Brit Insurance Launches Cyber Solutions on Acturis for SMEs

Severity: Low (Score: 21.9)

Sources: Britinsurance, Intelligentinsurer, Insuranceage, Reinsurancene.Ws

Summary

Brit Group Holdings Limited has launched its cyber insurance offerings on the Acturis platform, which is utilized by over 30,000 brokers. This move aims to enhance distribution to UK SMEs, a key focus of Brit's cyber growth strategy. The C360 product, designed for SMEs, provides broad coverage for multiple events with full policy limits on an any one claim basis for unlimited occurrences during the policy period. Brit's management emphasizes their commitment to simplifying access for brokers and clients, ensuring efficient placement of coverage. The launch reflects the growing demand for protection against cyber risks among smaller businesses. Key Points: • Brit has launched its cyber insurance offerings on the Acturis platform. • The C360 product offers SMEs broad coverage with unlimited claims during the policy period. • Brit aims to enhance distribution to UK SMEs, a critical part of its growth strategy.

Key Entities

• insuranceage.co.uk (domain)
• newtonmedia.co.uk (domain)
• Acturis (platform)