Delta Insurance managing director Ian Pollard says the product has been a long-term project, and is the result of a successful partnership with Prospect.
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“Our relationship with Prospect goes back around five years where we worked with them on our unmanned aerial vehicle (UAV) product, which was the first UAV policy to be launched in the New Zealand marketplace,” Pollard told Insurance Business.
“They were instrumental in helping us get that off the ground, and we got them involved in our personal cyber product around four years ago. They helped put the finishing touches on that from a capacity perspective, so this product is something we’ve worked on for a long time.”
“All of the insurance solutions for cyber globally and in New Zealand are for businesses, and nobody was really addressing the personal or family aspect,” he explained.
“We’ve further refined that product over time, and we’ve developed our partnership with DynaRisk, which is a cyber security provider in the household and personal use space. They offer a range of risk management tools and services, and…
