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Cyber Insurance
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Safeguards businesses against financial losses arising from data breaches, cyber attacks, and other cyber-related events.
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We’re Setting The Standard
We’ve sustained high standards.
We’ve set new benchmarks.
We’re here to stay.
6000+
Businesses Covered
800cr+
Claims Processed
95%
Claims Paid
What Cyber Insurance Covers:
Cyber insurance covers losses to your own business — data recovery, downtime, reputation repair — and your liabilities to customers, regulators, and other stakeholders after a breach.
01
Data Breach & Cyber Attack Losses
Covers financial losses arising from data breaches caused by malware, hacking, network attacks and other malicious cyber events.
02
Loss of Sensitive Data
Covers liabilities arising from unauthorized access, loss or disclosure of personal, confidential or sensitive data.
03
Business Interruption
Covers loss of income and additional operating expenses incurred when your own business operations are disrupted by a covered cyber event.
04
Ransom Response Costs
Covers costs associated with responding to ransomware and cyber-extortion incidents, including expenses for ransomware negotiators, crisis-response consultants, intermediaries, and other specialists engaged to support the response.
05
Fund Transfer & Social Engineering Losses
Covers financial losses where fraudulent instructions, impersonation or social engineering cause unauthorized transfer of company funds, where specifically covered.
06
Key Expenses
Covers costs such as cyber forensics, legal expenses, PR & crisis management and customer or regulatory notification expenses following a cyber incident.
What's Not Covered Under Cyber Insurance:
Critical Infrastructure Failures
Widespread power, internet or network outages affecting business operations.
Known & Unremediated Weaknesses
Losses arising from known system weaknesses that were not remediated.
Employee Fraud & Management Claims
Deliberate dishonesty, and claims against directors or senior leaders.
Professional & Other Business Risks
Professional errors, design failures, service-related negligence, or losses better suited to other insurance policies.
Why Prioritise Cyber Insurance?
Growing Cyber Threats
Over 1.3 million cyber incidents were reported in 2022. The average cost of a data breach in India in 2023 was ₹17.9 crore.
Contractual requirements
Global customers increasingly prefer businesses with cyber insurance, as it demonstrates stronger governance and preparedness for data and cybersecurity risks.
Growing Cyber Threats
Over 1.3 million cyber incidents were reported in 2022. The average cost of a data breach in India in 2023 was ₹17.9 crore.
Regulatory ObligationS
As India’s DPDP framework takes effect in phases, businesses should prepare early for evolving data protection, breach response and regulatory obligations.
Contractual obligations
Global customers increasingly prefer businesses with cyber insurance, as it demonstrates stronger governance and preparedness for data and cybersecurity risks.
Emerging AI risks
AI can create uncertain or inconsistent outcomes, particularly where businesses do not have complete control over the accuracy or consistency of AI-generated outputs.
Regulatory ObligationS
As stricter data processing frameworks take effect in phases, businesses should prepare early for evolving data protection, breach response and regulatory obligations.
Emerging AI risks
AI can create uncertain or inconsistent outcomes, particularly where businesses do not have complete control over the accuracy or consistency of AI-generated outputs.
How We Help You:
Frequently Asked Questions
How do I know my business's cyber risk exposure?
Your cyber-risk depends on what you need to protect and how your business operates. Consider the data you hold, your access to customer systems, reliance on technology and cloud infrastructure, third-party vendors, the potential impact of an outage, and any regulatory or contractual obligations. These factors can help determine the level and type of cyber cover your business may need.
What are my actual legal and financial liabilities if my company's data is leaked?
A data breach can result in claims from customers, clients or affected individuals, as well as legal defence and settlement costs. Your business may also incur expenses for forensic investigations, data restoration, breach notification, crisis management and public relations, along with business interruption losses. Regulatory investigations and penalties may also apply where legally insurable. DPDP requirements add another layer of regulatory exposure for businesses handling personal data.
At what stage should our company seriously consider Cyber Insurance?
Before you begin operations or start handling sensitive data. Cyber risk starts early — when your business begins storing or processing personal or customer data, confidential client information, intellectual property, product designs or other valuable business information.
What is the average cost of a cyber incident, and does this policy fully absorb it?
The average data breach in India costs companies around ₹22 crore in operational downtime, ransom payments, and incident recovery. Cyber Insurance acts as a direct financial shock absorber, covering third-party legal fees, data recovery, business interruption loss, and extortion demands.
