Cyber Insurance in India
Compare 10 cyber insurance products available in India. All data verified directly from providers.
| Country↑ | Company / Product | Max Insurance Limit | Services | AM Best | NIS2 | Channel | Broker | ||
|---|---|---|---|---|---|---|---|---|---|
| India | AIG India (AIG Insurance Company, India Branch)CyberEdge | Bespoke. | AGrade A (Integrated)+ Vulnerability scanning+ Phishing simulation+ Training & awareness+ Threat intelligence+ Risk assessment+ Pre-breach advisory | A | — | Direct | Yes | → | |
| India | Allianz Global Corporate & Specialty SE – India BranchCyber Risk Insurance | Bespoke. | BGrade B (Proactive)+ Vulnerability scanning+ Training & awareness+ Risk assessment+ Incident response+ Crisis management | B | — | Direct | No | → | |
| India | Bajaj Allianz General Insurance Company LimitedBajaj Allianz Cyber Shield Insurance | Bespoke. | DGrade D (Entry)+ Phishing simulation | B | — | Direct | Yes | → | |
| India | HDFC ERGO General Insurance Company LimitedCyber Sachet / Cyber Suraksha Insurance (Individual + Corporate) | Bespoke. | FGrade F (Indemnity only)No proactive services included | B | — | Direct | Yes | → | |
| India | ICICI Lombard General Insurance Company LimitedCyber Insurance (Corporate + SME) | Bespoke. | DGrade D (Entry)+ Incident response | B | — | Direct | Yes | → | |
| India | Markel International Insurance Company Ltd. – IndiaMarkel Cyber 360 International | USD 10M / GBP 10M / EUR 10M per risk (primary or excess). | CGrade C (Emerging)+ Penetration testing+ Training & awareness+ Incident response+ Crisis management | A | — | Direct | Yes | → | |
| India | Swiss Re India BranchCyber Excess Insurance (SRCS) | Up to USD/EUR 10M excess capacity; sits above primary policy. | CGrade C (Emerging)+ Threat intelligence+ Incident response+ Cyber risk engineering | A+ | — | Direct | Yes | → | |
| India | Swiss Re India BranchPrimary Cyber (SRCS) | Up to USD/EUR 30M primary capacity. | CGrade C (Emerging)+ Threat intelligence+ Incident response+ Cyber risk engineering | A+ | — | Direct | Yes | → | |
| India | Tata AIG General Insurance Company LimitedCyberShield Insurance | Bespoke. | CGrade C (Emerging)+ Vulnerability scanning+ Risk assessment+ Pre-breach advisory | B | — | Direct | Yes | → | |
| India | Zurich Insurance Company Ltd – India (Zurich Kotak General Insurance)Zurich Cyber Solution | Bespoke. | SGrade S (Best-in-class)+ Vulnerability scanning+ Penetration testing+ Phishing simulation+ Training & awareness+ MDR / EDR+ Risk assessment+ Incident response+ Pre-breach advisory+ Cyber risk engineering+ Crisis simulation+ 3rd party risk assessment | A+ | — | Direct | No | → |
Cyber insurance market in India
10 cyber insurance products are available in India from 9 providers, and the market splits cleanly in two: domestic retail insurers selling standardised policies with published rupee premiums, and global corporate carriers writing bespoke programs for larger enterprises.
The retail side is unusual by global standards: India is one of the few markets where cyber premiums are published openly. HDFC ERGO starts at ₹2,000 per year for individuals, Bajaj Allianz from ₹7,000, ICICI Lombard from ₹10,000 for SMEs and Tata AIG from ₹12,000. 3 products explicitly cover micro-businesses and individuals, which is rare; most countries have no personal cyber segment at all.
The corporate side looks like everywhere else: AIG CyberEdge (minimum premium around $5,000), Markel Cyber 360 for turnover between USD 50M and 5B, and Swiss Re writing up to USD 30M primary and USD 10M excess capacity for large enterprises. 10 of the 10 products serve large corporates.
How to buy
8 of the 10 products are placed through brokers, including all the retail ones, which are also sold through agents and bancassurance channels. 2 products, from Zurich and Allianz Commercial, can be approached directly. Domestic policies are written in INR with bespoke limits; the global carriers quote limits in USD or EUR.
Frequently asked questions
+Which companies offer cyber insurance in India?
10 cyber insurance products are currently available in India from 9 providers, including AIG India (AIG Insurance Company, India Branch), Allianz Global Corporate & Specialty SE – India Branch, Bajaj Allianz General Insurance Company Limited, HDFC ERGO General Insurance Company Limited, ICICI Lombard General Insurance Company Limited, Markel International Insurance Company Ltd. – India and 3 more. Ryskly lists coverage details, limits and contacts for each, verified directly from provider materials.
+Can small businesses get cyber insurance in India?
Yes — 4 of the 10 products in India explicitly target small and medium-sized businesses, and 3 also cover micro-companies and sole traders. Small firms are a primary target for phishing and ransomware, so most insurers now offer SME-focused cyber policies.
+What proactive security services are included with cyber policies in India?
Beyond claims coverage, insurers in India commonly bundle preventive services: incident response (6 products), cyber risk assessment (4 products), security awareness training (4 products), vulnerability scanning (4 products), phishing simulation (3 products). These services reduce breach probability and are typically included at no extra cost.
+How financially strong are the cyber insurers in India?
5 of the 10 listed products in India are backed by carriers holding an AM Best rating in the A range, of which 3 are rated A+. AM Best ratings measure an insurer's ability to pay claims.
+Can I buy cyber insurance in India directly, or do I need a broker?
2 of 10 products in India are available directly from the insurer, while 8 are sold only through brokers. Each product page on Ryskly shows the relevant contact route.