Sompo — Singapore cyber exclusions
Verbatim exclusion clauses extracted from the ingested Sompo policy wordings. Every clause below is quoted verbatim from the source PDF. The authoritative reference is the policy wording itself, not this list.
Sompo Cyber Insurance
- Social Networking Sites/Portals
- Adult Networking Sites/Portals
- Adult Entertainment Providers or Sites
- Online Trading
- E-commerce Platforms including any service that has payment and/or financial transactions functions
- Data Aggregators
- Online Gambling Operators
- Digital Currency Exchanges
- Credit or Debit Card Processors
- Financial institution or companies governed by Banking or Financial Institution Act or related Acts
- Legal Services/ Solicitors/ Lawyers
- Healthcare Services/ Medical Services/ Clinic/ Dental/ Hospitals
- Insurance Brokers
- Recruitment Agent/ Executive Search Services
- Companies with consolidated total annual revenue more than S$20,000,000
- Companies with overseas operations
- Companies with more than 2 subsidiaries or subsidiaries with revenue exceeding the Named Insured or different business nature from the Named Insured
- Businesses whose network is connected to a parent's or any main franchise's network
- Applicants who have sustained any single loss or losses, including any fines, of a type that would be covered by a cyber/data protection insurance policy
- Applicants who have knowledge of any act, omission, fact, event or circumstance that may give rise to a loss under this proposed insurance offer
- 2.3 Network Improvement — Not Applicable (both Standard and Premier Plans)
- 2.5 Network Failure — Not Applicable (both Standard and Premier Plans)
Source PDF: file:///Users/rob/Pangaea/cyberinsurance.com.sg/wordings/sompo/cyber-insurance-proposal-2024.pdf