Cyber Insurance

Businesses are more interconnected than ever

As businesses become increasingly reliant on technology, they face growing risks from internet-based threats, IT infrastructure vulnerabilities, and the challenges associated with managing sensitive data.

Cyber Insurance helps mitigate these risks by covering third-party liabilities and a range of first-party losses that can arise from cyber events.

It also provides rapid access to specialist lawyers, forensic investigators, and IT and media consultants, offering essential support in the event of a data breach, ransomware attacks, or other damaging cyber incident.

Preferred risks

Professional services - architects, accountants, legal services, real estate, consultants
Labour hire/recruitment
Retail/wholesale/importing - including online retail
Manufacturing
Mining
Advertising and marketing
Design
Construction
Software development and sales
Trade services - builders, electricians, plumbers, carpenters
Not-for-profit and religious organisations

Coverage options

Our Cyber Insurance policy provides the following key coverage elements:

Third party claims

Claims brought against the insured alleging a privacy breach or other failure of network security, including cover for damages and legal representation. Coverage also extends to regulatory investigations and resulting fines and penalties.

Business interruption

Cover for lost profits resulting from a system outage, as well as necessary expenses incurred to maintain normal operations.

Response costs

Reimbursement of the insured’s immediate expenses for managing an incident, including:

IT forensic costs
Legal expenses
Public relations expenses
Credit monitoring and identity theft prevention services

Data restoration

Costs incurred to restore or replace affected data and software.

Cyber extortion

Costs to engage specialists to assist in managing a cyber extortion or ransomware incident, and reimbursement for ransoms paid.

Reputational harm

Loss of income due to an adverse media event.

Social engineering fraud

Optional cover for lost funds and other associated expenses resulting from direct theft via electronic means, including by social engineering, phishing, phreaking, botnetting and cyber fraud.

Please review our policy wording for the full policy terms and conditions.

500+

occupations available on WebRater

$5m

primary limits

$10m

excess limits

Enhanced cyber coverage for New Zealand business

DUAL includes several carefully tailored additional enhancements and extensions beyond these commonly available cyber insurance covers, ensuring we can offer our clients the broadest possible coverage and support.

Key extensions include:

Triggers for covered events affecting both on-premises and third party or cloud hosted systems
Cover for business interruption losses triggered by human error and system failure

How to get a quote

WebRater

Instant quotations and bindings are now available through the WebRater for organisations with revenue of up to $50m, and for limits of up to $2m.

Cyber underwriting team

Our dedicated cyber underwriters can offer primary limits of up to $5m and excess limits of up to $10m for organisations with annual revenue up to $1b.

Contact our team

Dedicated and experienced incident response and claims service

Knowing who to call when a cyber event occurs is critical, so every DUAL Cyber policy comes with access to hotline support provided 24 x 7 through our dedicated Cyber Incident Management team (CIMT) and is backed by a panel of specialist service providers.

All DUAL insureds also receive the benefit of claims support from our experienced in-house claims team.

In the event of a claim or loss, contact the CIMT.

P: +64 48310 243

P: 1 844 502 9237

E: [email protected]

Meet the Head of Cyber Insurance

Marc

Karapanovic

Senior Underwriter/Cyber Lead

Marc Karapanovic

Senior Underwriter/Cyber Lead

[email protected]

09 973 0196

[email protected]

About

Products

Claims

WebRater

DUAL School

Contact

About us

Careers

Meet the Leadership team

News

Sustainability

About our products

Financial Lines

Liability

Motor

Property

Transaction Solutions

About our Products

About our Products

About our Products

About our Products

About our Products

About our Products

What is the WebRater

WebRater sign up

WebRater log in

WebRater Help Centre

About our Products

About our Products

About our Products

About our Products

About our Products

About our Products

Our People

Contact Us

Featured

WebRater

Document library

Regions

Don’t see a country you’re looking for?

Cyber Insurance

Ipurangi

Businesses are more interconnected than ever

Preferred risks

Coverage options

Third party claims

Business interruption

Response costs

Data restoration

Cyber extortion

Reputational harm

Social engineering fraud

500+

$5m

$10m

Enhanced cyber coverage for New Zealand business

Key extensions include:

How to get a quote

WebRater

Cyber underwriting team

Dedicated and experienced incident response and claims service

Knowing who to call when a cyber event occurs is critical, so every DUAL Cyber policy comes with access to hotline support provided 24 x 7 through our dedicated Cyber Incident Management team (CIMT) and is backed by a panel of specialist service providers.

Meet the Head of Cyber Insurance

Marc Karapanovic

Marc Karapanovic

Document downloads

Policy wording

Proposal forms and NCDs

Fact sheets

Let’s connect

More from DUAL

Help and guidance

Marc

Karapanovic