Samsung Fire & Marine Insurance Co., Ltd. (삼성화재) (Samsung Fire & Marine Insurance Co., Ltd. (South Korea — Samsung Group))

Cyber Risk Insurance (사이버위험 보험)

Name: Cyber Risk Insurance (사이버위험 보험)
Brand: Samsung Fire & Marine Insurance Co., Ltd. (삼성화재)
Availability: InStock

by Samsung Fire & Marine Insurance Co., Ltd. (삼성화재)

B2BA+Direct—Domestic onlyKorean

Last updated Apr 2026

Product Details§ 01

Max Insurance Limit

Bespoke (KRW).

Market Focus

Mid-market to large enterprise.

AM Best Rating

A+ (Superior) – AM Best (Samsung Fire & Marine Insurance)

MGA / Direct

No – Direct insurer.

Policy Language

Korean

NIS2 / DORA Support

Not applicable.

War Exclusion

War and nation-state cyber exclusion applied (LMA-aligned).

Geographic Scope

Domestic only.

Broker Only

#1 P&C insurer in South Korea; global network of 20+ offices in 11 countries. South Korea cyber market: KRW 65.8bn (~$47M USD) as of 2024; 22% CAGR projected. May 2025: Cyberwrite partnership for AI-driven cyber catastrophe modelling and real-time underwriting analytics — 4SEEN platform deployed; improving SME risk assessment. Leading KIIC 2025 sponsor (Korea International Insurance Conference); committed to cyber risk expansion. Coverage: data breach, ransomware, BI, cyber extortion, third-party liability, privacy regulation compliance (PIPA). 2024: SK Telecom USIM hack, YES ransomware, Lotte Card breach — driving market awareness.

KRW-denominated domestic product; international coverage via global commercial partnerships.

Customer Contact

1800-1520 / https://www.samsungfire.com/

24/7 Crisis Hotline

1800-1520 (24/7 Samsung Fire claims line).

Broker Contact