Cyber risk is not just an information technology problem. It’s a broad commercial risk which insurers have responded to by offering bespoke cyber policies.

We’ve quickly developed a solid reputation in this rapidly developing niche field. Our focus on developing an intricate knowledge of this multi-layered and complex area, along with agility, is the key to our success.

We act for insurers, along with IT professionals, software providers, hosting and streaming services, software development companies and other technology companies.

EXPERIENCE & EXPERTISE

Our dedicated Cyber insurance team has experience in:

  • Policy drafting and coverage advice in relation to information technology policies and complementary types of cover that may be offered (such as public relations costs cover, regulatory defence and penalty costs cover)
  • Underwriting issues such as appropriate information to be obtained from the insured via the proposal
  • Handling claims in a practical and cost-effective way, with an emphasis on rapid response to critical incident events
  • Defending claims made under bespoke cyber insurance policies and other policies that cover losses suffered as a result of cyber, technology and IT events, including for example those involving substantial consequential losses, fraud, privacy issues and defamation
  • Claims management including the insurer’s consent to the insured appointing appropriately qualified personnel, including external personnel, to deal with a cyber event
  • Participating in multi-disciplinary crisis response teams.

STANDOUT SERVICE & RESULTS

Dealing with cyber security issues demands a multi-disciplinary team with extensive technology expertise and a thorough understanding of the cyber threats facing businesses. Our lawyers are leaders in this area, presenting at conferences on their areas of expertise within cyber insurance.

The team’s combined specialist knowledge means we provide clients with a service they can depend on in this fast-moving and complex area. We can quickly assess loss and determine policy coverage, applying sub-limits to achieve savings. Where a dispute arises, our lawyers’ demonstrated expertise helps clients deal confidently and decisively, minimising costs and maintaining relations with the insured and intermediaries.

Are you looking for market-leading legal experience and expertise?

Email our team direct at insurance@moray.com.au or click below.

CONTACT US