“We are excited to bring our Cyber API to market with ProWriters,” said Tim Francis, Enterprise Cyber Lead at Travelers. “They have led the way in digital distribution for the cyber insurance industry.”

ProWriters Digital IQ simplifies the insurance procurement process, allowing retail brokers to obtain quotes quickly, compare coverage options, and purchase tailored policies.

Key benefits include:

• Broad Coverage: Protection against a wide range of cyber-related claims, including ransomware, data breach, cyber business interruption and cyber crime.
• Ease of Access: Simplified quote and purchase process through the Digital IQ Platform, allowing retail brokers to secure coverage quickly and efficiently for their clients.
• Expert Broker Support: Most specialty insurance platforms and portals leave brokers on their own. With ProWriters, every submission has a human expert behind it, providing personalized service and support.

According to ProWriters CEO Brian Thornton, from the company’s inception ProWriters has focused on making the process of quoting cyber insurance easier and more efficient for retail brokers with its technology, service and expertise while also focusing on successful partnerships with carriers by helping them bring their APIs to market.

“Our mission at ProWriters is to make our retail brokers’ lives easier,” Thornton said. “We are a team consisting of brokers and software engineers who provide seamless technology solutions rooted in product expertise coupled with a true commitment to service. Ultimately, this is what distinguishes ProWriters from our competitors and allows us to provide better outcomes for our retail brokers, their clients, and our carrier partners.”

In addition to Travelers, ProWriters has partnered with several industry-leading cyber insurance carriers, including At-Bay, Beazley, CFC, Coalition, Corvus, Cowbell, ElphaSecure, Tokio Marine HCC and others to expand coverage options for their clients.

Learn more about the Digital IQ Platform.

ABOUT PROWRITERS

Founded in 2013, ProWriters has emerged as a leader in digital distribution and specialty insurance products. ProWriters caters to the diverse needs of retail brokers across all professional liability, management liability, and cyber insurance products. Prioritizing seamless brokerage solutions and constant improvement, ProWriters has solidified its reputation as a leader in digital distribution and cyber insurance.

Media Contact:
Rod Hughes
(610) 559-7585
Rhughes@kimballpr.com

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With employment-related claims on the rise and workplace regulations constantly changing, EPL Insurance is more crucial than ever for businesses of all sizes. Now that EPL Insurance is available through ProWriters Digital IQ, Brokers and Agents can effortlessly access and secure this vital coverage for businesses through a modern, user-friendly digital interface.

ProWriters is proud to partner with industry-leading EPL Insurance carriers such as Arch, Axis, Berkley Management Protection, Coalition, Counterpart, E-Risk, and Great American. These partnerships ensure our Brokers receive the best possible coverage options for their clients.

“Our mission at ProWriters is to make our retail brokers’ lives easier. We do this by providing seamless technology solutions combined with product expertise and a relentless focus on service. Ultimately this provides better outcomes for our retailers, their clients, and our carrier partners,” said Brian Thornton, CEO of ProWriters.

ProWriters Digital IQ simplifies the insurance procurement process, allowing retail brokers to obtain quotes quickly, compare coverage options, and purchase tailored policies.

Key benefits include:

• Comprehensive Coverage: Protection against a wide range of employment-related claims, including discrimination, harassment, wrongful termination, and retaliation.
• Ease of Access: Simplified quote and purchase process through the Digital IQ Platform, allowing Brokers and Agents to secure coverage quickly and efficiently for their clients.
• Expert Broker Support: Most specialty insurance platforms and portals leave brokers on their own. With ProWriters, every submission has an expert behind it, providing personalized service and support.

“At ProWriters, we know platforms and portals can’t do everything. Specialty insurance is complex and requires real expertise to ensure retail brokers get the service they need and the most comprehensive coverage for their clients,” said Chris Reno, Head of Product at ProWriters.

Brokers can visit the ProWriters website to learn more about their EPL Insurance or secure a policy through the Digital IQ Platform. They can also contact ProWriters directly.

About ProWriters:

Founded in 2013, ProWriters has emerged as a leader in digital distribution and specialty insurance products. ProWriters caters to the diverse needs of retail brokers across all Professional Liability, Management Liability, and Cyber Insurance products. Prioritizing seamless brokerage solutions and constant improvement, ProWriters has solidified its reputation as a leader in digital distribution and cyber insurance.

The post EPL Insurance Is Now Available Through ProWriters Digital IQ Platform appeared first on ProWriters.

joined the company

Thornton commented, “We are excited to bring Zane and his wealth of Technology and Cyber Insurance experience in the wholesale brokerage space to our team.”

