Trending...
- Registered Nurse Launches Healthcare Wealth Strategy Practice for Healthcare Professionals
- UK Financial Ltd Tokenized LTNS 1, A $1.1 T Asset-Backed ERC-3643 Security Token with 11 On-Chain Contracts Verifying, Compliant Real-World Value
- NRx Pharmaceuticals Could Be on the Verge of a Breakout Year as AI, FDA Catalysts, and Mental Health Demand Converge
CHARLOTTE, N.C., June 28, 2022 /PRNewswire/ -- Amwins, a global distributor of specialty insurance products and services, has announced a new partnership with FusionMGA providing retail brokers with exclusive access to cyber liability coverage for accounts without minimum cyber security controls in place, as well as complimentary access to proprietary cyber security tools and resources.
"FusionMGA is made up of well-respected cyber security specialists with a deep history in our industry," said David Lewison, executive vice president and national professional lines practice leader at Amwins. "This service-focused cyber product is offered exclusively through Amwins brokers utilizing our proprietary digital quoting portal. These tools and coverage will help retail brokers differentiate themselves from their competition and is ideal for small to middle market clients."
Business is written on an admitted basis with no multi-factor authentication (MFA) requirements, and the program offers insureds a host of cyber-risk assessment and analytic tools at no additional cost after binding. Other services include integrated endpoint security, attack surface assessment, internal threat detection, cyber awareness and training and a patented analytics engine that analyzes traffic identifying bad files, links, and other entry points of malicious activity.
More on ncarol.com
"Today's cybercriminals are smarter and faster than ever, and for companies who are not proactively managing their cyber risk, they may not be able to find sufficient coverage," said Mike Cavanaugh, chief insurance officer at FusionMGA. "Through this strategic partnership, insureds gain access to meaningful cyber liability coverage while we help them implement the necessary security controls to avoid a breach. Just as cyber threats evolve, our coverage, capacity and services will enhance to keep pace."
FusionMGA enables retail brokers to provide cyber risk mitigation beyond the risk transfer of a cyber policy, without having to become a cybersecurity expert themselves. By utilizing innovative process-driven technology, scalability is a built-in advantage for this exclusive program.
About Amwins
Amwins is the largest independent wholesale distributor of specialty insurance products in the U.S., dedicated to serving retail insurance agents by providing property and casualty products, specialty group benefit products, and administrative services. Based in Charlotte, N.C., the company operates through more than 155 offices globally and handles premium placements in excess of $26.4 billion annually.
More on ncarol.com
About FusionMGA
FusionMGA is a Cyber Insurtech MGA focused on the creation and distribution of Innovative Cyber Insurance products. Based out of Kansas City, the FusionMGA team has decades of experience in the Cyber Security and Cyber Insurance industries providing deeper insight into Cyber exposures. Working in collaboration with RiskAnalytics, FusionMGA leverages the RiskAnalytics patented cyber security platform to deliver a cutting-edge product that benefits the Insureds, Brokers, and Insurers. For more information, visit www.fusionmga.com.
For further information contact:
Amwins
Lisa Kuszmar
Telephone: 704.749.2780
Email: [email protected]
SOURCE Amwins
"FusionMGA is made up of well-respected cyber security specialists with a deep history in our industry," said David Lewison, executive vice president and national professional lines practice leader at Amwins. "This service-focused cyber product is offered exclusively through Amwins brokers utilizing our proprietary digital quoting portal. These tools and coverage will help retail brokers differentiate themselves from their competition and is ideal for small to middle market clients."
Business is written on an admitted basis with no multi-factor authentication (MFA) requirements, and the program offers insureds a host of cyber-risk assessment and analytic tools at no additional cost after binding. Other services include integrated endpoint security, attack surface assessment, internal threat detection, cyber awareness and training and a patented analytics engine that analyzes traffic identifying bad files, links, and other entry points of malicious activity.
More on ncarol.com
- Architect of Neurodiversity Will Lead the First U.S. Team of Autistic Children to the "Genius Cup" in Hiroshima, Japan, in 2027
- Deborah E. Jones Introduces Emotional Sovereignty, a Powerful New Book on Emotional Mastery, Resilience, and Intentional Living
- New Research Identifies "The Busy Effect": 89% of Americans Want a Laid-Back Vacation — Only 15% Actually Achieve It
- Alchemy 43 Appoints Shane Smith as CEO to Drive Operational Performance and Scalable Growth
- New from Regal House Publishing, Pinkie's Turnabout, a girl fights to adopt a cat to save her
"Today's cybercriminals are smarter and faster than ever, and for companies who are not proactively managing their cyber risk, they may not be able to find sufficient coverage," said Mike Cavanaugh, chief insurance officer at FusionMGA. "Through this strategic partnership, insureds gain access to meaningful cyber liability coverage while we help them implement the necessary security controls to avoid a breach. Just as cyber threats evolve, our coverage, capacity and services will enhance to keep pace."
