Three scenarios dominate the claims data. First, a compromised vendor email chain leads your AP team to redirect a legitimate invoice payment to a new bank account controlled by a criminal. Second, a spoofed executive email instructs your controller to wire funds for a confidential acquisition or urgent tax payment. Third, a threat actor compromises your company's own email system and intercepts outbound payment instructions to your clients, redirecting incoming payments. Each scenario triggers a different coverage grant, and some policies cover only one or two of the three.
Common Wire Transfer Loss Scenarios
A mid-market acquisition closes, the seller walks away with full proceeds, and 14 months later the buyer discovers a material misstatement in the target's financial statements. Without a mechanism to recover losses, the buyer absorbs the hit. Representations and warranties insurance exists to prevent exactly that outcome. It shifts the indemnification risk from the deal parties to an insurer, and its structure, from retention thresholds to the distinction between fundamental and general reps, determines whether a claim actually pays. For small and mid-market companies running their first or second transaction, understanding how R&W insurance works is not optional: it is the difference between a clean exit and a protracted dispute. This guide breaks down buy-side and sell-side policy structures, escrow replacement mechanics, retention and drop-down features, underwriting diligence expectations, and the categories of representations that shape your coverage. Whether you are a CFO evaluating a target or a founder preparing for sale, the mechanics here will inform how you negotiate and what you insure.
The Role of R&W Insurance in Modern M&A
R&W insurance has moved from a niche product to a standard feature in private-equity and mid-market transactions. North American primary R&W premium rates increased by 16% year-over-year in 2025, a sharp reversal from the soft-market pricing that characterized the prior two years. That pricing shift reflects both rising claim frequency and a broader recognition that R&W policies do what they are designed to do: pay valid claims tied to breaches of the seller's representations.
The product works by backstopping the indemnification obligations in a purchase agreement. If the seller's representations about the target company prove inaccurate, and the buyer suffers a loss, the insurer steps in rather than the seller. This changes the negotiation dynamic entirely. Sellers can pursue cleaner exits, and buyers get recourse against a creditworthy counterparty instead of chasing a former owner through litigation.
Understanding Fundamental vs. General Representations
Not all representations carry the same weight, and R&W policies treat them differently. Fundamental representations cover core ownership matters: authorization, capitalization, title to assets, and tax compliance. These reps typically survive for a longer period in the purchase agreement, often matching the statute of limitations, and R&W policies generally provide extended survival periods for fundamental reps that align with those contractual terms.
General representations cover everything else: accuracy of financial statements, material contracts, employee matters, environmental compliance, and intellectual property. These reps usually survive for 12 to 24 months post-closing. The distinction matters because the scope and duration of coverage you receive under an R&W policy directly mirrors how these categories are defined in your purchase agreement.
How Policies Replace Traditional Indemnity Escrows
Before R&W insurance became widespread, buyers held back a portion of the purchase price in escrow, typically 10% to 15%, to cover potential indemnification claims. That capital sat locked for 12 to 24 months. R&W insurance replaces or substantially reduces that escrow requirement, allowing sellers to receive a larger share of proceeds at closing. The buyer's protection shifts from a funded escrow account to an insurance policy with defined limits, retentions, and exclusions. For sellers, this is often the single most compelling reason to support R&W placement in a transaction.
By: Caden Braly
Founder of Bloc Cyber Insurance
INDEX
Bloc Cyber and Its Licensed Producers Are Authorized to Place Cyber Coverage in All 50 U.S. States and The District of Columbia.
Cyber liability insurance covers the financial losses your business faces after a cyberattack or data breach. This page explains what the coverage includes, who needs it, what it costs, and how Bloc Cyber helps you get protected fast.
We start with a twenty-minute call to walk through your contracts, your draw process, your tech stack, and the last twelve months of attempted fraud. From there we go to market with ten-plus carriers, benchmark terms side-by-side, and present the options in plain language with recommended limits and retentions. Most intakes get indicative terms within one business day.
Forensic Investigations: Identifying the Source and Scope
Forensic investigators determine how the attacker got in, what data was accessed, whether exfiltration occurred, and whether the threat actor is still present in the network. Their report drives every downstream decision: which individuals must be notified, whether payment card brands must be alerted, and what remediation steps are necessary. Forensic engagements for mid-market companies commonly run between $30,000 and $150,000, depending on the complexity of the environment. The policy form may impose a separate sublimit on forensic costs or bundle them under a single breach response aggregate. Bloc Cyber reviews these sublimits at the insuring-agreement level before binding, so clients understand exactly how much forensic coverage they are purchasing and where the cap sits relative to their actual exposure.
