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I have an insured that is launching an online service providing a site for energy companies to post upcoming projects that require funding and investors are then able to review the project and connect to further discuss. The insured's part in this is simply the introduction and acts as a middle man, they don't handle any of the money and the funding contract is handled strictly between the contractor and investor. We're looking for a market that will write the GL/PL & Cyber at $1,000,000/$2,000,000 across the board. So far I've contacted several brokers such as Burns & Wilcox, Allrisks, Scottish American, UIG, Atlas General, and Stuckey MGA, all of which have no markets interested. Any suggestions would be greatly appreciated, we need a quote ASAP and I'm trying to avoid Prime like the plague for obvious reasons. Apps are ready, we have a copy of the business plan, and the terms of service ready to go.

Cyber Liability is a coverage that a growing number of businesses are demanding, but it's also one that still seems to be in the developmental stage. The trade press is loaded with reports about the cyber loss pandemic, cyber symposiums are taking place all over the world, business and insurance executives are commenting on the growing demand for cyber coverage. Yet I've seen very little in the way of specifics as to who the 'players' are in this arena, what the pricing is like, what terms and conditions are desirable or to be avoided. Among the carriers we represent who write cyber coverage, there's a lot of hand wringing about the eligible classes of business. The complexity of the application forms is another challenge - it took our IT vendor's computer tech nearly two hours to complete one carrier's app, with the comment that the average business owner would be unable to complete it correctly. If you've got a market that offers a comprehensive policy, with an application that can be completed by a layman, and pricing that isn't jaw dropping, I'm sure there are many readers who'd love to hear from you.