Cyber Insurance in South Korea
Compare 4 cyber insurance products available in South Korea. All data verified directly from providers.
| Country↑ | Company / Product | Max Insurance Limit | Services | AM Best | NIS2 | Channel | Broker | ||
|---|---|---|---|---|---|---|---|---|---|
| South Korea | Allianz Global Corporate & Specialty SE – Korea BranchAllianz Cyber Insurance – Korea | Bespoke. | DGrade D (Entry)+ Crisis management | A+ | — | Direct | Yes | → | |
| South Korea | Samsung Fire & Marine Insurance Co., Ltd. (삼성화재)Cyber Risk Insurance (사이버위험 보험) | Bespoke (KRW). | FGrade F (Indemnity only)No proactive services included | A+ | — | Direct | No | → | |
| South Korea | Swiss Re AsiaPrimary Cyber (SRCS) | Up to USD/EUR 30M primary capacity. | CGrade C (Emerging)+ Threat intelligence+ Incident response+ Cyber risk engineering | A+ | NIS2 | Direct | Yes | → | |
| South Korea | Swiss Re AsiaCyber 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+ | NIS2 | Direct | Yes | → |
Cyber insurance market in South Korea
South Korea has 4 cyber insurance products listed on Ryskly, offered by 3 providers including Allianz Global Corporate & Specialty SE – Korea Branch, Samsung Fire & Marine Insurance Co., Ltd. (삼성화재) and Swiss Re Asia.
Of these, 2 combine cyber with Tech E&O. 2 products signal NIS2/DORA compliance support.
The most common bundled proactive services in South Korea are incident response, threat intelligence, cyber risk engineering, crisis management — preventive tooling insurers include to reduce the chance of a claim.
Frequently asked questions
+Which companies offer cyber insurance in South Korea?
4 cyber insurance products are currently available in South Korea from 3 providers, including Allianz Global Corporate & Specialty SE – Korea Branch, Samsung Fire & Marine Insurance Co., Ltd. (삼성화재) and Swiss Re Asia. Ryskly lists coverage details, limits and contacts for each, verified directly from provider materials.
+Do cyber insurers in South Korea support NIS2 and DORA compliance?
2 of 4 products in South Korea indicate support for NIS2 or DORA regulatory requirements — useful if your business falls under EU cybersecurity regulation or supplies companies that do.
+What proactive security services are included with cyber policies in South Korea?
Beyond claims coverage, insurers in South Korea commonly bundle preventive services: incident response (2 products), threat intelligence (2 products), cyber risk engineering (2 products), crisis management (1 product). These services reduce breach probability and are typically included at no extra cost.
+How financially strong are the cyber insurers in South Korea?
4 of the 4 listed products in South Korea are backed by carriers holding an AM Best rating in the A range, of which 4 are rated A+. AM Best ratings measure an insurer's ability to pay claims.
+Can I buy cyber insurance in South Korea directly, or do I need a broker?
1 of 4 products in South Korea are available directly from the insurer, while 3 are sold only through brokers. Each product page on Ryskly shows the relevant contact route.