Comparing Buy-Side and Sell-Side Policies
The market overwhelmingly favors buy-side policies, but both structures exist and serve different purposes. The choice between them affects who controls the claim process, who the insurer pays, and how the purchase agreement is drafted.
Why Buy-Side Coverage is the Market Standard
Buy-side policies account for roughly 90% or more of R&W placements. The reason is structural: a buy-side policy gives the buyer a direct contractual relationship with the insurer. The buyer files the claim, the insurer pays the buyer, and the seller is not involved. This eliminates the friction of pursuing a former owner and avoids disputes about whether the seller is cooperating in good faith.
From the seller's perspective, a buy-side policy effectively releases them from most indemnification exposure at closing. The purchase agreement can be drafted with narrower seller indemnities because the buyer's primary recourse is the policy, not the seller's balance sheet.
Protection Differences for Buyers and Sellers
A sell-side policy, by contrast, reimburses the seller after the seller has paid an indemnification claim to the buyer. The buyer must first pursue the seller, the seller must pay, and then the seller seeks recovery from the insurer. This adds delay and counterparty risk. Sell-side policies are less common and typically arise in auction processes where the seller wants to control the insurance placement. For a buyer evaluating a transaction, the practical question is straightforward: do you want direct recourse to an insurer, or do you want to rely on a former owner's willingness and ability to pay?
The gap between a basic crime policy and a comprehensive fraud protection program is significant. The table below highlights key differences.
We start with a twenty-minute call to walk through your contracts, your draw process, your tech stack, and the last twelve months of attempted fraud. From there we go to market with ten-plus carriers, benchmark terms side-by-side, and present the options in plain language with recommended limits and retentions. Most intakes get indicative terms within one business day.
This comparison illustrates why a general liability policy, even one with a broad "personal and advertising injury" grant, will not respond to a regulatory proceeding. The coverage must be placed specifically under a cyber or technology E&O form that includes regulatory defense as a named insuring agreement.
| Coverage Feature | Basic Crime Policy | Comprehensive Cyber with Fraud Coverage |
|---|---|---|
| Computer Fraud | Typically included | Included |
| Social Engineering | Optional endorsement, low sublimit | Included, higher sublimits available |
| Push Payment Fraud | Often excluded | May be covered as separate grant |
| Account Takeover | May fall under computer fraud | Explicitly covered |
| Forensic Investigation | Not covered | First-party expense coverage |
| Legal and Regulatory Costs | Not covered | Included |
| Callback Verification Required | Yes, strict condition | Yes, but terms vary by form |
| Typical Sublimit Range | $100K - $250K | $250K - $1M+ |
Retention Structures and the Drop-Down Mechanism
The retention is the portion of any loss the insured must bear before the policy responds. Understanding how it works, and how it changes over time, is critical to evaluating the true economics of an R&W policy.
How Retention Works as a Deductible
R&W retentions function similarly to a deductible but are typically structured as a percentage of enterprise value. A common retention for mid-market deals sits between 1% and 3% of the transaction value. On a $50 million deal, that means the buyer absorbs the first $500,000 to $1.5 million of covered losses before the insurer pays anything. The retention exists because underwriters expect the buyer's own diligence to catch smaller issues. Retention levels are negotiable and vary by carrier, deal size, and the quality of the diligence package presented during underwriting.
The Transition from Retention to Drop-Down Coverage
Most R&W policies include a drop-down feature that reduces the retention, often by half, after a specified period, typically 12 months post-closing. If the original retention is $1 million, it drops to $500,000 after the first year. This mechanism reflects the assumption that the most significant breaches surface early. The reduced retention in the later period provides the buyer with more accessible coverage for claims that emerge after the initial post-closing adjustment period. Some policies offer a full drop to zero retention after 18 or 24 months, though this depends on the specific terms negotiated with the underwriter.
