ProWriters

What they are known for

Reach, from one application. ProWriters is a wholesale broker, which means it does not issue the policy itself. It holds relationships, and in some cases underwriting authority, with a panel of cyber and professional liability carriers, so one submission gets in front of several markets rather than one.

For a small business buying cyber, that is the difference between a quote and a comparison. It is also why the application asks what it asks. Those answers are being read by more than one underwriter.

CyberTechnology E&OProfessional liabilityManagement liabilityWholesale

Who actually issues the policy

Not ProWriters. They place the business and the policy is issued by an underlying carrier, which varies by risk, by state, and by which market takes it. Your declarations page will name that carrier, not ProWriters. When you want to know who is actually behind the coverage, that is the page to read.

Whether the paper is admitted or surplus lines also depends on the market that writes it. Surplus lines placements are generally not protected by a state guaranty fund, which is a reason to look at the issuing carrier's financial strength rating and not only the price. We cover that distinction in admitted versus non-admitted cyber insurance.

Vantage Point Risk stays your agent throughout. Service, changes and questions come to us.

Start an application online

We run a Vantage Point Risk branded version of their application, so you can answer the questions yourself and see what the markets come back with. It takes a few minutes and nothing binds automatically.

Start a cyber quote

What moves the price most is not your revenue. It is whether you have multi-factor authentication turned on, backups you have actually tested, and staff who have been trained on phishing. Those three answers do more to the number than anything else on the form. The controls that qualify you goes through them.

When we may use them

We may go to ProWriters for cyber on a small or mid-sized business, for technology errors and omissions, for miscellaneous professional liability, and for management liability including directors and officers and employment practices.

They are not the only route. Several of our direct carriers write cyber as part of a package, and for some businesses that is the better answer. Where a standalone policy earns the extra premium and where it does not is covered in endorsement versus standalone. We also reach cyber through At-Bay, Coalition and Cowbell, so a ProWriters submission is one comparison among several, not the whole market.

Good to know before you choose

Cyber is not a standardized product. There is no single industry form that every carrier uses, so two policies at the same limit can respond very differently. The places they diverge most: the sub-limit on funds transfer fraud, whether social engineering is covered at the full limit or a fraction of it, the waiting period before business interruption starts paying, and whether you pick your own incident response firm or use the carrier's panel.

The application matters more here than on most lines. Cyber underwriting leans heavily on what you attest to about your own controls, and an answer that does not match reality is a common reason a claim gets disputed. If you are not certain about a question, tell us instead of guessing. We walk through what the questions are really asking in cyber insurance applications, reviewed.

Explore related coverage

Service and claims

Report a cyber claim as fast as you can. On cyber the first few hours matter more than on any other line, because the carrier's incident response team is part of what you bought. If your policy documents carry a breach or incident hotline, call it immediately, then tell us. Otherwise contact us and we will get you to the right notification path for the carrier that issued your policy, or use the claims page. For policy questions, use the Service Center or the Carrier Directory.

Visit the official ProWriters website →