With a wealth of experience in senior strategic roles under his belt, including a two-year stint as executive manager of strategy for Suncorp, Troy Filipcevic stepped away from the major corporation to launch his own startup, Emergence Insurance, in 2014. The underwriting agency initially focused on emerging risks, but Filipcevic quickly identified cyber as the space with the most potential and chose to steer the firm into becoming a specialist in the niche.
“Cyber is a specialist risk that you need a deep understanding about, so we decided to become a dedicated niche provider of cyber insurance, and brokers are now rewarding us for that,” Filipcevic told Insurance Business.
In 2018, the agency was identified as the best provider of cyber coverage in the Insurance Business Brokers on Underwriters Survey; brokers also named the company’s cyber event protection as one of the best products in the entire market. Now, with new cyber threats continuing to emerge at an ever-increasing rate, specialist firms like Emergence find themselves under pressure to remain on top – but Filipcevic’s strategic expertise should allow the underwriting agency to continue to excel in the year ahead.