We start with a twenty-minute call to walk through your contracts, your draw process, your tech stack, and the last twelve months of attempted fraud. From there we go to market with ten-plus carriers, benchmark terms side-by-side, and present the options in plain language with recommended limits and retentions. Most intakes get indicative terms within one business day.
| Coverage Element | Commercial General Liability | Cyber Insurance |
|---|---|---|
| Data breach notification costs | Not covered | Covered under first-party |
| Ransomware payment | Not covered | Covered (subject to sublimit) |
| Regulatory defense | Not covered | Covered under third-party |
| Business interruption from cyberattack | Not covered | Covered with waiting period |
| Funds transfer fraud | Not covered | Covered via cyber crime endorsement |
| Third-party lawsuit over data loss | Excluded or severely limited | Covered under third-party liability |
| Technology product failure | Not covered | Covered under Tech E&O |
Most states have not passed explicit statutes declaring regulatory fines insurable or uninsurable. Instead, the question turns on public policy: courts in some jurisdictions hold that allowing insurance to pay a punitive or regulatory fine would undermine the fine's deterrent purpose. New York, for example, has case law suggesting that certain regulatory penalties are uninsurable on public policy grounds. Texas and California courts have taken different positions depending on the type of fine and the regulatory scheme involved.
Your policy form will typically include language stating that fines and penalties are covered "to the extent insurable under applicable law." This shifts the jurisdictional analysis to the time of claim. Bloc Cyber maintains state-by-state fluency in breach-notification triggers and regulatory defense exposure, which matters when your operations span multiple states with different public policy positions on fine insurability.
State-by-State Variations in Public Policy and Uninsurable Fines
Companies with operations in the EU, UK, or Asia-Pacific face additional complexity. GDPR fines imposed by European data protection authorities can reach four percent of global annual revenue. Whether a US-placed policy can respond to a GDPR fine depends on the policy's territorial scope, the choice-of-law provisions, and whether the jurisdiction where the fine is imposed permits its insurance.
Many standard cyber forms limit territorial coverage to the United States and its territories. If your company has employees, customers, or data processing activities in Europe, you need a form with international regulatory coverage or a locally admitted policy in the relevant jurisdiction. The cost of getting this wrong is not theoretical: monitor and compliance fees in cross-border enforcement actions can compound rapidly when multiple regulators coordinate investigations.
International Considerations for Multinational Regulatory Risks
Underwriting and Diligence Requirements
R&W underwriters do not simply review a purchase agreement and issue a policy. They conduct their own assessment of the target, and the quality of the buyer's diligence package directly affects whether coverage is available, what exclusions apply, and how the retention is set.
The Importance of Quality of Earnings Reports
A quality of earnings report is the single most important diligence deliverable for R&W underwriting. Underwriters rely on it to validate the target's financial representations. If the QofE is performed by a reputable firm and identifies no material adjustments, the underwriting process moves faster and the terms improve. A weak or incomplete QofE, or one performed by a firm without transaction advisory experience, can result in broader exclusions or higher retentions. The underwriting process typically requires submission of the QofE alongside legal diligence, environmental assessments, and any specialized reports relevant to the target's industry.
Addressing Known Issues and Exclusions
Any issue identified during diligence that is disclosed to the underwriter becomes a known issue and is excluded from coverage. This is a fundamental principle of R&W insurance: it covers unknown breaches, not problems you already know about. Buyers sometimes assume they can disclose a problem and still obtain coverage for it. They cannot. The underwriter will carve out any known matter, and the buyer must negotiate a specific indemnity from the seller or accept the risk. This is where the interplay between your diligence process and your insurance placement becomes critical: thoroughness in diligence improves your coverage, but every issue you find narrows it.
For companies that carry cyber liability or technology E&O policies, this dynamic should feel familiar. At Bloc Cyber, we see a parallel in how cyber insurers evaluate a company's security posture before binding coverage: known vulnerabilities get excluded or trigger higher retentions, just as known issues do in R&W underwriting.
We start with a twenty-minute call to walk through your contracts, your draw process, your tech stack, and the last twelve months of attempted fraud. From there we go to market with ten-plus carriers, benchmark terms side-by-side, and present the options in plain language with recommended limits and retentions. Most intakes get indicative terms within one business day.
FAQ: Does my general business insurance cover hacking?
Almost certainly not. Standard CGL and BOP policies contain electronic data exclusions. Even if your policy has a small "data breach" endorsement, it is typically capped at $50,000 to $100,000, which will not cover a meaningful incident. A standalone cyber liability form provides the breadth and limits required for a real claim.
FAQ: How does a consent order affect my future premiums?
A consent order signals increased risk to underwriters. Expect premium increases at renewal, potentially 25 to 100 percent or more depending on the severity of the order and your compliance track record. Some carriers may decline to renew entirely if the consent order reveals systemic compliance failures.
