In New Zealand, CERT NZ1 responded to 1,530 cyber security incidents in the first quarter of 2024, which resulted in $6.6m direct financial loss.
And if you think having cyber security measures in place affords enough protection, think again. Businesses of all sizes across the country were thrown into chaos by the recent CrowdStrike outage, which caused severe disruptions and financial losses.
Emergence exists to help businesses recover from incidents like this, with award-winning Smarter Cyber Insurance coverage.
Because cyber security doesn’t eliminate the need for cyber insurance.
More than just an insurance policy
The sooner a cyber-attack is contained, the lower the resultant losses for a business, which is why Emergence has a dedicated team of cyber security specialists available 24 hours a day, seven days a week, 365 days a year to assist in recovering and securing insureds systems.
Emergence offers Smarter Cyber Insurance that provides robust, real-time protection and expert support to effectively mitigate cyber risks.
Smarter Cyber Insurance is more than just a policy. It’s a holistic solution that integrates cyber insurance and advisory services to encompass the full spectrum of cyber risk defence, from pre-emptive measures to post-incident resolution.
Insurance brokers as trusted cyber advisors
Brokers are a key player in Emergence’s Smarter Cyber Insurance approach. Working with brokers to ensure they are equipped with cyber security knowledge and a solution tailored to their clients' needs is an essential part of the process.
By providing education on the ins and outs of cyber insurance and easy access to a range of cyber services, Emergence empowers brokers to become trusted advisors to their clients.
Safeguarding businesses from constantly evolving cyber threats is a shared priority.
Emergence’s Smarter Cyber Insurance policies are written in plain language. Easy to read wording ensures clear communication between broker and insured, and efficient protection against cyber threats.
Mitigating risk with value-added cyber services
With Smarter Cyber Insurance, insureds have a virtual Chief Information Security Officer (CISO) at their fingertips to uncover cyber risks relevant to their business, and to translate complex cyber challenges into actionable strategies and tools.
Real-time monitoring of cyber threat intelligence sources provides early notifications of detected exploitable vulnerabilities. Using dark web monitoring tools, Emergence’s threat intelligence team will identify if an organisation’s data is exposed on the dark web and notify insureds immediately – for free, as part of Emergence’s CEP-005 policy.
Cyber experts also assist in developing an Incident Response Plan (IRP), which provides essential guidance in the event a cyber incident does occur.
Why trust Emergence?
Emergence is a cyber insurance specialist with an in-house claims and incident response team helping businesses survive a cyber-attack. The purpose is clear – to protect New Zealand businesses from escalating cyber threats with dynamic and forward-thinking cyber insurance solutions.
To learn more, visit emergenceinsurance.com or reach out to our National Business Development Manager NZ, Fraser Walker at 0800 129 237. Fraser leads Emergence's initiatives in New Zealand, dedicated to educating brokers, insured, and the broader community on how to mitigate cyber risk.
1CERTNZ Q1 Cyber Security Insights report
