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🛡️ Emergence Insurance is a Sydney-headquartered cyber insurance MGA and Lloyd's coverholder operating across Australia and New Zealand. Founded in 2015 with strategic investment from Steadfast Group Limited and Hollard Insurance, it writes policies under binding authority from Lloyd's underwriters led by Markel Syndicate 3000. The product suite spans SME to enterprise segments, anchored by Cyber Event Protection (CEP-005.1) offering limits of $250,000 to $10 million and Cyber Enterprise Solution (CES-003) targeting businesses above $250 million in revenue. Distribution is exclusively broker-based, with a default commission of 15% and a selectable range of 0% to 25%.

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-|1 = {{#if:{{{bullet|}}}|* }}Australia/NZ cyber MGA, Lloyd's coverholder, Markel Syndicate 3000 lead, SME-to-enterprise, Steadfast-backed, broker-only distribution
+|1 = {{#if:{{{bullet|}}}|* }}Australia/NZ cyber [[Definition:Managing general agent (MGA) |MGA]], [[Definition:Lloyd's coverholder |Lloyd's coverholder]], [[Definition:Markel Corporation |Markel Syndicate 3000]] lead, [[Definition:Small and medium-sized enterprise (SME) |SME]]-to-enterprise, Steadfast-backed, [[Definition:Insurance broker |broker-only distribution]]
-|2 = {{#if:{{{bullet|}}}|* }}Emergence Insurance is an Australian cyber-focused managing general agency and Lloyd's coverholder, backed by Steadfast Group and Hollard Insurance, writing SME through enterprise risks on Markel Syndicate 3000 capacity with broker-only distribution across Australia and New Zealand.
+|2 = {{#if:{{{bullet|}}}|* }}Emergence Insurance is an Australian cyber-focused [[Definition:Managing general agent (MGA) |managing general agency]] and [[Definition:Lloyd's coverholder |Lloyd's coverholder]], backed by [[Definition:Steadfast Group |Steadfast Group]] and [[Definition:Hollard Insurance |Hollard Insurance]], writing [[Definition:Small and medium-sized enterprise (SME) |SME]] through enterprise risks on [[Definition:Markel Corporation |Markel Syndicate 3000]] capacity with [[Definition:Insurance broker |broker-only distribution]] across Australia and New Zealand.
-|3 = {{#if:{{{bullet|}}}|* }}🛡️ '''Emergence Insurance''' is a Sydney-headquartered cyber insurance MGA and Lloyd's coverholder operating across Australia and New Zealand. Founded in 2015 with strategic investment from Steadfast Group Limited and Hollard Insurance, it writes policies under binding authority from Lloyd's underwriters led by Markel Syndicate 3000. The product suite spans SME to enterprise segments, anchored by Cyber Event Protection (CEP-005.1) offering limits of $250,000 to $10 million and Cyber Enterprise Solution (CES-003) targeting businesses above $250 million in revenue. Distribution is exclusively broker-based, with a default commission of 15% and a selectable range of 0% to 25%.
+|3 = {{#if:{{{bullet|}}}|* }}🛡️ '''Emergence Insurance''' is a Sydney-headquartered [[Definition:Cyber insurance |cyber insurance]] [[Definition:Managing general agent (MGA) |MGA]] and [[Definition:Lloyd's coverholder |Lloyd's coverholder]] operating across Australia and New Zealand. Founded in 2015 with strategic investment from [[Definition:Steadfast Group |Steadfast Group Limited]] and [[Definition:Hollard Insurance |Hollard Insurance]], it writes policies under [[Definition:Binding authority |binding authority]] from Lloyd's [[Definition:Underwriter |underwriters]] led by [[Definition:Markel Corporation |Markel Syndicate 3000]]. The product suite spans [[Definition:Small and medium-sized enterprise (SME) |SME]] to enterprise segments, anchored by Cyber Event Protection (CEP-005.1) offering limits of $250,000 to $10 million and Cyber Enterprise Solution (CES-003) targeting businesses above $250 million in revenue. Distribution is exclusively broker-based, with a default [[Definition:Commission |commission]] of 15% and a selectable range of 0% to 25%.