Comparison: Traditional Escrow vs. R&W Insurance
The choice between a traditional escrow and an R&W policy involves trade-offs in cost, liquidity, and risk allocation. The table below summarizes the key differences for a mid-market transaction.
Cost and Liquidity Comparison Table
| Feature | Traditional Escrow | R&W Insurance |
|---|---|---|
| Capital locked at closing | 10%-15% of purchase price | Premium only (2%-4% of policy limit) |
| Duration of capital hold | 12-24 months | No capital held; policy period applies |
| Seller liquidity at closing | Reduced by escrow amount | Full or near-full proceeds at closing |
| Buyer recourse | Limited to escrow fund | Policy limit, often exceeding escrow equivalent |
| Claim process | Buyer vs. seller negotiation | Buyer vs. insurer (buy-side policy) |
| Coverage for fundamental reps | Escrow may not cover full survival | Policy can match extended survival periods |
R&W insurance generally provides greater flexibility in structuring deal economics than a static escrow arrangement. The premium is a one-time cost, and the policy limit can be sized to exceed what any reasonable escrow would hold.
We start with a twenty-minute call to walk through your contracts, your draw process, your tech stack, and the last twelve months of attempted fraud. From there we go to market with ten-plus carriers, benchmark terms side-by-side, and present the options in plain language with recommended limits and retentions. Most intakes get indicative terms within one business day.
| Coverage Element | Commercial General Liability | Cyber Insurance |
|---|---|---|
| Data breach notification costs | Not covered | Covered under first-party |
| Ransomware payment | Not covered | Covered (subject to sublimit) |
| Regulatory defense | Not covered | Covered under third-party |
| Business interruption from cyberattack | Not covered | Covered with waiting period |
| Funds transfer fraud | Not covered | Covered via cyber crime endorsement |
| Third-party lawsuit over data loss | Excluded or severely limited | Covered under third-party liability |
| Technology product failure | Not covered | Covered under Tech E&O |
Common Questions About R&W Insurance
What is the typical premium for an R&W policy? Premiums generally range from 2% to 4% of the policy limit. On a $10 million policy, expect to pay $200,000 to $400,000. Rates vary by deal size, industry, and the quality of diligence.
Can R&W insurance cover breaches of environmental representations? It can, but environmental reps are frequently subject to specific exclusions or sublimits. If the target has known environmental exposure, underwriters will likely carve it out entirely.
How long does the underwriting process take? Most R&W placements close within two to three weeks from submission of a complete diligence package. Delays typically stem from incomplete materials or late-stage changes to the purchase agreement.
Does R&W insurance cover fraud? Buy-side policies generally cover seller fraud because the buyer is the innocent party. Sell-side policies do not cover fraud by the seller, as the insured cannot benefit from its own fraudulent acts.
Is R&W insurance available for deals under $20 million? Yes, though the economics become tighter. Some carriers have developed programs specifically for smaller transactions with streamlined underwriting and lower minimum premiums.
Who pays the R&W premium? The buyer typically pays for a buy-side policy. In competitive auctions, the seller may offer to pay or split the premium as a deal sweetener.
We start with a twenty-minute call to walk through your contracts, your draw process, your tech stack, and the last twelve months of attempted fraud. From there we go to market with ten-plus carriers, benchmark terms side-by-side, and present the options in plain language with recommended limits and retentions. Most intakes get indicative terms within one business day.
FAQ: Does my general business insurance cover hacking?
Almost certainly not. Standard CGL and BOP policies contain electronic data exclusions. Even if your policy has a small "data breach" endorsement, it is typically capped at $50,000 to $100,000, which will not cover a meaningful incident. A standalone cyber liability form provides the breadth and limits required for a real claim.
FAQ: How does a consent order affect my future premiums?
A consent order signals increased risk to underwriters. Expect premium increases at renewal, potentially 25 to 100 percent or more depending on the severity of the order and your compliance track record. Some carriers may decline to renew entirely if the consent order reveals systemic compliance failures.
Making the Right Choice for Your Transaction
R&W insurance is not a commodity product. The value of a policy depends on how it is structured relative to your specific purchase agreement, the quality of your diligence, and the representations you need covered. A poorly placed policy with broad exclusions and an oversized retention provides false comfort.
The same principle applies to every insurance product your company carries. If your cyber liability or technology E&O policy has not been reviewed at the insuring-agreement level, you may be carrying gaps that only surface during a claim. Bloc Cyber's practice is built on that form-level review: reading the actual policy, identifying where the coverage grant stops, and telling you what that gap costs before a claim finds it.
