As technology becomes the backbone of modern business, Australian companies face growing exposure to liability risks from software failures and service disruptions to data breaches and IP disputes. These risks can impact not only operations but also client trust and contractual obligations.

Our Ascend Product offers the essential covers of Technology Liability, Cyber and General Liability to enable bespoke solutions for tech-enabled businesses, from agile startups to complex enterprises. With deep expertise and a global outlook, we help clients manage evolving liabilities across software development, IT services, cloud infrastructure, and beyond ensuring confidence in every contract and connection.

Capacity

Limits to be considered

PI: $10 million

Cyber: $10 million

GL: $20 mill

Our Appetite

Our underwriting appetite includes:

Core IT Services

  • Managed IT Services: Ongoing support, monitoring, and maintenance of IT infrastructure.
  • IT Consulting: Strategic advice on technology adoption, digital transformation, and infrastructure planning.
  • Cloud Services: Migration, management, and optimization of cloud platforms (AWS, Azure, Google Cloud).
  • Cybersecurity Services: Threat detection, penetration testing, security audits, and compliance.
  • Software Development: Custom applications, mobile apps, and enterprise software.
  • Web Development & Design: Website creation, UX/UI design, and e-commerce platforms.
  • Data Analytics & Business Intelligence: Data warehousing, reporting, and predictive analytics.
  • IT Infrastructure Services: Network setup, server management, and hardware procurement.
  • DevOps & Automation: CI/CD pipelines, infrastructure as code, and process automation.
  • Digital Strategy & Transformation: Roadmaps for digitization, innovation, and competitive advantage.

Meet the Team

Stephen Wright Cyber Underwriting Manager for Australia, headshot in front of a grey background
Rob Lee Headshot
Joanne Fanning Graduate Trainee Underwriter for Australia headshot in front of a grey background

Get in Touch

australia@probitas1492.com
+61 1300 00 1492

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Probitas Syndicate 1492 is managed at Lloyd’s by Probitas Managing Agency Limited. Probitas Managing Agency Limited is registered in England and Wales (No. 12242600) at 88 Leadenhall Street, London, EC3A 3BP and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Firm Reference Number 931446). Probitas 1492 (Pacific) Pty Ltd (ABN 82 663 993 244) is registered in Australia and is a Lloyd’s approved service company and coverholder of Probitas Managing Agency Limited. Probitas 1492 (Pacific) Pty Ltd is regulated in Australia by the Australian Securities and Investments Commission (Licence No: 545082). We may process your personal data. For information on how your personal data is used and the rights that you have please see the Privacy Notice. If you are providing personal data to us on behalf of another individual, you must provide this Privacy Notice to them. Please find our Terms of Trade here.