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CYBER RISK INSURANCE
Today, regardless of the industry and company size, no business is immune to cyber attacks or hacking. BLACAZ. Cyber Risk Insurance is tailor-made for our SME and Startup clients.
BLACAZ. Cyber Risk Insurance protects your business against any event of cybercrime such as fraud, data theft, data breach, malware, ransomware attacks, or even social engineering, where criminals attempt to fool you into parting with money, information, or both.
Additionally, BLACAZ. Cyber Risk Insurance offers a complimentary Avast Antivirus and Firewall protection for up to 30 devices and 300GB of Cloud Storage with every policy issued and a dedicated 24/7 incident response team to assist with any covered cyber incident.
Get Your Cyber Risks Insurance Online
Select the Limit of Liability
S$100K
S$500K
S$1M
S$3M
Insurance for
Starts from
S$880
/year
Your BLACAZ. management fees on us when you sign up for your annual premium
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Customize & Buy
Your benefits
No frills, just expertise, transparency and common sense.
We've got you covered.
Legal lawsuit
Covers accidental loss or damage to your personal properties on-premises. Also includes burglary even without forcible/violent entry.
Expenses incurred to recover data
Covers legal costs and compensation payments for injury or property damage to a client, contractor, or another member of the public.
Personal Accident
Covers the insured employees for accident-related injuries, death, and permanent disabilities.
Work Injury Compensation (Optional)
Covers work-related injuries or diseases without having to file a civil suit under common law.

FAQs - Cyber Risks

Find the replies to your questions right below or connect with us!
What is Cyber Risks insurance?

Cyber insurance protects companies against risks related to I.T. (information technology) infrastructure and activities. Cyber risk policy indemnifies the company against:

  • Legal lawsuit following a breach of private information or defamation
  • Expenses incurred to recover data, provide security audit, or post-accident public relations and investigations expenses
  • Support for the consequences of an interruption of online activity
  • Consultant fees necessary to end any threat of extortion;
  • Reimbursement of cyber-ransoms to pay
  • Financial compensations for the loss of any data
Who needs Cyber Risks insurance?

Cyber Risk insurance is a must have for any business that deals with personal identifiable information i.e. any data that can be used to identify a person as well as any Information Technology related risks.

What does Cyber Risks insurance not cover?

Cyber-Insurance covers losses arising from internet-based risks and helps organizations to settle the costs involved with the recovery of a cyber-related security breach or similar event.

However like every other insurance, cyber insurance policies also have few exclusions that are important to understand.

  • Potential future lost profits
  • Loss of value due to theft of your Intellectual Property
  • the cost to improve internal technology systems, including any software or security upgrades after a cyber event
How to switch insurance if I'm already covered?

Switching policy provider at the time of renewal, that is when your current insurance is near expiration, is straightforward. However, it's important to maintain the continuity of coverage while switching insurance providers. Our team at BLACAZ is always eager to assist you, so get in touch if you have any concerns.

Other Corporate Products
Find the replies to your questions right below or connect with us!
Professional Indemnity
No frills, just expertise, transparency and common sense. We've got you covered.
Startup & SME Business Package
We protect your Startup and SME against all risks and contribute to a quick recovery at the cheapest price.
Corporate Health
We cover your employees health expenses and boost the attractiveness of your company.
Learn More

Connect with a Professional

An unanswered question? Need expert advice?
Choosing the right insurance is not always easy, don't hesitate to contact us,
we are here to help you.
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