Fintech cyber insurance

There are a few steps that we take to source cyber insurance for your business:

Identify the cyber insurance needs: Firstly, we work with your business to identify the cyber insurance needs by understanding their risk exposure, type of data they handle, cyber incidents experienced in the past, and any regulatory compliance requirements.

Research and compare policies: Once the cyber insurance needs are identified, we then research and compare policies from different insurance carriers, seeking policies that provide coverage for the specific cyber risks the business is exposed to.

Review policy coverage: We carefully review the coverage provided by the policy to ensure that it meets your business needs, while reviewing the policy's exclusions, limitations, and deductibles, and assessing the insurer's reputation overall.

Negotiate policy terms: We will then negotiate policy terms with the insurer to ensure that the coverage is tailored to your business's specific needs and is priced competitively.

Provide ongoing support: The broker should provide ongoing support to the business, including assistance with policy renewals, claims management, and risk mitigation strategies.

By following these steps, an insurance broker can effectively source cyber insurance for any business and help them manage their cyber risks.