QIC Launches Qatar’s First Personal Cyber Insurance to Combat Digital Threats

Qatar Insurance Company (QIC), the leading insurer in Qatar and across the MENA region, has unveiled the country’s first personal cyber insurance product, offering individuals robust protection against the rising tide of cyber threats in everyday digital life.

The new coverage is designed to safeguard policyholders from financial losses resulting from cyberattacks, online shopping fraud, credit card fraud, phishing scams, identity theft, and cyber extortion. It also provides financial support for restoring digital systems and data damaged during cyber incidents, as well as covering ransom payments and theft of funds.

With internet penetration in Qatar among the highest in the world, digital threats have become an increasing concern. “Qatar is one of the most connected countries in the world, with one of the highest internet penetration rates,” said Salem Al Mannai, Group CEO of QIC. “People rely heavily on the internet for their daily needs, which can increase their exposure to cyber threats and risks, sometimes leading to significant financial losses. As Qatar’s leading insurer, our responsibility is to empower everyone to navigate the digital world with confidence, staying protected while enjoying the convenience of a networked life.”

The launch of this new product is part of QIC’s commitment to supporting the country’s digital transformation agenda. Al Mannai emphasized that the initiative aligns closely with national priorities: “In line with the National Cyber Security Strategy 2024–2030 and the objectives of Qatar National Vision 2030, QIC is proud to be the first insurer to introduce this groundbreaking personal cyber insurance in the country. As Qatar continues its digitalization at all levels, we are confident that this new product will enhance the confidence with which people in Qatar go online, ensuring our community stays protected while engaging with an increasingly connected world.”

Available exclusively to QIC customers, the personal cyber insurance is offered as an optional add-on to home contents, comprehensive car, or travel insurance policies at a cost of QAR 100 per year. The coverage aims to give individuals peace of mind by ensuring they are financially protected against the consequences of digital threats.