FinTech Partner
50% Premium Reduction, $100,000+ in Savings
$200M Global Private Equity Company | 5+ Years
The Challenge
A fast-growing FinTech business faced a sudden 200 percent spike in cyber insurance premiums. Leaders struggled with the choice of paying more, cutting coverage, raising retention, or pouring resources into security controls. With limited competitive bids, they risked overpaying or leaving gaps in protection.
Our Approach
We discovered that their broker did not truly represent them in the market, had misclassified their industry and never arranged in-person underwriting meetings. We brought in a broker with broader carrier relationships, corrected their industry classification, and organized on-site sessions between multiple underwriters and the company’s technical team.
Through those conversations, carriers gained a clear view of the business operations as well as the robust security controls and risk processes.
The Results
In year one, premiums dropped by over 50 percent. Over the next five years we’ve maintained or improved rates, resulting in cumulative savings exceeding $100,000. Those savings allowed the client to expand coverage and keep their preferred retention levels.
Our partnership endures, and we continue to deliver measurable value.
Ready to See How We Can Help You Become A Success Story?
Schedule a complimentary 30-minute Discovery Session to discuss how we can deliver measurable results for your organization.