Cyber Insurance in Australia
Compare 26 cyber insurance products available in Australia. All data verified directly from providers.
| Country↑ | Company / Product | Max Insurance Limit | Services | AM Best | NIS2 | Channel | Broker | ||
|---|---|---|---|---|---|---|---|---|---|
| Australia | Arch Insurance (UK) Limited – Australia BranchArch Cyber Insurance / ACTM | Up to US$20m / CAD$20m / €20m any one risk. | DGrade D (Entry)+ Risk assessment | A+ | — | Direct | Yes | → | |
| Australia | Beazley Insurance dac – Australia BranchBeazley InfoSec (Full Spectrum Cyber — Large Business) | Bespoke. | AGrade A (Integrated)+ Vulnerability scanning+ Training & awareness+ MDR / EDR+ Risk assessment+ Incident response+ Risk platform / portal+ Pre-breach advisory+ Crisis management | A | — | Direct | Yes | → | |
| Australia | Beazley Insurance dac – Australia BranchBeazley BBR (Full Spectrum Cyber) | Bespoke. | AGrade A (Integrated)+ Vulnerability scanning+ Training & awareness+ MDR / EDR+ Risk assessment+ Incident response+ Risk platform / portal+ Pre-breach advisory+ Crisis management | A | — | Direct | Yes | → | |
| Australia | BOXX Insurance (Australia)Cyberboxx® Business | Bespoke; SME limits. | AGrade A (Integrated)+ Vulnerability scanning+ Training & awareness+ Threat intelligence+ Risk assessment+ Incident response+ Risk platform / portal+ Pre-breach advisory | A | — | MGA | No | → | |
| Australia | CFC (Australia)CFC Cyber Excess | Up to US$/£/€5M any one risk (excess layer); automatic reinstatement included as standard. | DGrade D (Entry)+ Incident response | A | — | MGA | Yes | → | |
| Australia | CFC (Australia)CFC Corporate Cyber | Bespoke per risk; enterprise capacity; limits agreed per submission. | SGrade S (Best-in-class)+ Vulnerability scanning+ Phishing simulation+ Training & awareness+ Threat intelligence+ MDR / EDR+ Incident response+ Risk platform / portal | A | — | MGA | Yes | → | |
| Australia | CFC (Australia)CFC Cyber – SME | Bespoke per risk; unlimited first-party reinstatements (new limit per claim). | SGrade S (Best-in-class)+ Vulnerability scanning+ Phishing simulation+ Training & awareness+ Threat intelligence+ MDR / EDR+ Incident response+ Risk platform / portal | A | — | MGA | Yes | → | |
| Australia | Coalition Insurance Solutions – AustraliaCoalition Active Cyber Insurance | Bespoke. | AGrade A (Integrated)+ Vulnerability scanning+ Penetration testing+ MDR / EDR+ Risk assessment+ Incident response+ Risk platform / portal | A+ | — | MGA | No | → | |
| Australia | Cowbell (Australia)Cowbell Prime One | Bespoke per risk; SME limits. | BGrade B (Proactive)+ Penetration testing+ Training & awareness+ Risk assessment+ Incident response+ Risk platform / portal+ Pre-breach advisory+ 3rd party risk assessment | A+ | — | MGA | Yes | → | |
| Australia | Cylo backed by CGU (IAG cyber MGA)Active Cyber Insurance for SMEs (Cylo backed by CGU) | Bespoke. | CGrade C (Emerging)+ Vulnerability scanning+ Incident response+ Risk platform / portal | A+ | — | MGA | Yes | → | |
| Australia | Delta Insurance Australia Pty LtdCyber Liability Insurance | Up to AUD 25M (capacity via Lloyd's). | CGrade C (Emerging)+ Incident response+ Pre-breach advisory+ Crisis management | A | — | MGA | Yes | → | |
| Australia | DUAL Australia Pty LtdDUAL Tech Cyber Media | Up to USD/EUR 25M any one risk (primary or excess). | AGrade A (Integrated)+ Vulnerability scanning+ Threat intelligence+ MDR / EDR+ Email security+ Incident response+ Pre-breach advisory+ Crisis management | A | — | MGA | Yes | → | |
| Australia | DUAL Australia Pty LtdDUAL Cyber Defense | Up to USD/EUR 25M any one risk (primary or excess). | AGrade A (Integrated)+ Vulnerability scanning+ Threat intelligence+ MDR / EDR+ Email security+ Incident response+ Pre-breach advisory+ Crisis management | A | — | MGA | Yes | → | |
