Specialty re/insurer Brit has announced the launch of its e-trading portal for cyber risk.
Launching in the UK and the US, the online platform will target SMEs in both regions and is designed to give brokers an agile, user-friendly outlet for Brit’s cyber underwriting capabilities, allowing them to quote and bind in minutes, entirely online, with a maximum of four question responses.
The portal is underpinned by Brit Cyber’s preventative risk management and breach response service, in order to provide clients with access to extensive training modules, security trend updates and downloadable content aimed at helping businesses and their employees to protect against an event.
“Our clients are only able to grow and succeed by taking control of their risks and, by ‘writing the future’ Brit plays a critical role in this,” said Matthew Wilson, Brit’s Chief Executive Officer.
“This mindset is core to Brit Cyber Services, recognising that as cyber risks continue to evolve it is increasingly important to help businesses take the right steps to mitigate possible breaches while making it as easy as possible for brokers and their clients to access the best insurance cover.
“Brit’s strong focus on prevention alongside the launch of our portal underpins our award-winning team’s commitment to writing the future of the cyber market.”
Nick Davies, President, Brit Americas, added, “Brit Cyber Services has rapidly built a strong US presence and the launch of our cyber portal is an important expansion of our offering.
“The agility of our fully online end to end system and the integration of our comprehensive risk management services is a compelling proposition for both brokers and clients in the US market.”
