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Cyber Risks Insurance

With the tremendous growth of electronic networks, the world has been become more digitally-connected than ever. Companies nowadays increasingly face new risk and exposures, ranging from physical losses, business interruption to liabilities and associated costs and expenses as a result of Cyber Attacks and Data Breaches. Welcome to the digital age, Cyber Risks are now a major threat to their businesses!

Cyber Insurance, a specialized insurance product, designed to protect businesses and individuals from an ever-evolving range of risks in response to fast-growing market needs and requirements. 

Cyber Insurance provides coverage against financial losses resulting from damage to or loss of information from IT systems and networks. Broadly speaking, Cyber Risks can be sub-divided into two affected categories, first-party and third-party exposures. Cyber Insurance exists to cover either or both of these type of risks exposures namely:-
First-party coverage may include:
  • Loss or damage to digital assets including data and software. 
  • Theft of money or digital assets through theft of equipment or electronic theft.
  • Business interruption due to denial of access to network or system.
  • Reputational damage arising from data breaches causing loss of intellectual property or customers.
Third-party Insurance coverage may include assets or information of others, typically your customers:
  • Loss of customers' private data and may include compensation to customers for failure of software / system, or denial of access.
  • Breach of network security and privacy, cost of defense / investigation, and associating civil damages.
  • Multi-media liability: cover cost of defense / investigation, and civil damages arising from defamation, privacy breach or negligence in publication of electronic or print media.

Have a query or question? Please call us on +84 (28) 3514 7969 or email us at enquiry@aegisrs.com for further advice!

Email Us: enquiry@aegisrs.com
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+84 28 3514 7969-70
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General Insurance Team
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OPERATIONAL INSURANCE SOLUTIONS
  • Property and Casualty Insurance 
  • Money, Fidelity Guarantee and Crime Insurance
  • Key Man Insurance
  • Jewellers Block Insurance
  • Extended Warranty Insurance
  • Group Motor Fleet Insurance
  • ​Business Interruption Insurance 

WHAT'S NEW
  • "Phishing: Understanding Your Cyber Adversaries" - AEGIS Vietnam | Cyber Liability Insurance Team (21/04/2016)
  • "Cyber, Regulation Seen as Top Emerging Risks, Report Finds" - AEGIS Vietnam & Myanmar -| Cyber Liability/Financial Lines Team (19/04/2016)
  • "Cyber security in Asia - By Ralph Sherbahn, Underwriting Manager, Asia, Financial Lines, XL Catlin" - AEGIS Financial Lines Team (14/04/2016)
  • "How Cybersecure is Your Company?" - AEGIS Vietnam | Cyber Liability Insurance (05/04/2016)
OTHER NEWS
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