SME Cyber

QIC’s SME Cyber Insurance protects your business from the financial and operational impact of a cyberattack – under a single, comprehensive policy. One point of contact, one renewal date, and cover tailored to the size and risk profile of your business.

Designed for small and medium-sized enterprises across the UAE, QIC’s SME Cyber product offers a straightforward application process that gets you covered without complexity.

The Middle East is the second most expensive region in the world for data breaches, with an average cost nearly double the global average. The average breach takes 393 days to resolve – 40% longer than the global average.

QIC’s SME Cyber Insurance is underwritten in partnership with Argenta Syndicate Management, a Lloyd’s of London syndicate backed by Hannover Re – the third largest reinsurer in the world. Your business is protected by one of the most experienced cyber underwriting teams in the market.

Our SME Cyber Insurance covers businesses across all sectors – from retail and professional services to hospitality and e-commerce – against both first-party losses and third-party liabilities arising from a cyber incident.

 Business Interruption

Covers loss of income and additional costs when a cyberattack prevents your business from operating normally.

 Cyber Extortion

Covers ransom demands and all related costs when attackers lock down your systems – including specialist negotiation support and ransom payment where necessary.

 System Rebuild & Restoration

Covers the cost of restoring and recovering your business’s computer systems and data following an attack.

 Privacy & Liability Protection

Covers legal defence costs, regulatory fines, and third-party claims arising from a data breach or privacy violation.