Cyber Insurance for New Zealand Businesses
From email compromise and ransomware to data breach and business interruption, Marble helps New Zealand businesses structure cyber cover around the way attacks actually happen.
“The most common cyber claims are not Hollywood. They are an email, an invoice and a redirected payment.”
Cyber risk has shifted from a large enterprise concern to a daily issue for businesses of every size. Email compromise, ransomware and supplier breaches now drive the majority of claims – and small businesses are frequently the easiest targets.
Cyber insurance is not a substitute for good security, but it can materially change how a business responds when something does happen – funding incident response, legal advice, notification costs and revenue lost during downtime.
An adviser who understands cyber will look at how the business actually uses email, payments and customer data, and structure cover around the real exposure.
Cyber – operating reality
Common risks we help you plan for.
Email compromise and invoice redirection
One of the most common claim types in New Zealand.
Ransomware and system lockout
From individual machines to whole environments.
Data breach and privacy notification
Customer, staff or supplier data exposed.
Business interruption from cyber events
Lost revenue while systems are unavailable.
Third-party liability
Claims from customers or suppliers affected by an incident.
Staff error
A high proportion of incidents start with a person, not a system.
Cover that may be relevant for your business.
Cyber incident response
Cover that may include access to specialist incident response support.
Business interruption (cyber)
Cover designed to protect revenue lost during a cyber event.
Notification and credit monitoring
Cover for the costs of notifying affected parties.
Cyber crime
Cover that may respond to certain financial loss from cyber crime.
Third-party liability
Cover that may respond to claims from affected third parties.
Management liability
An umbrella programme covering the risks of running the company — typically Directors & Officers, Statutory Liability, Employers Liability, Employment Disputes, Fidelity / Crime, Internet Liability and Consequential Loss in one structure.
The right insurance mix depends on your business structure, contracts, assets, staff, revenue, claims history and risk profile. Marble can help you review what is appropriate for your situation.
Where a Marble adviser can help.
Reviewing existing cyber cover against the way the business actually operates.
Identifying common gaps such as social engineering or invoice redirection cover.
Checking sub-limits and excesses against realistic incident costs.
Supporting claims conversations during incidents.
Helping translate technical exclusions into plain English.
Helping compare options across insurers where appropriate.
The supplier email that did not look wrong.
A finance team receives an email from a known supplier with updated bank details. The payment goes through. A week later, the real supplier asks where the money is.
Whether cyber cover responds – and how – depends on wording, sub-limits for social engineering and the way the incident is handled. The structure quietly decides the outcome.
Cyber insurance – common questions.
Get your cover reviewed before you need to rely on it.
A quick conversation with a Marble adviser can help you understand whether your current insurance still matches your business, your risks and your next stage of growth.
Other sectors we work with.
Professional Services
Consultants, agencies, advisors and IT firms – advice, contracts, data and disputes.
Retail
Stock, theft, ecommerce and the seasonal cash flow that magnifies any loss.
Manufacturing
Plant, product liability, supply chain and the breakdown that stops the line.