-|4 = {{#if:{{{bullet|}}}|* }}🛡️ '''Emergence Insurance''' is a Sydney-headquartered cyber insurance managing general agency and Lloyd's coverholder operating across Australia and New Zealand. Founded in March 2015 with strategic investment from Steadfast Group Limited and Hollard Insurance, the company writes policies under binding authority from Lloyd's underwriters led by Markel Syndicate 3000. Steadfast disclosed a 33.33% ownership interest as of FY2016.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📦 '''Products.''' The product suite spans SME to enterprise segments: Cyber Event Protection (CEP-005.1) offers limits of $250,000 to $10 million with worldwide territorial limits and 100% Lloyd's security, while Cyber Enterprise Solution (CES-003) targets businesses with more than $250 million in revenue. Both products employ a hybrid trigger structure combining discovery-and-notification for first-party covers with claims-made-and-reported framing for liability. Embedded incident response services do not erode the policy aggregate and carry no excess.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📬 '''Distribution and differentiation.''' Policies are available exclusively through insurance brokers, with a default commission of 15% and a selectable range of 0% to 25%. Policyholders receive bundled cybersecurity services at no extra cost, including vCISO advisory, real-time threat notifications, dark web monitoring, and internet-facing infrastructure scanning. The strategic trajectory has expanded from SME-first positioning at launch to an explicit enterprise offering supported by in-house underwriting, claims, incident response, and technology functions.
+|4 = {{#if:{{{bullet|}}}|* }}🛡️ '''Emergence Insurance''' is a Sydney-headquartered [[Definition:Cyber insurance |cyber insurance]] [[Definition:Managing general agent (MGA) |managing general agency]] and [[Definition:Lloyd's coverholder |Lloyd's coverholder]] operating across Australia and New Zealand. Founded in March 2015 with strategic investment from [[Definition:Steadfast Group |Steadfast Group Limited]] and [[Definition:Hollard Insurance |Hollard Insurance]], the company writes policies under [[Definition:Binding authority |binding authority]] from Lloyd's [[Definition:Underwriter |underwriters]] led by [[Definition:Markel Corporation |Markel Syndicate 3000]]. Steadfast disclosed a 33.33% ownership interest as of FY2016.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📦 '''Products.''' The product suite spans [[Definition:Small and medium-sized enterprise (SME) |SME]] to enterprise segments: Cyber Event Protection (CEP-005.1) offers limits of $250,000 to $10 million with worldwide [[Definition:Territorial limits |territorial limits]] and 100% Lloyd's security, while Cyber Enterprise Solution (CES-003) targets businesses with more than $250 million in revenue. Both products employ a hybrid trigger structure combining discovery-and-notification for [[Definition:First-party insurance |first-party]] covers with [[Definition:Claims-made policy |claims-made-and-reported]] framing for liability. Embedded [[Definition:Incident response |incident response]] services do not erode the [[Definition:Aggregate limit |policy aggregate]] and carry no [[Definition:Excess |excess]].{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📬 '''Distribution and differentiation.''' Policies are available exclusively through [[Definition:Insurance broker |insurance brokers]], with a default [[Definition:Commission |commission]] of 15% and a selectable range of 0% to 25%. Policyholders receive bundled cybersecurity services at no extra cost, including [[Definition:Virtual Chief Information Security Officer (vCISO) |vCISO]] advisory, real-time threat notifications, [[Definition:Dark web monitoring |dark web monitoring]], and internet-facing infrastructure scanning. The strategic trajectory has expanded from SME-first positioning at launch to an explicit enterprise offering supported by in-house underwriting, claims, incident response, and technology functions.
