Big "I" Markets, the online market access system available exclusively to Big “I" members, has partnered with Coalition, the leading technology-enabled cyber insurance solution, to give agents access to cyber and technology errors & omissions insurance markets.
Coalition is the first insurance-enabled technology firm built to help businesses before, during and after a cyber incident. During the online quoting process, network and web properties undergo an automated risk assessment to identify known issues and potential security weaknesses. A Cyber Risk Assessment is provided at no additional cost. Coalition's Learning Center is a great starting place for your clients to learn about cybersecurity and how to protect their business.
Once coverage is bound, Coalition provides ongoing monitoring for new and emerging threats specific to the information technology used by the insured, adding an extra layer of defense. All policies include this technology-driven approach providing automated alerts, threat intelligence and ongoing policyholder monitoring along with a dedicated claims and security team should a breach occur.
Through the Big “I" Markets platform, any Big “I" member agency can quote and bind insurance online. Big “I" members also have direct access to Coalition's underwriters and renowned cybersecurity experts via online chat throughout the sales and underwriting process. Sales and educational resources include Client Ready Marketing, Declination Form, Sample Solicitation Letter, Claim Examples/Case Studies, Claim/Limit Calculators, Free Cyber Risk Assessments, pre-recorded Cyber Liability and Cybersecurity training videos and more!
The coalition is now admitted in many states providing agents with a one-stop-shop to place coverage for small businesses as well as the most complex risks in the surplus arena. Limits up to $15M are available to U.S. risks generating less than $1B in revenue/gross profit.
To learn more, visit www.bigimarkets.com/coalition-cyber or schedule a personal call with Big "I" Markets Cyber Program Manager Carla McGee, CPLP, RPLU, ACSR.
You can also learn about the program by perusing "A Conversation with Carla."