Emergence Insurance's Group Personal Cyber Insurance is purchased by businesses providing cyber protection for their employees and their families. This core policy includes cover for cyber events, including hacking, crimeware, cyber extortion, cyber espionage and denial of service. Coverage includes cyber event response costs such as credit and identity monitoring, data restoration, legal costs, and cyber extortion costs. Base premiums start at $25 per employee for $20,000 coverage, with a minimum base premium of $300.
Coalition's Cyber Excess Follow Form Policy offers Australian businesses up to AUD 20 million in excess cyber liability coverage, complementing primary policies from other insurers. This policy can include drop-down cover for select sub-limited exposures, such as funds transfer fraud and social engineering, via endorsement. Policyholders also gain access to Coalition Control™, a cyber risk management platform, and a dedicated security support team.