-|5 = {{#if:{{{bullet|}}}|* }}🛡️ '''Emergence Insurance''' is a Sydney-headquartered cyber insurance managing general agency and Lloyd's coverholder operating in Australia and New Zealand. Founded in March 2015, the company was launched with strategic investment from Steadfast Group Limited and Hollard Insurance, with Troy Filipcevic and Chris Stallard serving as co-founders. It operates under binding authority from Lloyd's underwriters led by Markel Syndicate 3000, issuing policies as agent for the underwriters.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🏛️ '''Corporate structure.''' The Emergence Insurance Group Pty Limited group comprises three entities, with two functioning as MGAs and Lloyd's coverholders in Australia and New Zealand respectively. Steadfast disclosed an equity-accounted associate position with ownership rising from 25.00% in FY2015 to 33.33% in FY2016. The Australian entity holds AFSL 329634, and the New Zealand entity is registered as FSP 1005174.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}👥 '''Leadership.''' Troy Filipcevic serves as Founder and CEO, having previously been Executive Manager of Strategy at Suncorp Group and a consultant at Deloitte. The executive team includes Colin Pausey as COO, Jeff Gonlin as Chief Underwriting Officer, Blake Baxter as Head of Claims and Incident Response, and Nikil Deo as Head of Technology. The team roster also indicates internal actuarial capability and security operations functions.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📦 '''SME product.''' Cyber Event Protection (CEP-005.1) offers policy limits of $250,000 to $10 million with worldwide territorial limits, 100% Lloyd's security, and an Australia-based 24/7/365 incident response service. Coverage spans four sections: losses to the insured's business (including preventative shutdown and system failure), liability protection, cyber event response costs, and optional covers for non-IT contingent business interruption and criminal financial loss. Waiting periods apply at 8 hours for business interruption and 48 hours for system failure, with indemnity periods ranging from 30 to 365 days.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🏗️ '''Enterprise product.''' Cyber Enterprise Solution (CES-003) explicitly targets businesses with more than $250 million in revenue across a broad range of industries. It covers first-party and third-party costs through three principal modules: business interruption, cyber event response costs, and cyber and privacy liability. Extensions and optional covers include reputational harm, system failure, dependent business system failure, multimedia liability, tangible property, and joint venture and consortium arrangements.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}⚙️ '''Policy mechanics.''' Both products employ a hybrid trigger structure: discovery-and-notification for first-party elements and claims-made-and-reported for third-party liability. The embedded incident response service does not erode the policy aggregate and carries no excess. War and cyber operation exclusions apply across both products, incorporating an impacted state construct with a carve-back for systems not physically located in the impacted state.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🖥️ '''Cybersecurity services.''' CEP-005.1 policyholders receive at no extra cost a vCISO Trusted Advisor, real-time cyber threat notifications, dark web monitoring, and an incident response plan template. The policy wording describes ongoing scanning of internet-facing infrastructure to determine vulnerabilities. For CES-003, Emergence partners with its sister company cyberSuite to deliver complimentary and heavily discounted pre-loss services to enterprise policyholders.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📬 '''Distribution and geography.''' Policies are available exclusively through insurance brokers, with a default commission of 15% and a selectable range of 0% to 25%. Emergence operates in Australia (Sydney head office) and New Zealand (Auckland contact address), with original launch ambitions encompassing South Africa and Asia as well. Company documentation references the Lloyd's credit rating of AA- from S&P as the underlying policy security.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🧭 '''Strategy and risk.''' The strategic trajectory has expanded from SME-first positioning in 2015 to an explicit enterprise offering, while maintaining packaged SME propositions supported by enhanced claims and incident response operations. Key risk factors include capacity dependency on Lloyd's delegated authority renewals, systemic cyber aggregation exposure, and operational execution risk in embedded cybersecurity services. The firm's in-house underwriting, claims, incident response, and technology functions are consistent with a scaled specialty MGA design.
