why infosure?
specialists in cyber insurance
Cyber Insurance is a specialist coverage, which requires a specialist skill set. Unlike General Insurance policies (Property, General Liability, Motor Vehicles etc), Cyber Insurance requires an understanding of both Cyber Insurance as well as IT Solutions and Cyber Security services. It’s an ever-changing landscape with a constantly moving target.
Traditionally, General Insurance brokers have relied upon IT Teams in the Cyber Insurance placement process, however this can create a divide between the IT Professional and the Insurance Broker, who both have different viewpoints, knowledge bases, and outcome desires.
Infosure works closely with IT Professionals, to enable us to be a specialist Cyber Insurance brokerage. We actively focus on the most important part of the placement. The client’s initial Cyber Resilience. We create an environment where the IT Professional and Infosure Insurance deliver a collaborative successful result to their mutual client.
At Infosure, we don’t just sell Cyber Insurance, we specialise in it.
what is cyber insurance?
cyber Insurance
Cyber Insurance policies comprise of 2 main components. First Party Losses, and Third Party Losses.
Each of these covers need to be reviewed in depth to ensure Policy Limits are adequate enough should an event occur. Policy Limits can be drained all too quickly by Professional Costs that have not been accurately calculated for the specific business.
At Infosure, we work through your existing Cyber Security protocols and IT Infrastructure in the first instance, to establish an understanding of what is required to obtain the level of Cyber Insurance Cover required for your risk. We can also work with you in tandem with our in-house IT Solutions and Cyber Security professionals if required, to ensure any gaps in the current environment are filled.
First Party Losses
First Party Losses include Incident Response Expenses, Business Interruption Costs, Data and System Recovery and Cyber Extortion.
Third Party Losses
Third Party Losses include Privacy and Network Security Liability and Media Liability.
introducing andrew brett
about us
Andrew has extensive experience negotiating business insurance solutions. This is a result of his strong relationships with a suite of Insurers, allowing the right cover options to be sourced and presented to all his clients.
Andrew started his insurance broking career in 2015, working at one of the world’s largest insurance broking corporations. He has since worked in privately owned insurance brokerages based in both Adelaide and Melbourne, negotiating insurance solutions to a multitude of Clients, where he quickly gained experience in pairing the right insurer with the right risk, to deliver the required amount of cover at the most efficient premium.
Andrew completed his Tier 1 Broking Compliance qualification in his initial years while learning on the job. He now holds a Diploma in Financial Services (Insurance Broking) and is a Certified Insurance Professional.
Andrew values providing dedicated individual service to clients on an end-to-end basis, focusing on a high level of attention and commitment to each client’s individuals circumstances.
