Insurer Brit Ltd. Launches E-trading Cyber Portal

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Brit Ltd., the London-based insurer, announced it has launched an online platform for cyber risks in both the U.K. and the U.S., targeting small and medium sized enterprises (SMEs) in both regions.

The portal will give brokers an agile, user-friendly outlet for Brit’s leading cyber underwriting capabilities, allowing them to quote and bind in minutes, entirely online, with a maximum of four question responses, said a statement from Brit, which is a subsidiary of Fairfax Financial Holdings.

The portal is underpinned by Brit Cyber’s preventative risk management and breach response service with clients having access to extensive training modules, security trend updates and downloadable content aimed at helping businesses and their employees protect against an event.

Brit said the launch of its e-trading portal is the next phase of the build-out for Brit Cyber Services, Brit’s global cyber offering.

Brit is currently one of the largest writers of cyber at Lloyd’s and has significant ambitions to build on this track record to grow its global cyber presence, the company continued in a statement. Brit’s cyber suite of products and services now range from coverage…

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