+|5 = {{#if:{{{bullet|}}}|* }}🛡️ '''Emergence Insurance''' is a Sydney-headquartered [[Definition:Cyber insurance |cyber insurance]] [[Definition:Managing general agent (MGA) |managing general agency]] and [[Definition:Lloyd's coverholder |Lloyd's coverholder]] operating in Australia and New Zealand. Founded in March 2015, the company was launched with strategic investment from [[Definition:Steadfast Group |Steadfast Group Limited]] and [[Definition:Hollard Insurance |Hollard Insurance]], with Troy Filipcevic and Chris Stallard serving as co-founders. It operates under [[Definition:Binding authority |binding authority]] from Lloyd's [[Definition:Underwriter |underwriters]] led by [[Definition:Markel Corporation |Markel Syndicate 3000]], issuing policies as agent for the underwriters.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🏛️ '''Corporate structure.''' The Emergence Insurance Group Pty Limited group comprises three entities, with two functioning as MGAs and Lloyd's coverholders in Australia and New Zealand respectively. Steadfast disclosed an [[Definition:Equity method |equity-accounted associate]] position with ownership rising from 25.00% in FY2015 to 33.33% in FY2016. The Australian entity holds [[Definition:Australian Financial Services Licence (AFSL) |AFSL]] 329634, and the New Zealand entity is registered as FSP 1005174.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}👥 '''Leadership.''' Troy Filipcevic serves as Founder and CEO, having previously been Executive Manager of Strategy at [[Definition:Suncorp Group |Suncorp Group]] and a consultant at Deloitte. The executive team includes Colin Pausey as COO, Jeff Gonlin as [[Definition:Chief Underwriting Officer (CUO) |Chief Underwriting Officer]], Blake Baxter as Head of Claims and Incident Response, and Nikil Deo as Head of Technology. The team roster also indicates internal [[Definition:Actuary |actuarial]] capability and security operations functions.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📦 '''[[Definition:Small and medium-sized enterprise (SME) |SME]] product.''' Cyber Event Protection (CEP-005.1) offers [[Definition:Policy limit |policy limits]] of $250,000 to $10 million with worldwide [[Definition:Territorial limits |territorial limits]], 100% Lloyd's security, and an Australia-based 24/7/365 [[Definition:Incident response |incident response]] service. Coverage spans four sections: losses to the insured's business (including preventative shutdown and [[Definition:System failure coverage |system failure]]), liability protection, cyber event response costs, and optional covers for non-IT [[Definition:Contingent business interruption insurance |contingent business interruption]] and criminal financial loss. Waiting periods apply at 8 hours for [[Definition:Business interruption insurance |business interruption]] and 48 hours for system failure, with [[Definition:Indemnity period |indemnity periods]] ranging from 30 to 365 days.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🏗️ '''Enterprise product.''' Cyber Enterprise Solution (CES-003) explicitly targets businesses with more than $250 million in revenue across a broad range of industries. It covers [[Definition:First-party insurance |first-party]] and [[Definition:Third-party insurance |third-party]] costs through three principal modules: business interruption, cyber event response costs, and [[Definition:Cyber liability insurance |cyber and privacy liability]]. Extensions and optional covers include [[Definition:Reputational harm coverage |reputational harm]], system failure, dependent business system failure, [[Definition:Multimedia liability |multimedia liability]], tangible property, and joint venture and consortium arrangements.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}⚙️ '''Policy mechanics.''' Both products employ a hybrid trigger structure: discovery-and-notification for first-party elements and [[Definition:Claims-made policy |claims-made-and-reported]] for third-party liability. The embedded incident response service does not erode the [[Definition:Aggregate limit |policy aggregate]] and carries no [[Definition:Excess |excess]]. War and [[Definition:Cyber war exclusion |cyber operation exclusions]] apply across both products, incorporating an impacted state construct with a carve-back for systems not physically located in the impacted state.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🖥️ '''Cybersecurity services.''' CEP-005.1 policyholders receive at no extra cost a [[Definition:Virtual Chief Information Security Officer (vCISO) |vCISO]] Trusted Advisor, real-time cyber threat notifications, [[Definition:Dark web monitoring |dark web monitoring]], and an incident response plan template. The [[Definition:Policy wording |policy wording]] describes ongoing scanning of internet-facing infrastructure to determine vulnerabilities. For CES-003, Emergence partners with its sister company cyberSuite to deliver complimentary and heavily discounted pre-loss services to enterprise policyholders.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📬 '''Distribution and geography.''' Policies are available exclusively through [[Definition:Insurance broker |insurance brokers]], with a default [[Definition:Commission |commission]] of 15% and a selectable range of 0% to 25%. Emergence operates in Australia (Sydney head office) and New Zealand (Auckland contact address), with original launch ambitions encompassing South Africa and Asia as well. Company documentation references the Lloyd's [[Definition:Credit rating |credit rating]] of AA- from S&P as the underlying policy security.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🧭 '''Strategy and risk.''' The strategic trajectory has expanded from SME-first positioning in 2015 to an explicit enterprise offering, while maintaining packaged SME propositions supported by enhanced claims and incident response operations. Key risk factors include capacity dependency on Lloyd's [[Definition:Delegated authority |delegated authority]] renewals, systemic [[Definition:Cyber aggregation risk |cyber aggregation]] exposure, and operational execution risk in embedded cybersecurity services. The firm's in-house underwriting, claims, incident response, and technology functions are consistent with a scaled specialty MGA design.
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