Typical cyber insurance quotes in Singapore
Cyber insurance for S$10m revenue, S$1m limit
What cyber insurance costs today for a Singapore business with S$10,000,000 of revenue over the last twelve months, wanting a S$1,000,000 limit of liability. Each price is from the insurer's own proposal form, a year, GST included.
In short
On 12 Nov 2026, cyber insurance for a Singapore business with S$10,000,000 of revenue over the last twelve months, wanting a S$1,000,000 limit of liability costs from S$3,597.00 a year (GST included) at Allied World and Great American (the same price); 5 plans from 3 insurers are priced here, up to S$5,579.45 (Sompo, Premier Plan).
- Cheapest: S$3,597.00 a year at Allied World and Great American (the same figure).
- At that price, the excess is S$1,000.00 at Allied World and S$5,000.00 at Great American.
Price your own business on our cyber page: it asks your revenue and the limit you want (S$250,000, S$500,000, S$1,000,000, S$2,000,000).
Insurer by insurer
| Insurer | A year | Limit of liability | Excess on every claim | Business interruption | Revenue band |
|---|---|---|---|---|---|
| Allied WorldCyber Liability Insurance Standard Plan, S$1,000,000 limit | S$3,597.00 | S$1,000,000 | S$1,000.00 | After an 8-hour wait | S$5,000,001 to S$10,000,000 |
| Great AmericanCyber Insurance for Small & Medium Enterprises, S$1,000,000 limit | S$3,597.00 | S$1,000,000 | S$5,000.00 | After a 12-hour wait | S$5,000,001 to S$10,000,000 |
| SompoSME Data & Cyber Security Insurance Standard Plan, S$1,000,000 limit | S$3,719.63 | S$1,000,000 | S$1,000.00 | After an 8-hour wait | S$5,000,001 to S$10,000,000 |
| Allied WorldCyber Liability Insurance Premier Plan, S$1,000,000 limit | S$5,395.50 | S$1,000,000 | S$1,000.00 | After an 8-hour wait | S$5,000,001 to S$10,000,000 |
| SompoSME Data & Cyber Security Insurance Premier Plan, S$1,000,000 limit | S$5,579.45 | S$1,000,000 | S$1,000.00 | After an 8-hour wait | S$5,000,001 to S$10,000,000 |
How each price is worked out:
- Allied World Cyber Liability Insurance Standard Plan, S$1,000,000 limit: Allied World’s premium a year for revenue of S$5,000,001 to S$10,000,000 (yours S$10,000,000) at a S$1,000,000 limit, as printed on its proposal form (SG-CYBER1023-PF (0625)), GST included; excess S$1,000.00 a claim.
- Great American Cyber Insurance for Small & Medium Enterprises, S$1,000,000 limit: Great American’s premium a year for revenue of S$5,000,001 to S$10,000,000 (yours S$10,000,000) at a S$1,000,000 limit, as printed on its proposal form (F.40323B (12/24)), GST included; excess S$5,000.00 a claim.
- Sompo SME Data & Cyber Security Insurance Standard Plan, S$1,000,000 limit: Sompo’s premium a year for revenue of S$5,000,001 to S$10,000,000 (yours S$10,000,000) at a S$1,000,000 limit, as printed on its proposal form (Oct 24), GST included; excess S$1,000.00 a claim.
- Allied World Cyber Liability Insurance Premier Plan, S$1,000,000 limit: Allied World’s premium a year for revenue of S$5,000,001 to S$10,000,000 (yours S$10,000,000) at a S$1,000,000 limit, as printed on its proposal form (SG-CYBER1023-PF (0625)), GST included, the Standard Plan’s figure plus the 50% Premier loading the form states; excess S$1,000.00 a claim.
- Sompo SME Data & Cyber Security Insurance Premier Plan, S$1,000,000 limit: Sompo’s premium a year for revenue of S$5,000,001 to S$10,000,000 (yours S$10,000,000) at a S$1,000,000 limit, as printed on its proposal form (Oct 24), GST included, the Standard Plan’s figure plus the 50% Premier loading the form states; excess S$1,000.00 a claim.
