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Why do your clients need Cyber insurance?

14/08/2018
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Current estimates show that cyber crime is costing the Australian economy more than $1 billion every year.

Recently the Minister for Law Enforcement and Cyber Security, Angus Taylor and DUAL Asia Pacific CEO, Damien Coates, caught up with SBS TV show Small Business Secrets to talk about the importance of SMEs staying cyber safe and ensuring they have adequate protection.Traditional Management Liability policies have been designed to cater for Incorporated Entities (think ‘Pty Ltd’), so they haven’t been suitable for Sole Traders and Partnerships. As a pioneer in the Management Liability space, DUAL is committed to continuing to bring innovation to the market and helping brokers address this key uninsured exposure irrespective of the client's entity structure.

Click on the play button to watch the video on how small businesses can stay cyber safe. Feel free to share this with your clients to make sure they understand why it's so critical to have the appropriate cover.

 

With over 16,000 new business indications generated on the WebRater in the last 12 months, we know Cyber remains a key uninsured exposure for your brokers and SME clients. Jump onto the WebRater to get an indication in 2 minutes, or for more information on our Cyber suite please contact your local DUAL Underwriter.

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