The Lloyd’s broker announces the successful placement of the first risk policies onto its new cyber portal
Delegated authority specialist and Lloyd’s broker, Endeavour Insurance Services today confirms the successful placement of the first policies on its CyberEIS technology and cyber portal.
The risks were placed by a US-based wholesale broker and helped SME clients achieve comprehensive and broad cyber coverage.
Tony Loizides, divisional director at Endeavour said: “This proof of concept for the Endeavour Cyber Facility portal technology is a terrific milestone for us. Demand for cyber protection has increased enormously and we are seeing a strong increase in enquiries from businesses seeking to offer comprehensive coverage to their local markets.”
MGAs and Lloyd’s cover holders can access Endeavour’s proprietary CyberEIS offering, which is available via its web portal.
Those wishing to grow their presence in this sector can also create and operate their own branded Cyber facility via CyberEIS to better service this risk and keep pace with a growing market.