-backed MGA that launched in February 2026. It offers modular commercial combined insurance for UK SMEs through brokers.
It covers sudden damage from power surges, arcing, mechanical failure, and electrical derangement. It extends to business interruption and increased operating costs after an insured breakdown.
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