PAOLI, Pa and LONDON, 19 August 2020: Ascent Underwriting, the cyber and specialty lines MGA and a founding partner of Optio Group, today announced its flagship CyberPro 2.8 product has gone live on Prowriters’ Cyber IQ platform, following the successful integration of its proprietary underwriting platform, Optio Connect.
Since 2012, ProWriters has provided a dynamic online quote comparison capability that allows agents and brokers to compare and access specialty insurance products from market-leading carriers. The addition of Ascent’s flagship cyber product CyberPro 2.8 will further broaden the appeal of the Cyber IQ platform for brokers while enhancing Ascent’s U.S. distribution reach as part of its digital growth strategy.
Brian Thornton, CEO, ProWriters said: “We are extremely pleased to welcome Ascent to our Cyber IQ platform, which joins Axis, Chubb, Hiscox, Tokio Marine HCC, CFC, At-Bay, Coalition, and Corvus. Ascent’s Cyber and Tech E&O proposition has enjoyed impressive growth for many years, propelled by its leading underwriting expertise, dedicated broker focus, and innovative use of proprietary technology.”
John Merchant, managing director, cyber & technology, North America said: “ProWriters has for some time offered one of the best platforms in the market and I am delighted to announce our partnership with them. The combined strength of Cyber IQ and Optio Connect platforms will further enhance our distribution capabilities.
“Being added to ProWriters’ scalable Cyber IQ platform allows Ascent to easily deliver customized cyber insurance solutions. It also provides the option to quickly add enhancements and additional coverages including tech E&O.”