Pioneers in cyber underwriting, Emergence, have today launched Australia’s first stand-alone personal cyber product which provides cover for families and individuals in the event of a cyber attack. In today’s digital world, cyber crime is becoming more and more prevalent. Cyber insurance can help cover the financial losses that occur online all too frequently.
Troy Filipcevic, Founder and CEO of Emergence Insurance said: “Our dependence on the internet and exponential growth of web-enabled devices and social media has made us much more interconnected, and in turn increases our vulnerability to cyber crime at an alarming rate.”
“In response to these emerging risks, Emergence is thrilled to now offer Australia’s first stand-alone personal cyber product designed to combat the impact of cyber and identity fraud faced by Australian families and individuals.”
Key features of the Emergence Personal Cyber Insurance product include cover for the impacts of cyber events and cyber crimes such as:
- cyber espionage
- denial of service attacks
- cyber theft
- identity theft, and more.
Beyond the technical side of cyber threats, social media can also become a breeding ground for anti-social behaviour. That’s why the product also responds to:
- cyber harassment.
Emergence Personal Cyber Insurance is only available through the Australian broking market.