Cyber Quoting provides commercial insurance brokers and Managing General Agents (MGAs) with an easy process to get benchmarked, bindable cyber insurance quotes in minutes. The centralized quoting platform brings together global cyber insurers and U.S. distributors, with a simplified, transparent data collection process and insights to guide coverage submission and selection. Bind within Cyber Quoting: No insurer site visits, no extra steps. With Cyber Quoting, you can grow revenue and improve client satisfaction by efficiently delivering the right cyber insurance products and premiums.
· Provide your clients with the best cyber policy to fit their coverage and budget by shopping the market from one platform
· Eliminate guessing: See what similar businesses are purchasing from within the quoting workflow using benchmarking data
· Spend less time quoting cyber coverage and more time focusing on your clients and helping uncover potential cyber exposures
Key features and capabilities include:
One portal for quoting: Have access to the latest admitted and non-admitted cyber insurers
Standardized cyber quoting questionnaires: Enter client data once and get quotes from the global cyber insurance market
Real-time rates: Behind the scenes, our API is connecting to insurers to get up-to-date premiums and coverages
Structured quoting and sales process: Deliver consistent selling with less broker training. Explore coverage levels, identifiable loss gaps, and common coverage models within the platform
Embedded benchmarking and limit adequacy: Use 400,000 data points to benchmark coverage limits and 200,000 cyber losses to profile for similar risks (e.g. class and revenue size) to understand limit adequacy
Bindable quotes: No need to answer additional questions within an insurer portal