QBE Insurance (Australia) Limited (QBE Insurance Group Limited (Australia))
QCyberProtect
by QBE Insurance (Australia) Limited
B2BADirect—Broker onlyAsia PacificEnglish
Last updated 07.05.2026
Product Details§ 01
Max Insurance Limit
Primary and excess capacity up to $10M
Min Premium / Revenue
Min revenue size $50M
Market Focus
SME, Mid-market, Large, Multinational
AM Best Rating
A (Excellent) – AM Best
MGA / Direct
No – Direct insurer.
Policy Language
English
NIS2 / DORA Support
Not applicable.
War Exclusion
War and nation-state cyber exclusion applied (LMA-aligned).
Geographic Scope
Asia Pacific.
Broker Only
Yes
Advantages & Limitations§ 02
Advantages
- QBE: top-5 Australian insurer; #1 global insurance and reinsurance (operations in 27 countries).
- Cyber insurance for businesses across all sizes and industries.
- Coverage: data breach, cyber attack response, BI loss, ransomware/extortion, system damage, GDPR notification, RC third-party.
- QBE's 2024 AI investment for claims processing — improving speed and accuracy.
- Mandatory reporting of ransomware payments (SOCI-regulated entities, >$3M revenue) effective May 2025 — drives demand.
- Australia cyber market: competitive capacity, stable rates; QBE surveys show 1/3 businesses lack incident response playbooks.
Limitations
- Out of appetite: public sector/government.
Contact & Response§ 03
Customer Contact
24/7 Crisis Hotline
Via policy documentation.
Broker Contact