Patrick Costello | Source | Principal at Evolve MGA

We work directly with retail insurance brokers every day and I’m confident we can provide more value for those brokers than they’re currently getting from the market. Many brokers experience pain points around the cyber insurance application process. A lot of large carriers have very detailed, intense, IT-related questions on their applications. It’s not uncommon for these applications to go from five to 10 pages and this deters business owners right off the bat from completing the application, let alone purchasing the cyber policy.