We are committed to ongoing product development and expansion, our aim is to provide simple solutions to complex insurances.
DUAL's Cyber Suite encompasses a broad underwriting appetite with most occupations able to be quoted either through the WebRater under our Cyber Gold and Cyber Platinum offerings for businesses with up to $50,000,000 turnover, or via our branch Underwriters for business in excess of this threshold.
With new Privacy Legislation introduced in February 2018 regarding mandatory breach notifications, and increased publicity around cyber attacks, there is a heightened awareness of privacy and cyber exposures. The numbers are alarming with more than 20% of Australian businesses experiencing cyber crime, and 40% of all attacks directed at SME’s.
Some of the common events that can result in a cyber claim include:
DUAL's Cyber Liability & Privacy Protection policy provides the following key elements of cover:
Social Engineering, Phishing and Cyber Fraud Cover
54% of businesses who have experienced a cyber-attack had fallen to an email or phishing scam.
DUAL’s Cyber offerings can be extended for an additional premium to include Social Engineering, Phishing and Cyber Fraud cover (subject to underwriting criteria being met).
Ease of transaction
DUAL’s Cyber product suite is available on the DUAL WebRater. The WebRater is a full policy life cycle online platform, which allows brokers to obtain instant Cyber* quotations and bindings 24 hours a day, 365 days a year.
*Selected industries are excluded from the WebRater and will require manual underwriting through the branch. For a list of excluded industries from the WebRater, please contact your local Underwriter.
Please contact your local Underwriter for a copy of our comparison profile which provides a detailed comparison of the different coverage available under Cyber Gold and Platinum.
 Norton SMB Cyber Security Survey 2017.