ICICI Lombard General Insurance Company Limited (ICICI Bank Group (India))
Cyber Insurance (Corporate + SME)
by ICICI Lombard General Insurance Company Limited
B2BBDirect—Broker onlyDomestic onlyEnglish
Last updated Apr 2026
Product Details§ 01
Max Insurance Limit
Bespoke.
Min Premium / Revenue
From ₹10,000/yr for SME.
Market Focus
All sizes; all industries.
AM Best Rating
Not rated by AM Best (IRDAI-regulated domestic Indian insurer; strong domestic financial standing).
MGA / Direct
No – Direct insurer.
Policy Language
English / Hindi
NIS2 / DORA Support
Not applicable.
War Exclusion
War and nation-state cyber exclusion applied (LMA-aligned).
Geographic Scope
Domestic only.
Broker Only
Yes
Advantages & Limitations§ 02
Advantages
- ICICI Lombard: India's #1 private general insurer.
- Cyber insurance for businesses of all sizes; dedicated cyber incident response team.
- Coverage: data theft, cyber extortion, BI loss, ransomware, RC third-party (data breach, privacy violations), Digital Personal Data Protection Act (DPDPA) notification, legal costs.
- 2025 enhancement: expanded first- and third-party coverages for Indian mid-sized enterprises.
- Global coverage available for multinational Indian companies.
- Premiums from ₹10,000/yr; wide SME accessibility.
- India cyber market: USD $582M (2025), growing at 28.76% CAGR through 2034.
Limitations
- India domestic product (admitted; IRDAI-regulated).
Contact & Response§ 03
Customer Contact
24/7 Crisis Hotline
24/7 dedicated incident response team.
Broker Contact