Groupama has revised its existing corporate and business insurance products to offer cover for online risks.

The optional extensions include cover for infringement of intellectual property rights, breach of confidence or infringement of any right to privacy, defamation, loss of documents and business interruption.

Maggie Lister, Groupama Insurances' commercial director, said: “The problem is that the internet provides access to a huge customer base, literally at the touch of a button.

“The potential risks for a business arising from any form of error or omission is obvious and we have updated our policies with this in mind.”