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Mid-Market Cyber Insurance Appetite

Written by DUAL | Oct 8, 2024 11:00:00 PM

For primary layers, quotes are available for risks with up to $350m in annual revenue, subject to local authority. Quotes are also available for risks between $350m and $1b in revenue subject to external referral.

For excess layers, quotes are available for risks up to $1bn in annual revenue subject to local authority.

To assist in understanding our current commercial appetite for Cyber insurance, we’re pleased to share the below examples of risks we’ve placed recently for our broker partners.

 

Description  Revenue Primary / Excess
Motor Vehicle Dealer $340,000,000 Primary - $5m
Wholesale - Food & Beverage  $300,000,000 Primary - $3m
NFP Association - Welfare Services $110,000,000 Primary - $5m
Retailer - Electronics & homeware $190,000,000 Primary - $5m
Civil Contractor  $230,000,000 Primary - $ 5m 
Sporting Association / Body  $500,000,000 Excess - $5m
Lawyer $150,000,000 Excess - $5m
Recruitment Firm / Labour Hire $130,000,000 Primary - $5m 
Wholesale - Products (Defence Sector) $50,000,000 Primary - $2m
Aged Care Services $170,000,000 Primary -$3m 
SaaS Provider - Real Estate Sector  $60,000,000 Excess - $5m
SaaS Provider - Renewable Energy Sector $100,000,000 Excess - $5m 

Did you know that for business with less than $50m revenue, quotes can be obtained for limits up to $2m directly through the WebRater 

Log into the WebRater

 

If you have any questions regarding DUAL's Cyber Liability and Privacy Protection policy, please contact one of the team below who will be happy to help.

Samuel Rogers

Head of Cyber Insurance 

E: srogers@dualasiapacific.com

T: +61 (0)3 8611 3537

 

Ciaran Morrissey

Lead Underwriter - Cyber Insurance

E: cmorrissey@dualaustralia.com.au

T: +61 (0)2 9248 6306