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Cyber Liability


The Cyber Insurance policy insures the entity, management, employees and independent contractors who work for the Insured entity. (read here on Cyber Insurance – What is it, and Why is it Important With the New WFH Culture)

The Coverage of the policy are as follows in a Nutshell:

Privacy Liability (wrongful disclosure of Personal & Corporate Information)

Security Liability (failure to deter a Computer Malicious act)

Incident Response Costs

Internet Media Liability

Cyber Extortion (Ransomware or extortions to exploit vulnerabilities or release information)

Data Asset Loss

Business Interruption

Some of the scenarios that may be covered:
Unintentional infringement of the privacy policy of the insured entity, breach of relevant privacy ordinance, failure to prevent unauthorised access to computer system by Third Party Denial of Service, Failure of network security, Defamation in the provision of media services, infringement of copyright or domain name in the provision of media service cyber extortion corruption or destruction of data by malware or hacking.

Companies will requires to have a cyber liability insurance if it rely on Information Technology System, even for offline system, in the storage of customer information, sales processes, running its operation or running other business functions.

  • Archtects & Engineeers
  • Engineering & Management Services Manufacturing
  • Wholesalers
  • Professional Services/Consultants
  • Advertising
  • Automotive Dealers and Service Stations
  • Communications
  • Schools
  • Government/Public Administration
  • Law firms
  • Media-tv, radi movie
  • Printing and Publishing
  • Internet/E-commerce
  • Real Estate
  • Utilities
  • Asset Managers
  • Billing Services
  • Computer Hardware/Software
  • Colleges / Universiteis
  • Employment Agency/Personnel Agency
  • Blood bank / Tissue Bank
  • Nursing / Retirement Home
  • Mortgage Brokers
  • Personal Services
  • Public Authority
  • Trade Associations
  • Transportation Services
  • Water/Sewage
  • Accountants – Consumer Based
  • Casino
  • Financial Institutions
  • Call Centers
  • Collection Agencies
  • Credit Bureau
  • Healthcare Related Services
  • Hospitals
  • Payroll Services
  • Search Engine Providers
  • Security and Commodity Brokers
  • Telemarketing Services
  • Title Agents
  • Depository Instituions
  • Hotels and Other Lodgin Places
  • Life Sciences
  • Restaurants
  • Telecommunications

Enhance your coverage
With the increase reliance on technology in our business process, companies may face unexpected liability and losses when their system has been compromised. This may be caused by not only external hackers, but also due to employee negligence / theft on company data, loss of information from stolen laptops, theft by contractors on company information and many more.

Many people will think that a breached in the company information will only happen to company with weak encryption, anti-virus and procedure. However the recent developments in Singapore has shown otherwise.

Singapore Government delinking of internet access for public servant in May 2016.
Starhub fibre broadband service outage in October 2016

There are many unreported incidents which companies being attacked or suffered losses goes unreported.

This has paved the importance for companies to enhance their security system, and put in place a good Cyber Liability Insurance.

Find a Broker
Please find enclosed the proposal form. Kindly complete the form and send to:
Email :

SKU: LI-5 Category:

Product Description

The Cyber Insurance policy insures the entity, management, employees and independent contractors who work for the Insured entity. (read here on Cyber Insurance – What is it, and Why is it Important With the New WFH Culture)

AWG: Covid19 Announcement

Dear Valuable Clients and Partners, 

Following the suspension of activities at workplace premises under the elevated safe distancing measures announced by the Ministry of Health (MOH) on 3rd April 2020, we would like to announce the following changes to our work so as to continue our service to our customers. 

AWG Insurance Brokers is a key member of the financial service industry and we are exempted from the suspension. We will continue to provide services to our customers, but with the following measures and changes. 

Closure of Office to walk-in Customers. 
We will no longer allow walk-in submission of documents. The office will not be opened to the public and you will need to submit any Original Documents to our Letter Box placed at our office. If Original is not required, we will encourage sending via email. This is to reduce human contacts and reducing the risk of infection. 

Working from home
Our staff and management will be taking turns to work at home. We will have a reduced workforce during this period. Many insurance companies also have their staff working from home. You may still contact your servicer at the DID in their email. 

Premium Payment

We will not be able to receive cash payment from customer and all payment is to be made via Paynow with UEN No : 199002234G, QR Code (reflected on our debit note) and Cheques. Please indicate the policy/policies number that you pay and email to for any funds transfer 

MAS has also announced recently on the availability of premium installment. We have not gotten any update from insurers as of today and will update you soonest once we have any information.  

Claim function is probably the most important part of our existence. We continue to assist and advise you on any claims matter. For claims payment, we would advise that you opt for direct fund transfer to your designated account number if the option is available. 

We apologize if there is any inconvenience caused and wish you good health amidst this difficult time.