Revealed – Australia's best cyber insurance providers

Brokers have had their say – here are the best the country has to offer

Revealed – Australia's best cyber insurance providers

Cyber

By Paul Lucas

Chances are that if cyber insurance wasn’t on the minds of your clients before, then it will have thrust itself firmly into the spotlight since the onset of the COVID-19 pandemic.

With more of us working from home than ever before, coupled with a surge in ransomware and other cyber-related threats, the insurance cover has arguably never been more important than it is now – but where should you go for the right coverage?

Earlier this year, Insurance Business Australia reached out to its broker audience to get their verdict on Australia’s best cyber insurance providers. We asked them to rate the companies they work with across a range of criteria including: first- and third-party coverage, claims payment and processing, flexibility and the customisation of products, underwriting expertise, pricing and more.

During a 15-week process, the IB team also conducted one-on-one interviews with specialist brokers to measure the strength of their relationships with their cyber insurance partners. Now, it has produced its Five-Star Cyber Insurance report.

Among those to scoop a five-star rating is CFC Underwriting. But who else made the list?

To find out, follow this link to read the full report – for free – now.

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