Phishing emails, digital scams and a long list of other breaches are on the rise and all clients should be properly insured for cyber risk. Cyber risk applies to all businesses, large or small. Failure to provide adequate coverage to customers remains the single fastest growing E&O claim scenario faced by insurance agents today. As a licensed agent it is your responsibility to offer a full cyber risk policy on every renewal; clients expect this coverage and knowledge from their agents and brokers.
Reduce your exposure and sell more. Relay makes cyber as easy as 1-2-3.
At Relay we believe strongly in remaining a neutral insurtech provider that empowers your current distribution and trading relationships. With a staff of former brokers we know how vital this mindset can be; we avoid channel conflict and ensure that there is no confusion that YOU are the broker of record. YOU own the carrier relationship and YOU own the renewal and claim servicing.
Relay Platform is a competitive differentiator not a “comparative rater” – education is key in equipping agents with the right tools to educate their customers. We believe we bring value in assisting your brokers and clients in making informed decisions as well as enabling creative ways for your firm to significantly stand out from the rest of the pack.
Examples include the Relay Risk Academy (powered by NetDiligence) featuring educational modules to assist with customer conversations, alignment with industry leading analytics providers to create dynamic proposals, and taking the extra step on lines of business to reflect the entire risk management product inclusive of value-add services.
Our Cyber and Executive Risk team brings decades of industry experience covering the public/private/non-profit sectors; both the underwriting and brokerage side of the business; all industry segments and all complexities of risk. Our passion lies in our full understanding and appreciation of the broker life cycle and the critical skills needed to facilitate deals in a hard market as well as have critical conversations with insureds.
Bottom line is we intimately know the struggle and work every day to bring you digital innovation.
- Technology E&O
- Directors and Officers
- Employment Practices
- Kidnap & Ransom
- Professional Liability
Our partnership with Relay is an opportunity to not only provide more brokers with instant, bindable quotes, but to also empower brokers with actionable insights and cyber security expertise that can be shared with their clients.