EMERGENCE WINS UNDERWRITING AGENCY OF THE YEAR

7 May 2019

We’re over the moon at Emergence because we’ve just won the Insurance Business magazine’s award for Best Underwriting Agency of the Year.

 

We’re ecstatic and energised by the win, but it won’t make us complacent.

 

Emergence, which sold its first policy in April 2015, has grown to become a cyber insurance leader in the Australian market. Emergence only writes cyber, so we’ve developed superior expertise in our specialist product.

 

Emergence’s point of difference is its deep understanding of the threats cyber risks pose to businesses. We help brokers and their clients deal with the challenge of risk mitigation through awareness, education, and market-leading insurance solutions. Developing solutions that give brokers and their clients peace of mind is core to Emergence being the ‘go to’ cyber insurer.

 

Businesses and society increasingly appreciate that a fast-paced, ever-changing digital environment translates to a fast-paced, ever-changing risk environment. Emergence identifies and navigates the consequences of those risks by providing solutions to proactively meet clients’ needs.

 

Emergence’s four policy offerings are:
Cyber Event Protection, a comprehensive cyber solution
Cyber 1st Aid, an entry-level cyber product
Excess of loss
Schemes/bespoke solutions.

 

In the last three years, Emergence has had three product upgrades. That reflects the dynamic nature of the risk and the agile nature of Emergence. Brokers have told us they like the way we proactively evolve policy coverage in line with the changing cyber risk landscape.

 

Only yesterday we announced another upgrade to ensure clients are covered for financial losses caused by social engineering.

 

Businesses understand the need to insure physical property against risks, eg fire. But many don’t realise the value of their digital assets and the need to protect them from cyber threats. That’s why we trademarked the term ‘digital fire’ to help brokers explain cyber insurance’s role in their clients’ risk management frameworks.

 

A physical fire can destroy a business’s premises. A digital fire can destroy the business.

 

In the Insurance Business awards, as voted by brokers, Emergence has won:
Cyber underwriter – gold 2018, silver 2017 and bronze 2016
Cyber product of the year – 2018, 2017 and 2015

 

Now we’ve topped that with Underwriting Agency of the Year.

 

A big part of Emergence’s success is due to the support we get from our loyal broker partners. We appreciate your support and look forward to working with you and your clients to protect them from cyber threats.

 

You can obtain Emergence cyber quotations for clients by accessing the broker portal. Please email info@emergenceinsurance.com.au to request access.