🇦🇪 UAE
Sukoon Insurance PJSC (formerly Oman Insurance Company) (Sukoon Insurance PJSC (UAE — Al-Futtaim Group))

Commercial Cyber Insurance (via Lloyd's Syndicate 2880)

by Sukoon Insurance PJSC (formerly Oman Insurance Company)
B2BADirect—Broker onlyMENA / GCCEnglish
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Last updated 07.05.2026

Commercial Cyber Insurance (via Lloyd's Syndicate 2880) is a cyber insurance product underwritten by Sukoon Insurance PJSC (formerly Oman Insurance Company) (Sukoon Insurance PJSC (UAE — Al-Futtaim Group)), available in UAE. It is aimed at small and medium-sized businesses, mid-market companies and large enterprises. Coverage limits reach up to Via Lloyd's Syndicate 2880; bespoke.. The carrier holds an AM Best rating of A (Excellent) – AM Best. It is distributed through insurance brokers.

Product Details§ 01

Max Insurance Limit
Via Lloyd's Syndicate 2880; bespoke.
Min Premium / Revenue
No revenue threshold published
Market Focus
SME, Mid-market, Large
AM Best Rating
A (Excellent) – AM Best
MGA / Direct
No – Direct insurer (also Lloyd's syndicate capacity).
Policy Language
English / Arabic
NIS2 / DORA Support
Not applicable.
War Exclusion
War and nation-state cyber exclusion applied (LMA-aligned).
Geographic Scope
MENA / GCC.
Broker Only
Yes

Advantages & Limitations§ 02

Advantages

  • Commercial Cyber Insurance via Lloyd's Syndicate 2880: specialist Lloyd's capacity providing broad cyber coverage for UAE-based and GCC-operating commercial organisations.
  • Coverage: data breach response, cyber extortion/ransomware, BI loss, data recovery, network security liability, privacy regulatory defence, NESA/PDPL notification costs.
  • Al-Futtaim Group backing: strong domestic UAE distribution via Al-Futtaim network; DIFC and mainland UAE presence.
  • Lloyd's market expertise: access to specialist cyber underwriting and claims expertise from Lloyd's syndicates.

Limitations

  • Primarily domestic and regional GCC focus.
  • No public information available.

Contact & Response§ 03

Customer Contact
https://www.syndicate2880.com/contact-us
24/7 Crisis Hotline
+971 4 233 7777 (24/7 Sukoon claims).
Broker Contact
https://www.syndicate2880.com/products

Frequently asked questions§ 04

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Who is Commercial Cyber Insurance (via Lloyd's Syndicate 2880) designed for?

Commercial Cyber Insurance (via Lloyd's Syndicate 2880) by Sukoon Insurance PJSC (formerly Oman Insurance Company) targets small and medium-sized businesses, mid-market companies and large enterprises in UAE. Geographic scope: MENA / GCC..

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Does Commercial Cyber Insurance (via Lloyd's Syndicate 2880) help with NIS2 or DORA compliance?

Sukoon Insurance PJSC (formerly Oman Insurance Company) indicates the following NIS2/DORA support for this product: Not applicable..

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How can I buy Commercial Cyber Insurance (via Lloyd's Syndicate 2880) in UAE?

Commercial Cyber Insurance (via Lloyd's Syndicate 2880) is sold through insurance brokers — broker contact: https://www.syndicate2880.com/products. Compare it with alternatives in UAE on Ryskly before approaching a broker.