We offer a robust suite of coverage designed to address the cyber risks faced by your client's large organisations. First50's flexibility helps your clients manage incidents with confidence and clarity.
Our geographical s spans worldwide, but First50has a focus on North America, UK, Europe, Australasia and South Africa.
Primary renewals where additional limit is sought will be in scope.
We are a leading global specialty insurer and reinsurer, writing over $2.6 billion in GWP. Backed by Fairfax and the Lloyds chain of security, we offer brokers the confidence of a strong balance sheet
and a stable underwriting platform.
Our cyber capacity offers a streamlined solution for cyber coverage with a capacity up to $50 million. Designed for large institutional clients, this product simplifies the placement process for high-limit risks, giving your clients a transparent and efficient route to coverage.
Legislation and guidance can differ or even overlap, depending on where a business is operating. The rapid pace that technology advances also complicates things, so businesses have to stay constantly informed, while being agile enough to make changes quickly – all of which can be resource-intensive.
Read more on some of the privacy, and cyber security-related legislations here.
Read moreCyber is a constant and evolving threat to large corporates and, as the prevalence of cyber risks grows, so too does the potential detriment it can cause to businesses, requiring large global firms to increasingly seek higher coverage limits. It is essential that the Lloyd’s market is able to meet this need, in order to remain the destination of choice for insuring the biggest and most complex cyber risks. Brit Cyber First50 directly responds to this challenge, expediting and simplifying the process for brokers to secure clients’ primary cyber limits.
Cyber risk is evolving and staying informed can help you communicate and advise your clients effectively. Our Cyber hub brings together expert insights and information to help brokers navigate cyber insurance.