Goldthorp added, “I am thrilled to join ProWriters because they have been leading the way in digital wholesale services with their technology, improving the process for agents and brokers, underwriters, and their own brokerage team. I am looking forward to working with appointed brokers and to build on ProWriters’ reputation of providing unmatched service and expertise in Cyber, Professional, and Management Liability.”

Prior to joining ProWriters, Goldthorp played a pivotal role in building the cyber specialty brokerage, INSUREtrust. During that time Goldthorp built one of the cyber markets’ first small business solutions for multiple quotes and comparisons. Before his insurance career, Goldthorp was an avid competitive golfer and was a 3-time 1st Team All-American and 2002 NAIA Player of the Year at Berry College followed by 3 years competing professionally on the NGA Hooters Tour.

Thornton also commented, “Based on the market response to our Cyber IQ platform, we are working on adding more specialty E&O and D&O products in 2023, allowing our agents and brokers to continue quickly comparing complicated specialty products from top carriers, and Zane will play a large part in bringing these services to our brokerage partners.”

Insurance agents and brokers can contact ProWriters by calling 484-321-2335, emailing info@prowritersins.com or they can sign up for ProWriters Cyber IQ platform here.

About ProWriters: ProWriters was founded in 2012 as a company offering insurance products including Errors and Omissions (E&O) for all professional service firms, Directors and Officers (D&O), Employment Practices Liability (EPL), Crime, Technology, and Cyber insurance for all businesses. ProWriters’ mission is to simplify the process for agents and brokers with technology and product expertise. In 2018 ProWriters launched their Cyber IQ platform offering multiple Technology and Cyber insurance options with automated coverage comparisons. For more information, please visit www.prowritersins.com.

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Organization: ProWriters

Phone Number: 484-321-2335

Email: info@prowritersins.com

ProWriters Announces Official Launch of Technology E&O Addition to Its Cyber IQ Platform

April 14, 2021 – PAOLI, PA. ProWriters Insurance recently announced the addition of “Technology E&O” to its Cyber IQ Platform, now allowing agents and their clients to compare multiple Technology Errors & Omissions Insurance (Tech E&O) quotes from multiple carriers in just minutes.

The Cyber IQ Platform, which is known for providing multiple quotes and a coverage comparison from many different Cyber carriers instantly, now conveniently offers the same for Technology E&O. This allows brokers to choose the best policy option for their client from tech-specific carriers such as Corvus, Coalition, and Ascent (as examples) with more to come.

This saves brokers time and allows them to skip the repetitive process of quoting each carrier individually and manually comparing options. Their automated coverage comparison is known to help brokers quickly find the best option for their clients without all of the manual work.

“For any technology related company, it is critical to find a policy that covers both Technology E&O and Cyber exposures in one policy. We regularly see requests for stand-alone cyber coverage for technology companies, but what they really need is a combined Tech E&O and Cyber policy because the coverage and exposures are intricately intertwined for technology businesses,” says ProWriter’s President, Brian Thornton. “The addition of Tech E&O to our Cyber IQ platform comes at an important time as the cyber component of a Technology E&O policy has shown to be of critical importance. When a technology company experiences a cyber event, it can have a major impact downstream on all of their clients and their clients’ customers.”

Often, businesses tend to confuse cyber insurance with Tech E&O, realizing the hard way that cyber coverage alone does not provide a complete safeguard.

In a time when technology has become increasingly utilized throughout nearly every industry, the risks businesses face continue to escalate. Adding Tech E&O to our platform ensures that agents and their clients are protected. This includes—but is not limited to—contract software developers, software licensing, ASPs / Saas, IT consulting, website developers, and hosting companies.

Tech E&O responds to claims of errors in the performance of technology professional services as well as negligence, breach or contract, etc. and any alleged damages caused to a client or clients. This type of E&O is critical for technology companies as it covers defense and indemnity payments responding to these claims.

“Tech E&O claims are common and the ensuing damages are often extensive,” Thornton says. “The right coverage protects technology clients from a wide range of claims, from a breach of contract claim to a ransomware event or a data breach. Having the right policy in place is critical for any technology to operate and have protection when these events occur.”

Technology companies looking for cyber coverage, would be left exposed if they did not also have E&O coverage, and the same can be said of the opposite scenario where they have E&O coverage, but no cyber coverage.

In addition to allowing users of ProWriters Cyber IQ Platform to compare cyber insurance coverage, the Platform will also make recommendations for Tech E&O and cyber coverage when necessary. This new product addition has officially launched and is available now to appointed agents and their clients through ProWriter’s Cyber IQ Platform.

