Cyber Issues

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Emergence upgrades cyber insurance policy

Cyber specialist underwriting agency Emergence NZ Limited has launched a major upgrade to its key product’s policy wording. The revamp to Emergence’s Cyber Event Protection policy, marketed to brokers as CEP-005, follow...

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Detection and response tools important as cyber...

This year has seen a “worrying resurgence” in ransomware and extortion claims, Allianz Commercial warned in a new report.  Following two years of high but stable loss activity, dangerous online activity is on the r...

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Cyber insurance specialist launches in New Zealand

Cyber insurance specialist Emergence has launched in New Zealand, hiring a well-known face from the industry to lead its push from across the Tasman. Emergence Insurance CEO Troy Filipcevic said New Zealand was always part of his l...

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Debunking common cyber security myths

by Andy Beven, liability & cyber underwriting manager at NZI

Andy Beven, liability & cyber underwriting manager at NZI, breaks down common cyber security myths that could be holding businesses back.  Many business owners are unaware of the growing threat of cyber-attacks and are...

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The loss adjuster’s perspective

Philip van Zyl, chief executive officer of Sedgwick New Zealand, shares his t...

What are the biggest challenges facing loss adjusting and the wider insurance sector right now?    Staff resourcing appears to be the perennial challenge that loss adjusters face, as do insurers and brokers. Whether we...

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STOP selling cyber insurance for your clients’ ...

by Daniel Lowe, Vero Liability

That’s like selling them Motor Insurance to stop road accidents . And speaking of Motor cover, probably the most basic thing you sell your clients, they still need to have roadworthy vehicles (warranted) with proven...

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Changes in New Zealand's insurance market

Nick Frith, partner, MinterEllisonRuddWatts, presents his current outlook on ...

The past 10 years have seen significant changes in the New Zealand insurance market. These changes are largely positive, but give rise to issues that need to be managed. On the broking side, the first indication of major change...

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2022: a challenging and rewarding year

The past year has been tough but rewarding, and brokers are excited about the...

The past year has marked a significant shift for the broking sector. The insurance industry has grappled with several challenges, including pandemic impacts, disruptive technologies, and climate-related risks. The industry also saw...

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Q&A: Cyber insurance gets personal

Cyber insurance to protect against cyber bullying and other personal risks ha...

Q. Why is personal cyber protection insurance necessary?   Laura Murray: Because, unfortunately, cyber-crime is on the increase globally, and the COVID pandemic has only served to worsen that. As more people work from home...

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Wotton + Kearney adds to cyber team

Law firm Wotton + Kearney has promoted cyber, privacy and data security specialist Joseph Fitzgerald to partner. Fitzgerald advises large sporting, health, education and infrastructure bodies, as well as SME and non-profit...

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