If you are entering a transaction and evaluating R&W coverage, or if you want to ensure your existing insurance program can withstand the scrutiny of a buyer's diligence process, request a review with a specialist who will walk through the policy form with you. The right time to understand your coverage is before you need it.
ABOUT THE AUTHOR
Caden Braly
— Founder, Bloc Cyber
I'm Caden Braly, founder of Bloc Cyber, the specialty cyber insurance arm of Braly Insurance. I built Bloc Cyber around one idea: businesses deserve coverage that actually responds when a cyberattack happens. I work closely with clients to understand their exposure, place the right policy through specialty carriers, and stand with them through the claim. My goal is simple — give every business straight answers and protection they can trust.
Full profile → caden@bloccyber.com LinkedIn
Industries We Protect
Cyber Coverage Built for Your Industry
Every industry faces a different cyber threat, from patient records in healthcare to wire fraud in construction. Bloc Cyber matches coverage to the risks your sector actually faces, drawing on specialty carriers that understand your business. Find your industry below to see how we protect it.
Healthcare
Banking
Retail / E-Commerce
Legal
Technology / SaaS
Education
Energy / Utilities
Manufacturing
Construction
Defense
Healthcare
HIPAA-grade protection for patient data
725
healthcare breaches disclosed in 2024
HIPAA-grade protection for patient data
▣ Ransomware on EHR systems
▣ PHI exfiltration
▣ Medical device exploits
▣ Business email compromise
Sub-sectors we place
Hospitals and health systems
Physician practices and specialty clinics
Dental practices and DSOs
Behavioral health and addiction treatment centers
Medical billing and revenue cycle management firms
Typical turnaround for indication of terms: 1 business day.
Banking
Coverage that meets FFIEC and NYDFS expectations
$5.9M
average cost of a financial sector breach
Common threats we underwrite against
▣ Wire fraud and BEC
▣ Credential stuffing
▣ Third-party vendor risk
▣ Ransomware
Sub-sectors we place
Community banks
Credit unions
Mortgage lenders and loan originators
Wealth management and RIAs
Payment processors and merchant acquirers
Typical turnaround for indication of terms: 1 business day.
Retail / E-Commerce
PCI-DSS aligned coverage for every checkout
42%
of retailers hit by ransomware in the last year
Common threats we underwrite against
▣ Magecart / card skimming
▣ POS malware
▣ Account takeover
▣ Supply-chain intrusion
Sub-sectors we place
Direct-to-consumer (DTC) brands
Shopify and marketplace sellers
Brick-and-mortar multi-location retailers
Restaurants and QSR franchises
Grocery and specialty food retail
Typical turnaround for indication of terms: 1 business day.
Legal
Privilege, client files, and trust-account safeguards
1 in 4
law firms reported a breach in 2024
Common threats we underwrite against
▣ Wire-transfer fraud
▣ Privileged data theft
▣ Email account compromise
▣ Ransomware
Sub-sectors we place
AmLaw / large firms
Boutique litigation firms
Personal injury and plaintiffs’ firms
Estate planning and trust attorneys
Title and real estate closing firms
Typical turnaround for indication of terms: 1 business day.
Technology / SaaS
SOC 2 and ISO-aligned risk transfer
$4.88M
avg. cost of a SaaS breach in 2024
Common threats we underwrite against
▣ Supply-chain attacks
▣ Cloud misconfiguration
▣ Token and key theft
▣ Zero-day exploits
Sub-sectors we place
B2B SaaS platforms
Managed service providers (MSPs) and MSSPs
Fintech startups
AI and machine learning companies
Cloud hosting and infrastructure providers
Typical turnaround for indication of terms: 1 business day.
Education
FERPA-aligned coverage for student and research data
80%
of K–12 districts hit by ransomware since 2022
Common threats we underwrite against
▣ Ransomware on district networks
▣ Student PII theft
▣ Fake invoice fraud
▣ DDoS on exam platforms
Sub-sectors we place
K-12 public school districts
Private and charter schools
Colleges and universities
EdTech platforms
Tutoring, test prep, and online learning providers
Typical turnaround for indication of terms: 1 business day.