| Australia | HDI Global SEHDI Cyber+ | Bespoke; up to AUD 15M | SGrade S (Best-in-class)+ Vulnerability scanning+ Penetration testing+ Phishing simulation+ Training & awareness+ Threat intelligence+ MDR / EDR+ Risk assessment+ Incident response+ Risk platform / portal+ Pre-breach advisory+ Crisis management+ Cyber risk engineering+ Crisis simulation | A | — | Direct | Yes | → | |
| Australia | Liberty Specialty Markets – AustraliaLiberty Tech Resolution™ | Bespoke. | BGrade B (Proactive)+ Vulnerability scanning+ Training & awareness+ Incident response+ Pre-breach advisory+ Cyber risk engineering+ 3rd party risk assessment | A | — | Direct | Yes | → | |
| Australia | Liberty Specialty Markets – AustraliaLiberty Cyber Resolution™ | Bespoke. | BGrade B (Proactive)+ Vulnerability scanning+ Training & awareness+ Incident response+ Pre-breach advisory+ Cyber risk engineering+ 3rd party risk assessment | A | — | Direct | Yes | → | |
| Australia | Markel International Insurance Company Ltd. – AustraliaMarkel Cyber 360 International | USD 10M / GBP 10M / EUR 10M per risk (primary or excess). | CGrade C (Emerging)+ Penetration testing+ Training & awareness+ Incident response+ Crisis management | A | — | Direct | Yes | → | |
| Australia | Mosaic Services Asia Pte LimitedMosaic Cyber Insurance | Up to $25M per risk. | CGrade C (Emerging)+ Incident response+ Crisis management | A+ | — | Direct | Yes | → | |
| Australia | Munich Re Australia (New Reinsurance Company Ltd.)Munich Re Cloud Protection+ | Up to USD 50M; Google Cloud customers only. | BGrade B (Proactive)+ Vulnerability scanning+ Training & awareness+ Pre-breach advisory+ Crisis management+ Cyber risk engineering | A+ | — | Direct | No | → | |
| Australia | Munich Re Australia (New Reinsurance Company Ltd.)Munich Re Cyber Insurance (Primary / F&C) | Up to USD/EUR 50M primary capacity per risk. | BGrade B (Proactive)+ Vulnerability scanning+ Training & awareness+ Pre-breach advisory+ Crisis management | A+ | — | Direct | No | → | |
| Australia | QBE Insurance (Australia) LimitedQCyberProtect | Primary and excess capacity up to $10M | FGrade F (Indemnity only)No proactive services included | A | — | Direct | Yes | → | |
| Australia | Starr Indemnity & Liability Company / Starr Surplus Lines Insurance CompanyCyber Risk Response / Cyber and Terror Response | Up to AUD 20M | DGrade D (Entry)+ Pre-breach advisory | A | — | Direct | Yes | → | |
| Australia | Swiss Re Corporate Solutions Ltd. – ANZ BranchPrimary Cyber (SRCS) | Up to USD/EUR 30M primary capacity. | CGrade C (Emerging)+ Threat intelligence+ Incident response+ Cyber risk engineering | A+ | — | Direct | Yes | → | |
| Australia | Swiss Re Corporate Solutions Ltd. – ANZ BranchCyber Excess Insurance (SRCS) | Up to USD/EUR 10M excess capacity; sits above primary policy. | CGrade C (Emerging)+ Threat intelligence+ Incident response+ Cyber risk engineering | A+ | — | Direct | Yes | → | |
| Australia | Travelers Syndicate 5000 (Lloyd's)Travelers CyberRisk (Lloyd's Syndicate 5000) | Bespoke; Lloyd's capacity; international risks. | BGrade B (Proactive)+ Vulnerability scanning+ Incident response+ Risk platform / portal+ Crisis management | A++ | — | Direct | Yes | → | |
| Australia | XL Insurance Company SE – Australia Branch (AXA XL)CyberRiskConnect | Up to AUD 15M; bespoke above. | CGrade C (Emerging)+ Incident response+ Risk platform / portal+ Pre-breach advisory+ Crisis management | A+ | — | Direct | Yes | → |
Cyber insurance market in Australia
26 cyber insurance products are available on the Australian market from 19 carriers and underwriting agencies, ranging from Lloyd's syndicates and global reinsurers to local MGAs backed by IAG and international capacity.
