Secure your company with cyber insurance

Cyber attacks are becoming commonplace, as more businesses turn to digital solutions. Let our experts help protect your business through cyber attacks, data loss and recovery.

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4.8/5

Google Reviews, Trusted by 5,000+ businesses

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What is cyber insurance​

Cyber insurance provides coverage for a business’s liability in the event of a breach on its Information Technology infrastructure that may result in leakage of sensitive data, such as customers’ personal information or business trade secrets. Having cyber insurance coverage will allow a business to mitigate the financial losses in the event of such a cyber-attack, as well as the costs of recovery and restoration in the aftermath of the incident.

Small and Medium sized enterprises (SMEs) are often targeted by cyber criminals as they usually lack the resources and cyber security infrastructure to protect themselves against a potential intrusion such as Malware or unauthorised access to the business’s cyber infrastructure.

Cost of cover can start from S$1,000 per year.

What does cyber insurance cover

Costs incurred from a cyber-attack:

  • Cyber-extortion during the attack
  • Remediation actions after the attack
  • Loss of business data
  • Loss of income and recovery cost incurred from network outage


Lawsuits from third parties for:

  • Wrongful disclosure of private information
  • Incidental IP infringement, defamation or negligence
  • Fines for failure to deter a computer malicious act

Examples of businesses that should get cyber insurance

  1. SMEs who may lack resources to set up a cyber security infrastructure for adequate protection.
  2. E-commerce businesses – because it stores personal identifiable information such as credit card details or delivery addresses.
  3. Businesses that offer membership or loyalty programmes to its customers – because it stores personal identifiable information such as credit card details or delivery addresses.
  4. Businesses using Customer Relationship Management systems that store sensitive data.
  5. Businesses that store trade secrets on their systems.

Why does cyber insurance matter​

  • Cybercrimes are on the rise, with an increase of 50% in 2019 and an overall increase among all sectors in 2020.
  • Digitalisation is inevitable for most businesses today. With it comes risks that all businesses should be aware of and get adequate protection on.
  • Cyber insurance helps businesses reduce the financial impact in the event of a cyber-attack, and recover from it in a shorter period of time.

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Frequently Asked Questions

Having a cyber-security system in place defends the business from cyber attacks, which reduces the chances of that happening. However in the event it does happen, cyber insurance can help your business manage the financial impact during and post the attack, and shorten the recovery time for your business to be back on track.

A cyber-attack is when an unauthorised entity access your business network and either causes disruption to the network or accessed or copied information and data stored within the network. More information

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100% Satisfaction Guarantee

Our refund policy:
We care about you – within 60 days from your purchase, if you’re unhappy with our services, we’ll refund our fee. Email or call us, and we’ll process the refund within five working days.

What it doesn’t cover:
We will not be able to refund Government fees once the application has been submitted, nor any third-party processing fees.

When it applies:
We cannot guarantee any specific legal outcomes when you use our services. For instance, a company registration might be filed correctly but still get rejected by the Company Registry for reasons beyond our control. We can only refund our fees for issues we are directly responsible for. In the case that you purchase a service and later change your mind, we can’t issue a refund.

Our customer support team is at your disposal for any questions or issue you may face.

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How would you like to start?

We take care of your needs from start to finish. From incorporation, accounting, corporate secretary, insurance and setting up your business account.

Already have an existing business? Transfer to Sleek to take advantage of our all-in-one platform and save yourself countless hours. 

Register your business

We take care of your needs from start to finish. From incorporation, accounting, corporate secretary, insurance and setting up your business account.

Transfer your business

Already have an existing business? Transfer to Sleek to take advantage of our all-in-one platform and save yourself countless hours. 

How would you like to start?

We take care of your needs from start to finish. From incorporation, accounting, corporate secretary, insurance and setting up your business account.

Already have an existing business? Transfer to Sleek to take advantage of our all-in-one platform and save yourself countless hours. 

Register your business

We take care of your needs from start to finish. From incorporation, accounting, corporate secretary, insurance and setting up your business account.

Transfer your business

Already have an existing business? Transfer to Sleek to take advantage of our all-in-one platform and save yourself countless hours.