Energy / Utilities
OT and IT coverage for critical infrastructure
24/7
operational-tech monitoring requirements
Common threats we underwrite against
▣ ICS/SCADA intrusion
▣ Nation-state actors
▣ Ransomware on OT
▣ Insider threat
Sub-sectors we place
Municipal utilities (water, electric, gas)
Oil and gas operators
Pipeline and midstream companies
Renewable energy (solar, wind) developers
Electric cooperatives and rural utilities
Typical turnaround for indication of terms: 1 business day.
Manufacturing
Business interruption protection for connected plants
25%
of all ransomware attacks target manufacturing
Common threats we underwrite against
▣ Ransomware halting production
▣ IP theft
▣ ICS exploits
▣ Vendor compromise
Sub-sectors we place
Industrial and heavy equipment manufacturers
Food and beverage processing
Pharmaceutical and medical device manufacturers
Automotive and parts suppliers
Aerospace component manufacturers
Typical turnaround for indication of terms: 1 business day.
Construction
Protection for project files, wires, and jobsite tech
$200K+
average wire-fraud loss in construction
Common threats we underwrite against
▣ Wire-transfer diversion
▣ BEC on project payments
▣ Stolen bid data
▣ Ransomware
Sub-sectors we place
General contractors
Commercial HVAC, electrical, and plumbing subs
Civil and infrastructure contractors
Homebuilders and residential developers
Architecture and engineering (A&E) firms
Typical turnaround for indication of terms: 1 business day.
Defense
CMMC, DFARS, and CUI-compliant risk transfer
CMMC
2.0 compliance required by 2026
Common threats we underwrite against
▣ CUI exfiltration
▣ Nation-state APTs
▣ Supply-chain compromise
▣ Cleared-personnel targeting
Sub-sectors we place
DoD prime contractors
CMMC-regulated subcontractors
Defense software and systems integrators
Aerospace and satellite contractors
Federal IT and cleared staffing firms
Typical turnaround for indication of terms: 1 business day.
The Bloc system
One foundation.
Ten industry-specific builds.
The Bloc mark is built from stackable planes — each one a different angle on the same core structure. That’s how we place coverage: one underwriting discipline, tuned and re-tuned for every industry we serve.
Coverage
A policy you can actually read.
Structured in three clean blocs.
01
First-Party
Your direct losses when an incident hits your business.
✓
Incident response & forensics
✓
Business interruption
✓ Data restoration
✓ Cyber extortion / ransomware
✓ Funds transfer fraud
✓ Reputational harm
02
Third-Party
Your liability to clients, partners, and regulators.
✓
Network security liability
✓
Privacy liability (HIPAA, GDPR, state laws)
✓ Regulatory defense & fines
✓ PCI-DSS fines and assessments
✓ Media liability
✓ Breach notification costs
03
Specialty
Advanced coverages for complex risks and contracts.
✓
Technology E&O
✓
Social engineering fraud
✓ Contingent business interruption
✓ Systems failure
✓ Bricking & hardware replacement
✓ CMMC / regulatory-specific endorsements
Typical limits placed
$1M / $1M starter
$5M / $10M mid-market
$25M+ layered towers
Custom retentions
Common Questions
Cyber Liability Insurance, Explained
What does cyber insurance cover?
Cyber insurance covers the financial losses from a data breach or cyberattack. This includes breach response, legal fees, customer notification, ransomware, business interruption, and regulatory fines, depending on your policy.
Does my business really need cyber insurance?
Yes. Any business that stores customer data, processes payments, or relies on connected systems faces cyber risk. Small and mid-sized companies are frequent targets because they often have fewer defenses.
How much does cyber insurance cost?
Cost depends on your industry, revenue, data volume, and security practices. We market your risk to multiple carriers to find strong coverage at a competitive price. Request a quote for an exact figure.
What is the difference between first-party and third-party cyber coverage?
First-party coverage pays for your own losses, like data recovery and lost income. Third-party coverage pays for claims from others harmed by a breach on your systems.
How fast can I get a quote?
Most clients receive a quote in under 24 hours after we review the details of their business and exposure.
What should I do first after a cyberattack?
Contact us right away. We help you start breach response, connect you with forensic and legal support, and guide your claim so you contain the damage quickly.
Insights
Field notes from the placement desk.
What carriers are asking right now.
Start a quote
Tell us about your business.
We’ll come back with terms.
We’ll review your stack, your contracts, and your exposure — then place the program against the right markets. Most intakes get indicative terms back within one business day.
01
Quick intake
We only ask what the carriers actually need.
02
Benchmark
Side-by-side terms from 10+ specialty cyber carriers.
03
Bind
Plain-language policy review, e-signed and in force.
