Cyber insurance explained
The cheapest cyber insurance in Singapore today
For 20 combinations of revenue and limit: the cheapest plan today from Allied World's, Sompo's and Great American's proposal forms. Where two insurers print the same figure, both are named.
The cheapest for each revenue and limit
| Example | Cheapest | Insurer | Plans priced |
|---|---|---|---|
| S$1m revenue, S$250k limit | S$981.00 | Allied World and Great American | 5 |
| S$1m revenue, S$500k limit | S$1,308.00 | Allied World and Great American | 5 |
| S$1m revenue, S$1m limit | S$1,635.00 | Allied World and Great American | 5 |
| S$1m revenue, S$2m limit | S$2,071.00 | Allied World | 4 |
| S$3m revenue, S$250k limit | S$1,308.00 | Allied World and Great American | 5 |
| S$3m revenue, S$500k limit | S$1,635.00 | Allied World and Great American | 5 |
| S$3m revenue, S$1m limit | S$1,962.00 | Allied World and Great American | 5 |
| S$3m revenue, S$2m limit | S$2,507.00 | Allied World | 4 |
| S$5m revenue, S$250k limit | S$1,526.00 | Allied World and Great American | 5 |
| S$5m revenue, S$500k limit | S$1,962.00 | Allied World and Great American | 5 |
| S$5m revenue, S$1m limit | S$2,398.00 | Allied World and Great American | 5 |
| S$5m revenue, S$2m limit | S$3,052.00 | Allied World | 4 |
| S$10m revenue, S$250k limit | S$2,289.00 | Allied World and Great American | 5 |
| S$10m revenue, S$500k limit | S$2,943.00 | Allied World and Great American | 5 |
| S$10m revenue, S$1m limit | S$3,597.00 | Allied World and Great American | 5 |
| S$10m revenue, S$2m limit | S$4,578.00 | Allied World | 4 |
| S$20m revenue, S$250k limit | S$3,161.00 | Allied World and Great American | 5 |
| S$20m revenue, S$500k limit | S$4,251.00 | Allied World and Great American | 5 |
| S$20m revenue, S$1m limit | S$5,341.00 | Allied World and Great American | 5 |
| S$20m revenue, S$2m limit | S$7,085.00 | Allied World | 4 |
None of Allied World, Sompo and Great American is one of our featured insurers for cyber insurance, so we rank none of them: every insurer’s plans are shown, cheapest first. Every revenue and limit · Price your own business.
How these prices are worked out
The prices are the Standard Plan tables printed on each insurer’s own proposal form (Allied World SG-CYBER1023-PF (0625), Sompo Oct 24, Great American F.40323B (12/24)), premiums including GST, read on 2 Nov 2026. A Premier Plan is the Standard figure plus the 50% loading Allied World’s and Sompo’s forms state. The insurers price on the past twelve months' revenue, in five bands up to S$20,000,000, and the limit. An unlimited retroactive date (20% more at Allied World and Sompo) is not priced here. Nothing here is a live quote. Shenton Brokers is an insurance broker in Singapore. Every example is in a CSV file, updated daily.
Questions people ask
Which cyber insurance is the cheapest?
On 12 Nov 2026, Allied World and Great American are at the lowest price on 15 of the 20 examples on our pages; Allied World is at the lowest price on 5 of the 20 examples on our pages.
If two charge the same, what differs?
The excess and the business interruption wait: Allied World S$1,000.00 a claim with an 8-hour wait; Sompo S$1,000.00 a claim with an 8-hour wait; Great American S$5,000.00 a claim with a 12-hour wait. The cover sections also differ; each example’s page lists them.
Is the cheapest plan the best?
Not always. The limits inside the policy differ, for example for cyber extortion and funds transfer fraud. Each example's page sets every plan's cover beside its price.
How do I buy it?
Each insurer sells through intermediaries, so a broker places it: Apply Now opens the insurer’s own proposal form on our site, filled in from your answers. The form asks about your business, the data you hold, your security controls and your loss history, and the insurer confirms the premium. Ask Shenton to arrange sends us the plan you picked and we arrange it for you.