There is no crime too low for a hacker in today’s climate. Criminals are wreaking havoc on organizations of all kinds. Businesses, from locally-owned mom-and-pop shops to multimillion-dollar corporations, are at risk. What’s become clear is that every organization needs protection against cyber threats.
However, cyber coverage can be complicated and confusing in a volatile industry that faces change regularly. With over 20 years of insurance experience, ProWriters is constantly evaluating and optimizing our processes to make buying and selling insurance easy. The cyber insurance comparison process has never been easier with our Cyber IQ Platform.
Why Businesses Need Cyber Insurance Now More Than Ever
As cyber attacks, especially ransomware attacks, seem to grow in both frequency and severity, securing the right coverage for your business clients has never been more critical. Data breaches can have significant (and often devastating) impacts on your clients’ finances and social credit.
A cyber insurance policy can provide coverage for a number of costs, including legal fees, notification costs, IT forensics, and more. However, locating the best insurance policy for your clients through business insurance comparison can be a lengthy process, which is why so many brokers turn to business insurance comparison tools.
Three Ways Our Cyber IQ Platform Saves You Time
While there are a number of cyber insurance comparison tools available today, ProWriters has shaped the Cyber IQ Platform to make your process as quick and seamless as possible.
Here’s how we can help:
1. Multi-Carrier Comparison
While many platforms can only quote for one carrier at a time, The Cyber IQ Platform can instantly compare insurance quotes from multiple carriers. There is no need to enter a risk into the platform five, six, or seven times (or more) to get multiple quotes and then complete a manual policy comparison of your options. ProWriters can compare these quotes for you in a matter of minutes.
2. Notice of the Best Market
As ProWriters rates on behalf of many different carriers, we can outline which markets may be better options than others, which varies from risk to risk. Rather than checking the market on each individual quote, as a market may be aggressive on price on one quote and double the price of the market on the next, we quote all the markets each time so you can save time knowing that you have marketed the account for your client.
3. Expertise Provided
With over 20 years of experience in the insurance industry, ProWriters offers both product and technical expertise. As markets try to sell you on why their product is best, you’ll need an expert intermediary who can truly deliberate the differences. There is a reason that all the top markets have partnered with ProWriters, and that is because we are good partners with the technical expertise to point out the differences in all the options provided.
ProWriters strives to make your job easier while offering the best service in the industry. Learn more about how ProWriters helps you provide the best possible service to your clients with the most efficient cyber insurance comparison platform!