Case study – Cyber Excess Layer Provided

Case Study

Cyber Excess Layer Provided

Consultants Cyber requirements achieved

“Having approached many brokers, we were glad to finally receive a solution from Ascend. They turned around the quote with great time and efficiency”

Sector: Cyber Excess Layer Provided

Sub Sector: Consultants Cyber requirements achieved

The Problem:

The client previously purchased a £10millions for insurance Cyber but the existing insurer only invited a reduced limit £5m at renewal. £10m was a contractual requirement for this business.

The Solution:

We approached a specialist insurer, CFC, who provided an excess layer quote for £5m over Hiscox’s £5m. We then transferred in the primary Hiscox policy and facilitated a £10m limit placement.

Consultant: Max Collins