FusionMGA enables retail brokers to provide cyber risk mitigation beyond the risk transfer of a cyber policy, without having to become a cybersecurity expert themselves. By utilizing innovative process-driven technology, scalability is a built-in advantage for this exclusive program.
About Amwins
Amwins is the largest independent wholesale distributor of specialty insurance products in the U.S., dedicated to serving retail insurance agents by providing property and casualty products, specialty group benefit products, and administrative services. Based in Charlotte, N.C., the company operates through more than 155 offices globally and handles premium placements in excess of $26.4 billion annually.
More on ncarol.com
- Best Spiritual Healing, Meditation & Retreats in Sedona — Rise Meditation Helps You Find and Book Transformational Experiences
- $16 Billion Market by 2034 in Underwater Drones Presents Huge Opportunity for AI-Powered Autonomous Vehicle Serving Defense & Commercial Customers
- Appliance EMT Named Among Jacksonville's Top 3 Appliance Repair Companies by ThreeBestRated®
- 3rd Annual Meditative Melodies Event Brings Global Arts and Guided Wellness to Charlotte on April 18
- Geekstorians Nominated For Best History Podcast In The 30th Annual Webby Awards
About FusionMGA
FusionMGA is a Cyber Insurtech MGA focused on the creation and distribution of Innovative Cyber Insurance products. Based out of Kansas City, the FusionMGA team has decades of experience in the Cyber Security and Cyber Insurance industries providing deeper insight into Cyber exposures. Working in collaboration with RiskAnalytics, FusionMGA leverages the RiskAnalytics patented cyber security platform to deliver a cutting-edge product that benefits the Insureds, Brokers, and Insurers. For more information, visit www.fusionmga.com.
For further information contact:
Amwins
Lisa Kuszmar
Telephone: 704.749.2780
Email: [email protected]
SOURCE Amwins
Filed Under: Business
0 Comments
Latest on ncarol.com
- HousingWire launches Mortgage Rankings, bringing a data-driven benchmark to originator performance
- J&J Exterminating Reminds Residents to prepare for Termite Swarm Season
- Registered Nurse Launches Healthcare Wealth Strategy Practice for Healthcare Professionals
- Charlotte-based PR Founder + Expert Launches New Website Highlighting Brand Astrology™ Methodology
- Just 1 in 57 Crypto Owners Globally Pay Taxes on Their Holdings, New Report Finds
- IQSTEL accelerates toward profitability inflection with $317M revenue and AI-driven expansion; IQSTEL Inc. (N A S D A Q: IQST) i
- AI-Driven Breakthrough Unleashed: Bionic Intelligence Platform Goes Live to Capture Massive Biotech Opportunity: KALA BIO, Inc. (N A S D A Q: KALA)
- Surging Into Hyper-Growth Mode With Record Revenue, Raised 2026 Guidance, and Game-Changing AI Platform; Off The Hook YS (NYSE American: OTH)
- Mom Creators Coalition Launches with WaterWipes® as Official Founding Sponsor
- PandaGuarantee Launches Rent Guarantor Service in New York City
- The $112M Marketing Lesson Joe Whyte Learned: Why 'More Traffic' Is the Biggest Lie in Digital Marketing
- Daniel Kaufman Expands Kaufman & Company Real Estate Platform With New Acquisitions, AI-Driven Industrial Development and Nationwide Growth Initiative
- Sherwood Manufactured Home Community Launches Historic Spring Savings Event
- purelyIV Launches Lab Testing Services in Metro Detroit
- On the 296th Anniversary of the Ceremony That Made His Ancestor Emperor, a Cherokee Descendant Publishes the Novel That Restores Him
- NRx Pharmaceuticals Could Be on the Verge of a Breakout Year as AI, FDA Catalysts, and Mental Health Demand Converge
- Nufabrx Added to TrillaMed Pharmacy and DAPA Contracts
- DC Accounting Firm Offers Free Business CRM to Small Business Clients Alongside Weekly Bookkeeping Model
- CCHR: Psychiatric Drugs Fuel Rising Death Toll: National Adverse Drug Event Awareness Day Confronts America's Medication Crisis
- Explosive $10 Billion Counter-Drone Market with AI-Powered Defense Ecosystem: ZenaTech, Inc. (N A S D A Q: ZENA)