The Swett & Crawford Group Inc.

07/17/2024 | News release | Distributed by Public on 07/17/2024 13:32

CRC and INSUREtrust Launch Exclusive Cyber.IE Excess Facility

CRC Group, a leading wholesale specialty insurance distributor in North America, announces the launch of Cyber.IE a new exclusive excess product, available through the company's newly formed CRC / INSUREtrust Cyber Practice Group.

Cyber.IE offers the largest wholesale exclusive cyber capacity available in the domestic marketplace, providing unparalleled protection and flexibility for businesses in need of excess cyber solutions.

Cyber.IE leverages a quota share approach, allowing for rapid capacity deployment. It features overhanging limits with drop-down availability, ensuring robust coverage options tailored to the unique needs of each client. Cyber.IE is comprised of seven carriers providing unique capacity to this quota share arrangement.

Christiaan Durdaller, CRC / INSUREtrust cyber practice group leader, highlighted the significant advantages of Cyber.IE. "Cyber.IE exemplifies our commitment to efficiency, exclusivity, and protected capacity. By offering the largest wholesale exclusive cyber facility, we empower our retail agency partners with a solution that is not only swift and adaptable, but also secure and comprehensive. This product is a testament to our dedication to innovation and excellence in the cyber insurance space."

The CRC / INSUREtrust Cyber Practice Group continues to lead the industry with innovative solutions designed to address the evolving challenges of cyber risk. The team recently won Cyber Wholesale Broking Team of the Year from the Zywave 2024 Cyber Risk Awards. Cyber.IE is the latest addition to their industry-leading portfolio of brokerage, products, risk management, and education.

For more information about Cyber.IE, please reach out to your CRC Group or INSUREtrust contact today.