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.
What would change the price
| Change | Lowest price | Difference |
|---|---|---|
| A S$2,000,000 limitInstead of S$1,000,000. Cheapest: Allied World. | S$4,578.00 | +S$981.00 |
| A S$500,000 limitInstead of S$1,000,000. Cheapest: Allied World and Great American. | S$2,943.00 | −S$654.00 |
| Revenue of S$20,000,000The next revenue band up. Cheapest: Allied World and Great American. | S$5,341.00 | +S$1,744.00 |
| Revenue of S$5,000,000The next revenue band down. Cheapest: Allied World and Great American. | S$2,398.00 | −S$1,199.00 |
| A Premier PlanAdds hacker theft, loss adjustor, emergency and loss mitigation costs at S$50,000 each (the cheapest Premier Plan is Allied World’s). | S$5,395.50 | +S$1,798.50 |
Why it costs this
For a Singapore business with S$10,000,000 of revenue over the last twelve months, wanting a S$1,000,000 limit of liability:
- Every insurer here prices on two things only: the revenue band (yours is of S$5,000,001 to S$10,000,000) and the limit. A revenue anywhere in the band pays the same.
- Allied World and Great American print the same figure, S$3,597.00, but Allied World’s excess is S$1,000.00 a claim and Great American’s deductible S$5,000.00; business interruption pays after 8 hours at Allied World and 12 at Great American.
- Sompo runs the same programme as Allied World with figures about 3% higher: S$3,719.63 against S$3,597.00.
- A Premier Plan costs 50% more than the Standard Plan and adds hacker theft, loss adjustor, emergency and loss mitigation costs at S$50,000 each. An unlimited retroactive date costs 20% more and is not priced here.
Price history
For a Singapore business with S$10,000,000 of revenue over the last twelve months, wanting a S$1,000,000 limit of liability: Since 10 Nov 2026 the lowest price is unchanged, and Allied World and Great American has been cheapest throughout.
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. This page's figures and every example are in CSV files, updated daily.
Every revenue and limit · Compare cyber insurance for your own business.
Questions people ask
How much is cyber insurance for a business with S$10,000,000 revenue and a S$1,000,000 limit?
From S$3,597.00 a year on the insurers’ published tables, GST included, at Allied World and Great American.
If two insurers charge the same, what differs?
The excess and the business interruption wait. At the lowest price, Allied World’s excess is S$1,000.00 a claim with an 8-hour wait; Great American’s is S$5,000.00 with a 12-hour wait.
What does the cheapest plan cover?
Allied World Cyber Liability Insurance Standard Plan, S$1,000,000 limit: limit of liability, in all S$1,000,000; business interruption full limit, after a 8-hour wait; excess on every claim S$1,000.00.
What is cyber insurance?
A policy for the day your business is hacked, locked out of its own systems or finds customer data has leaked. It pays an IT forensics team to find and close the breach, lawyers to work out what the PDPA requires you to do, and the cost of telling the customers affected. It restores your data and systems, replaces the income you lose while you cannot trade, and handles a ransom demand. If customers or partners whose data was exposed claim against you, or the regulator investigates, it pays your defence and the damages you owe.
Who can buy at these prices?
The tables are for a business based in Singapore with revenue up to S$20,000,000, a clean loss history and the basic controls (malware protection, patching, firewalls, backups). Payment processors, online trading and e-commerce platforms taking payments, data aggregators, gambling, digital currency and financial institutions are outside them; Sompo also leaves out law firms, clinics, insurance brokers and recruiters.
Has the price changed?
Since 10 Nov 2026 the lowest price is unchanged, and Allied World and Great American has been cheapest throughout.
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.
Why might my own price be different?
Revenue and the limit set the price on these pages. Each insurer’s proposal form also asks about your business, the data you hold, your security controls and your loss history, and the insurer confirms the premium.