Cyber insurance

Gain comprehensive cyber insurance protection for organisations of all sizes, along with the critical first-response support needed to investigate, control, mitigate and remove cyber security threats.

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The digital reality of cyber threats and losses in Asia

Cyber threats have rapidly evolved into one of the leading causes of financial loss for businesses across Asia1. As digital transformation accelerates, organisations are increasingly exposed to sophisticated and costly cyberattacks.

Rising Threats: Ransomware and Beyond

Ransomware attacks have surged across the region, targeting critical sectors such as healthcare, public services, and infrastructure. These attacks not only inflict direct financial damage but also disrupt essential services and erode public trust2. The cost of operational downtime and reputational harm often rivals or exceeds the ransom demands themselves.

Meanwhile, the cybersecurity landscape is being transformed by artificial intelligence (AI) and automation. These technologies significantly enhance threat detection and incident response, reducing breach costs by an average of USD $1.76 million and shortening the data breach lifecycle by 108 days3. However, cybercriminals are also exploiting AI to execute more sophisticated attacks, including AI-generated deepfakes and automated phishing campaigns4.

The significance of cyber insurance

Given the escalating financial impact of cyber threats in Asia, more companies are recognising the importance of adopting cyber insurance as a critical component of their cyber resilience strategy.  With cyber attacks such as ransomware attacks causing substantial financial and operational disruptions, businesses are increasingly vulnerable to significant losses.

Cyber insurance not only helps mitigate the financial fallout from breaches but also supports organisations with crisis management capabilities. In recent years, cyber insurance products have evolved to include advanced cybersecurity mitigation features. By investing in cyber insurance, companies can better safeguard their assets and ensure continuity in the face of evolving cyber threats.

Cyber insurance can support you when a cyber event happens via:

24/7 Crisis and Rapid Incident Response Support - 24x7 hotline to access to cyber incident response manager, anytime, before, during and after the incident

  • Support from a panel of Cyber Crisis Response experts, including IT forensics specialists, legal breach advisors, crisis communications professionals, and negotiation experts to help identify root causes, mitigate damages, and manage incidents effectively.
  • Court attendance, PR costs and subsidised IT risk management.

First Party Cost and Expenses Coverage - Incident response costs (forensics, credit monitoring, PR, notification) coverage

  • Business interruption coverage for loss of profit due to network security breaches or system failures. It also includes financial losses caused by reputational harm directly resulting from a cyber event, as well as the increased cost of working incurred while restoring the business to normal operations.
  • Protecting your business against financial losses arising from various cyber risks, including data recovery costs, cyber extortion expenses such as ransomware payments and fees of expert negotiators, and any other cyber specialist coverage like e-theft, social engineering, viruses and hacking*, with flexible insurance that adapts to emerging digital threats.

*Subject to policy provisions

Risk Monitoring

  • Active monitoring of your current cyber risk landscape and provision of risk scoring report.

When a cyber incident results in financial loss for a third party, most cyber insurance policies will typically cover the following:

  • Cover for defence costs and compensations relating to cyber, privacy and network liability to a third party such as failure of protect data, breach of confidentiality or unintentional transmission of virus.

  • Legal costs, expenses, and fines/penalties* (where insurable) incurred to comply with notification requirements or to participate in a regulatory investigation, including Payment Card Industry (PCI) fines, penalties, and assessments resulting from a payment card breach.

  • Compensations relating to media (online only) liability such as Intellectual Property (IP) infringement /slander.

    * Fines and Penalties under Data privacy acts (that are insurable by law)

Safeguard your business against digital threats

Transfer your cyber risk before it's too late

Step 1: Your company

2. What is your annual revenue in USD?
3. Desired insurance level (in USD)

Step 2: Your contact details

Why choose Howden for Cyber insurance?

  • Award winning Team with dedicated cyber risk insurance brokers - 2020 Cyber Risk Awards winner & Cyber Insurance Broker of the Year 2025
  • Expert negotiators on your behalf for the insurance markets in your locale and London (Lloyds)
  • We help to develop a suitable structured programme with risk dialogues, reviews, loss models, and benchmarks to guide informed cyber risk transfer decisions for you and your board.
  • We support businesses of all sizes, from small startups to global conglomerates.
  • We assist in incident preparedness by integrating policy activation into your Incident Response Plan (IRP).
  • Our strong, experienced claims handling team, together with our brokers leverage on relevant technology to ensure swift escalation of crises, effective resolution, and containment of damage.
  • Cybersecurity is complex—our in-house experts connect you with the right solutions, ensuring expert risk mitigation before and after an incident.

Cyber troubleshooting is our speciality. With Howden, you don't just get coverage for your cyber risks.

We help you deal with the insurers.

Dealing with an insurer can get a little confrontational; much better communicate through a friendly, professional broker who brings them millions of dollars of business each year. The mutual respect between insurers and a global brokerage means we can move quickly towards a fair resolution, always acting in your interests.  

We manage your risks.  

We help you properly onboard to your cyber policy to ensure you maximise its use, and also quantify your cyber risks and alert you of changes over time. The digital and cyber landscape is ever-changing, we share the latest news and trends with you via our newsletters so you are always in the know of how your cyber cover can be impacted.

We review your policy wording.

Subtle differences in wording can create gaps you didn’t even know were there. Identifying gaps early can save a lot of headaches later.  We are always testing out policy wordings with real scenarios to make sure they are fully up to date and responsive to the latest challenges. 
 

Cyber insurance from genuine cyber experts

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+852 2877 2238

We'll put you in touch with the person best equipped to help.

Transfer your cyber risk before it's too late

Step 1: Your company

2. What is your annual revenue in USD?
3. Desired insurance level (in USD)

Step 2: Your contact details

1. https://cybersecasia.net/features/more-cybersecurity-predictions-for-2025/
2. https://www.munichre.com/en/insights/cyber/cyber-insurance-risks-and-trends-2025.html
3. https://www.cyberdefensemagazine.com/preparing-for-the-ai-generated-cyber-threats-of-2025/
4. https://www.fortinet.com/corporate/about-us/newsroom/press-releases/2025/fortinet-threat-report-reveals-record-surge-in-automated-cyberattacks