QCyberProtect

While businesses continue to invest in prevention and preparedness, the reality is that cyber incidents can still occur. When they do, the ability to access the right support and recover efficiently can make a significant difference.

 

That’s where QCyberProtect is designed to help. QBE’s global cyber offering combines comprehensive cyber cover with specialist support to help organisations navigate the challenges that can arise before, during and after a covered cyber event. The product is designed to support a range of organisations, from mid-sized businesses through to larger, more complex operations, providing access to cyber expertise and cover for key cyber-related exposures. 

 

Importantly, support doesn’t stop once an incident occurs.

 

One of the most challenging aspects of a cyber event can be managing the operational and financial disruption that follows. Even when businesses have plans in place, recovery often requires quick decisions, coordinated responses and access to resources while the full impact of the incident is still being assessed.

 

To help address this challenge, QBE has introduced QCyber Rapid Pay – a business interruption enhancement available through QCyberProtect that is designed to help accelerate financial support following a covered cyber event. 

 

Traditional business interruption claims can often take time to assess and quantify. During this period, organisations may still need to manage ongoing costs, maintain operations and support recovery efforts. QCyber Rapid Pay is intended to help reduce some of that pressure by providing earlier access to funds and a more streamlined claims experience.

 

The enhancement combines several features designed to support recovery, including advance payments for eligible clients, interim payments of undisputed losses and a structured approach to financial calculations that can assist in progressing claims more efficiently. Together, these features aim to provide earlier liquidity, greater certainty and a faster path towards claim resolution. 

 

The benefit for businesses is simple: earlier access to funds can help support operational continuity while recovery activities are underway. Rather than waiting until every aspect of a claim is finalised, organisations may be able to access financial support sooner, helping them focus on stabilising operations and responding to the incident. 

 

For brokers, this addresses one of the most common questions clients ask after a cyber incident: “How quickly will funds be available?” QCyber Rapid Pay is designed to provide a practical answer by supporting a more efficient path to accessing covered business interruption benefits. 

 

At its core, the enhancement reflects a broader objective: helping businesses recover with greater confidence when they need support most.

 

Cyber resilience is about more than prevention. It’s also about having the right protection and support in place to respond when an incident occurs. Through QCyberProtect and the addition of QCyber Rapid Pay, QBE continues to focus on helping clients navigate cyber challenges, maintain business continuity and support recovery at critical moments. 

 

Because when a cyber event disrupts operations, timely support can make all the difference. And having access to the right expertise, cover and recovery tools can help businesses focus on what matters most: getting back up and running.