Managing director
Emergence Insurance
In 2014, Troy Filipcevic left Suncorp to launch Emergence Insurance. While the underwriting agency initially focused on emerging risks, Filipcevic soon identifi ed the opportunity in cyber and chose to double down on the niche. After more than five years, Emergence has steadily built up a client base of satisfi ed brokers and has shed its newcomer status.
“We’re no longer the new kid on the block – we’re a market leader, and that puts brokers’ minds at ease,” Filipcevic told IB late last year
For the second year in a row, Emergence claimed the gold medal in the cyber and information technology category in IB’s 2019 Brokers on Underwriting Agencies survey, and its Cyber Event Protection policy was identified as a broker favourite.
“We’re being rewarded for doing just one thing and doing it well,” Filipcevic said. “We’ve got best-in-class wording, stable pricing and a team of people who understand the nuances of the product and the risks we’re underwriting – once you package that together, it’s a great proposition.”