Australia is a broker-led market: 22 of the 26 products are distributed exclusively through insurance brokers. Only 4 offer a direct route for businesses, from providers such as BOXX Insurance and Coalition for SMEs and Munich Re for large corporates. If you run a small or mid-sized company, expect to buy through a broker.
Underwriting agencies (MGAs) write a large share of the market: 10 of the 26 products come from agencies such as DUAL Australia, Cylo (backed by CGU / IAG) and Delta Insurance, writing on behalf of Lloyd's and global insurers. For a buyer this mostly changes who handles your policy and claim, not the strength of the paper behind it.
Who gets covered
Published products skew toward established businesses: 15 products target SMEs, 18 the mid-market and 19 large enterprises. Sole traders and micro-businesses usually enter through SME products with turnover eligibility up to around AUD 100M, from providers like Cowbell and Cylo.
Cyber policies in Australia are written nationally. The same product covers a business in Sydney, Melbourne, Brisbane, Perth or Adelaide, and equally in regional areas like the Central Coast, Geelong, Ballarat, Newcastle, Gippsland or the Sunshine Coast. What changes by location is distribution: outside the capitals you will typically deal with a regional brokerage that places your risk with the carriers listed above.
Limits and pricing
Where insurers publish limits, Australian capacity typically runs from AUD 10M to AUD 25M per risk: QBE up to $10M, XL and HDI up to AUD 15M, Starr up to AUD 20M, Delta and DUAL up to AUD/USD 25M, and Munich Re up to USD 50M primary. Larger programs are built in layers, with excess capacity from CFC and Swiss Re sitting above a primary policy. About half of the products quote bespoke limits only, agreed per submission.
Minimum premiums are rarely published; entry thresholds are defined by revenue instead. SME products cap eligibility around AUD 100M turnover, while Swiss Re and Munich Re require USD 500M+ revenue for direct placement.
Frequently asked questions
+Which companies offer cyber insurance in Australia?
26 cyber insurance products are currently available in Australia from 19 providers, including Arch Insurance (UK) Limited – Australia Branch, Beazley Insurance dac – Australia Branch, BOXX Insurance (Australia), CFC (Australia), Coalition Insurance Solutions – Australia, Cowbell (Australia) and 13 more. Ryskly lists coverage details, limits and contacts for each, verified directly from provider materials.
+Can small businesses get cyber insurance in Australia?
Yes — 15 of the 26 products in Australia explicitly target small and medium-sized businesses. Small firms are a primary target for phishing and ransomware, so most insurers now offer SME-focused cyber policies.
+What proactive security services are included with cyber policies in Australia?
Beyond claims coverage, insurers in Australia commonly bundle preventive services: incident response (21 products), vulnerability scanning (15 products), pre-breach advisory (14 products), security awareness training (12 products), crisis management (12 products). These services reduce breach probability and are typically included at no extra cost.
+How financially strong are the cyber insurers in Australia?
26 of the 26 listed products in Australia are backed by carriers holding an AM Best rating in the A range, of which 10 are rated A+. AM Best ratings measure an insurer's ability to pay claims.
+Can I buy cyber insurance in Australia directly, or do I need a broker?
4 of 26 products in Australia are available directly from the insurer, while 22 are sold only through brokers. Each product page on Ryskly shows the relevant contact route.