Click here to register on ProWriter’s Cyber IQ Comparative Rate Platform. Or, call us any time at (484) 321-2335.

About ProWriters: Since 2013 ProWriters has focussed on Professional Liability, Management Liability, and Cyber Insurance products. ProWriters launched Cyber IQ in 2018 and has continued to add more carriers and functionality to the platform, making it as easy as possible for agents to quickly quote and compare options from multiple top carriers. ProWriters is a tech-enabled wholesale specialist and surplus lines broker focused on combining technology, service, and product expertise to serve insurance brokers in all 50 states and Washington D.C.

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Cyber events are increasing in frequency and having a named team is the first step to quick remediation should an incident occur. The services available with the ProWriters and Pondurance partnership are meant to lower risk with Pondurance’s MDR services and reduce the size and impact of a cyber event with Pondurance’s IR services. This partnership brings value to the client in addition to their insurance and services that come with a policy.

“Having known the ProWriters team for years, I know their commitment to customers and continually bringing value to their brokers and their brokers’ customers. We are happy to be able to work with ProWriters to help them evolve their value-add and extend their customers capabilities to help the policyholders continually reduce cyber risk through an approach of continuously monitoring critical assets as well as having incident response capabilities in place in advance of an actual event,” Doug Howard, CEO of Pondurance.

“We are excited to announce our partnership with Pondurance and thrilled to be able to bring value to our brokers, their clients, and to the carriers that we work with. The experience that Doug and the Pondurance team brings to the table will enable us to provide services to risks that we place at no cost to our brokers’ insureds, while at the same time reducing their risk and improving their incident response capabilities. Additionally, our carriers will see risks with improved ability to detect and respond to cyber events,” Brian Thornton, CEO of ProWriters.

About Pondurance: Pondurance gives industries facing today’s most pressing and dynamic cyber security challenges access to cyber security experts that will continuously hunt, investigate, validate and contain threats so your own team can focus on what matters most. Their experts include seasoned security operations analysts, digital forensics and incident response professionals, as well as compliance and security strategists. They provide always-on services to customers seeking broader visibility, faster response and containment, and more unified risk management for organizations.

About ProWriters: ProWriters was founded in 2012 as a wholesaler offering Errors and Omissions (E&O), Directors and Officers (D&O), Employment Practices Liability (EPL), Crime, and Cyber Insurance for all businesses. In 2018 ProWriters launched Cyber IQ, a comparative rating platform for cyber insurance where brokers can instantly market their accounts and canvas the market to efficiently find the best terms for their clients while automating the coverage comparison process. ProWriters has focused on using technology to make the placement of SME business more efficient for retailers and carriers, bringing better terms to retailer’s clients, while at the same time marrying that technology with product expertise. For more information, please visit www.prowritersins.com

CONTACT:
Jenn Ellis, ProWriters
Jenn.Ellis@prowritersins.com
(484) 497-9724

The post ProWriters Partners with Pondurance to Bring World-Class Security Services to Policyholders appeared first on ProWriters.

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.”

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CLEVELAND, June 16, 2020 — RIA in a Box, a leading provider of compliance, operations, and registration solutions for the wealth management industry, today announced a partnership with ProWriters and AssetSure that offers registered investment adviser (RIA) firms centralized access to cybersecurity insurance from top providers in the industry. As a result, RIAs now have streamlined access to leading cybersecurity insurance plans to help protect their firms from financial losses in the event of a cybersecurity breach.

Directly through the MyRIACompliance platform, RIA in a Box clients will have easy access to the ProWriters platform, which populates cyber insurance quotes from multiple carriers based on each firm’s individualized needs. After inputting some basic information, RIAs will receive a customized risk assessment report which they can use when comparing insurance carriers’ prices and features. The integration will reduce the time and effort needed to identify and understand the relative benefits of available cybersecurity insurance providers and plans. Through this new feature, RIAs will be able to access industry-leading cyber insurance carriers, including Axis, At-Bay, CFC, Chubb, Coalition, Corvus, Hiscox, HCC, and Tokio Marine.

Once ProWriters identifies recommended insurance carriers based on a firm’s unique business needs, AssetSure guides RIAs through the process of selecting the carrier, answering any questions, and securing coverage. AssetSure also provides advisors with a client platform to access detailed plan information at the click of a button.

