CyberGuide - Information Security and Cyber Risk Management

ProWriters

Brian Thornton – CEO 
41 Leopard Rd, Suite 301
Paoli, PA 19301
484.321.2342
Brian.thornton@prowritersins.com


About ProWriters:

ProWriters is a technology enabled MGA and wholesale broker. We have deep expertise in all professional lines with a specific focus on Cyber Insurance.

For SME Cyber, we’ve developed the Cyber IQ comparative rating portal. Our brokers receive quotes from six top carriers and a dynamic coverage comparison in seconds. At-Bay, Axis, CFC, Chubb, Hiscox, and Tokio Marine HCC are currently offering terms on our Cyber IQ portal, with more being added in Q1 2020. In addition to quick, digital access to markets, Cyber IQ offers a white labeling program and the ability to bulk quote hundreds of accounts in minutes. No other firm can offer the number of options with the speed that we can. Because we can see how each of our partner carriers rate the business, we know that one carrier is not the right answer for every client. We give our brokers the ability to market their accounts quickly and efficiently, so they can spend more time serving their clients and growing their business.

We believe in simplicity and choice. We take a complex product like cyber insurance and make it simple by offering our brokers multiple carrier options in seconds with a coverage comparison, backed by our product expertise and personal service.

Survey Answers

Target Client Size
up to $5B
Does US business in
Northeast, Southeast, Midwest, Southwest, West
Does international business in
N/A
Primary Service Offering
Insurance Broker
When did your company start placing standalone cyber insurance policies?
2013
As of September 30,2019, what is your organizations standalone cyber gross written premium?
$3M to $10M
How many dedicated cyber insurance brokers does your company have handling client cyber risk on a day-to-day basis?
1-5
What percentage of your clients buy cyber insurance?
61-7%
Approximately how many standalone cyber claims did your firm’s clients file in the last 12 months?
16-30
Approximately how many cyber claims involving other lines of business did your firm’s clients file in the last 12 months?
0-5
Who are your top 5 trading partners of primary cyber insurance policies?
AXIS, Chubb, Hiscox, Lloyds of London, Hartford Steam Boiler
Who are your top 5 trading partners of excess cyber insurance policies?
AIG, AXIS, Chubb, Hiscox, Lloyds of London