CyberGuide - Information Security and Cyber Risk Management

Towne Insurance

Stuart O’Neal
6670 Caratoke Highway
Grandy, NC 27939
252.435.2892
poneal@towneinsurance.com


About Towne Insurance:

We are a full service broker.

Survey Answers

Target Client Size
0 to $25 million
Does US business in
Southeast
Does international business in
N/A
Primary Service Offering
Insurance Broker
When did your company start placing standalone cyber insurance policies?
2016
What was your organizations standalone cyber gross written premium this year?
0 - $3M
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?
11 - 20%
Approximately how many standalone cyber claims did your firm’s clients file in the last 12 months?
6-15
Approximately how many cyber claims involving other lines of business did your firm’s clients file in the last 12 months?
6-15
Who are your top 5 trading partners of primary cyber insurance policies?
Beazley , Chubb, The Hartford, Lloyds of London, Travelers
Who are your top 5 trading partners of excess cyber insurance policies?
Beazley , Lloyds of London, Markel, Philadelphia/Tokio Marine, Travelers