“We are excited to be partnering with RIA in a Box to bring their clients a robust cyber insurance solution that streamlines the process of finding the right plan for their business,” said Brian Thornton, President of ProWriters. “Through this partnership, ProWriters is able to provide RIAs with multiple carrier options and support from experts that can help them find the solution that best fits their needs.”

This announcement comes one year after the launch of RIA in a Box’s cybersecurity platform, which is integrated with MyRIACompliance. The MyRIACompliance cybersecurity platform empowers RIAs to efficiently construct, implement, and document a robust cybersecurity compliance program with a single solution. In addition to being able to access the cybersecurity insurance options through the platform, RIAs also have access to security awareness training for employees, email phishing tests, and a streamlined process for managing third-party technology vendors and physical devices. In conjunction with the data security benefits of implementing these processes, RIAs utilizing these trainings and best-practices may be eligible to receive lower rates from affiliated cyber insurance carriers.

“A recent survey we conducted found that 50% of RIA firms either didn’t have cybersecurity insurance or felt their coverage was inadequate. With cybersecurity threats becoming increasingly prevalent, it’s critical that every RIA firm has access to the right cyber insurance coverage,” said GJ King, president at RIA in a Box. “At RIA in a Box, we are committed to ensuring advisors across the country have the resources they need to protect their businesses. Through our partnerships with ProWriters and AssetSure, we continue to provide advisors with the peace of mind they need so they can focus on their clients.”

RIA in a Box will be hosting a webinar with ProWriters on June 18^th at 12 PM ET. The webinar will focus on how RIAs can select the best cyber insurance plan for their needs. For more information on the webinar, please visit here.

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ProWriters CEO Brian Thornton commented, “We are excited to be adding Corvus to our Cyber IQ platform. They bring a smart data driven approach to cyber underwriting with a robust coverage offering. This fits right in line with our goal of offering the best products and options to our agents and brokers.”

“We’re excited to join the ProWriters Cyber IQ platform and look forward to empowering more agents and brokers with the customized, data-driven tools we deliver with every Smart Cyber Insurance quote — in addition to offering broad, competitive coverage for cyber risks,” says Gerritt Graham, Chief Commercial Officer at Corvus.

In addition to Corvus, ProWriter’s Cyber IQ platform allows brokers and agents to instantly compare cyber quotes from Axis, Chubb, Hiscox, Tokio Marine HCC, CFC, At-Bay, and Coalition. ProWriters has continued to add new functionality to their Cyber IQ platform like direct bill, instantly providing cyber risk reports from the carriers on their platform, and the ability for an agent to estimate their client’s record count.

ProWriters provides an industry-leading, dynamic quote comparison document with each submission. This document summarizes all of the key coverages and compares quotes side-by side, allowing agents to provide their clients with the best coverage at the best price. Agents can use a white labeled version of Cyber IQ to allow clients to enter their information directly. Many agents also bulk quote their renewal lists with Cyber IQ. This allows them to efficiently offer Cyber to every client and protect their E&O with limited effort.

Thornton also commented, “Based on the market response to our platform, we are working to add more specialty E&O and D&O products in 2020, continuing to allow our agents and brokers to quickly compare complicated specialty products from top carriers.”

Insurance agents and brokers can contact ProWriters at 484-321-2335 or info@prowritersins.com or they can sign up for ProWriters Cyber IQ platform here.

About ProWriters: ProWriters was founded in 2012 as a company offering insurance products including Errors and Omissions (E&O) for all professional service firms, Directors and Officers (D&O), Employment Practices Liability (EPL), Crime, and Cyber for all businesses. Specializing in small and mid-sized businesses, ProWriters’ mission is to serve agents and brokers offering multiple options and simplifying the process combined with years of expertise. For more information, please visit prowritersins.com.

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3/4/2020 – Paoli, PA

ProWriters President, Brian Thornton, was named one of IBA’s Top Specialist Brokers for 2020.

Nominated by their agent partners and colleagues, individuals who receive this award possess unique insights and highly developed skill sets tailored to their particular specialty, which they use to help retail agents and their clients secure the best coverage possible.

By staying ahead of trending topics and changes in their areas of expertise, these brokers not only ensure agents and their clients are taken care of, but that each business is covered for future risks as well.

Take a look at the full IBA Magazine issue here.

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Considering the complexity of cyber risks and the coverage needs of each client, it’s clear that one size does not fit all when it comes to insurance.

In this third installment of the cyber risk series, Brian Thornton, President and CEO of ProWriters, joins IBA as he discusses cyber policy innovations available, and how brokers and agents can navigate the current market to negotiate the best possible coverage for their clients.

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