Case Study
“Having approached many brokers, we were glad to finally receive a solution from Ascend. They turned around the quote in great time and efficiency.”
Sector: Cyber Excess Layer Provided
Sub Sector: Consultant’s Cyber requirements achieved
The Problem:
The client previously purchased a £10 million insurance programme for Cyber but the existing insurer only invited a reduced limit £5m at renewal, when £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.
