(Credit: Shutterstock)RIA in a Box partnered with ProWriters and AssetSure to offer RIA firms centralized access to cybersecurity insurance to help protect advisors from financial losses in case of breaches.
Via the MyRIACompliance platform, RIA in a Box clients can access the ProWriters platform, which provides cyber insurance quotes from multiple carriers based on each RIA firm’s individualized needs, RIA in a Box said Tuesday.
Featured insurance carriers include Axis, At-Bay, CFC, Chubb, Coalition, Corvus, Hiscox, HCC and Tokio Marine, RIA in a Box said.
After entering basic information, RIAs will receive a customized risk assessment report they can use when comparing insurance carriers’ prices and features. The integration will decrease the time and effort needed to identify and understand the relative benefits of available cybersecurity insurance providers and plans, according to RIA in a Box.
ProWriters identifies recommended insurance carriers based on a firm’s unique business needs and AssetSure then guides RIAs through the process of selecting a carrier, answering advisors’…
