Vero Insurance New Zealand Limited (via Vero Liability) (Vero Insurance New Zealand Limited (Suncorp Group – Australia))

Vero Cyber Insurance

by Vero Insurance New Zealand Limited (via Vero Liability)
B2BBDirectBroker onlyAsia PacificEnglish
Last updated 29.04.2026

Product Details§ 01

Max Insurance Limit
Bespoke.
Min Premium / Revenue
No revenue threshold published
Market Focus
Micro, SME, Mid-market, Large, Multinational
AM Best Rating
Not rated by 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

  • Vero Cyber Insurance (via Vero Liability): specialist liability division cyber product for New Zealand commercial clients.
  • Coverage: data breach response, BI loss, cyber extortion/ransomware, data recovery, Privacy Act 2020 notification costs, third-party network security and privacy liability, digital media liability.
  • Part of Suncorp New Zealand (Suncorp Group, Top 50 ASX-listed, $33B assets); AA- (Very Strong) S&P financial strength rating.
  • Claims payout rate: 97%+ of motor, house and contents claims in the five years to June 2024.
  • Intermediated-only: distributed via New Zealand's broker and adviser network.

Contact & Response§ 03

Customer Contact
0800 800 336 / https://www.veroliability.co.nz/
24/7 Crisis Hotline
0800 800 336 (Vero 24/7 claims).