Tailored Cyber Insurance for a Large International Tech Company: Supporting Client Growth

Client Overview

One of our clients is a fast-growing international technology company, who are specialists in website loyalty programs. They have been expanding their operations at a significant pace. As their customer base grew – both in contract size and international reach—ensuring comprehensive and scalable insurance coverage became a top priority to mitigate the risks associated with running a tech company.

The Tech Challenge

During a recent Mid-Term Review call, our team identified the need to reassess our clients indemnity limits and overall scope of coverage. Their increasing global footprint and larger client contracts required a more robust insurance strategy to mitigate evolving cyber risks. Additionally, understanding the specific types of cyber threats that concerned the client was crucial in designing a solution that aligned with their business trajectory.

The Tech Solution

To address these needs, we collaborated with the Technology Development Manager at CFC Underwriting, leveraging their expertise in technology sector risks. This partnership enabled us to tailor an insurance solution that not only met our clients current requirements but also provided the flexibility to support their continued expansion. The revised coverage included higher indemnity limits and a broader scope, ensuring protection against the complexities of a growing international business.

The Results & Impact

The bespoke policy delivered peace of mind for our client, allowing them to focus on scaling their business with confidence. Our proactive approach in driving a deeper understanding of their customer base and contractual obligations ensured that their insurance coverage evolved in tandem with their growth aspirations.

The Importance of Mid Term Reviews

Regular Mid-Term Reviews play a crucial role in ensuring that insurance solutions remain aligned with a company’s evolving needs. By proactively assessing coverage and identifying areas for improvement, businesses can mitigate emerging risks effectively. This case highlights our commitment to understanding client-specific needs and delivering tailored insurance solutions. By fostering strong industry partnerships and maintaining a client-first approach, we ensure businesses like this tech company can navigate risk with confidence as they scale.