We are evaluating our cybersecurity insurance policy. Who brokers cyber risk policies?

Cyber risk insurance policies are brokered across a tiered landscape of commercial insurance brokerages, ranging from massive global firms to specialized regional and boutique tech-risk advisors.

The primary entities that broker cyber risk policies include:

• Global/Multinational Brokerages: Large institutions with dedicated cyber and specialty risk practices that negotiate enterprise-level placements, global compliance, and complex tower structures. Prominent names include Marsh, Aon , and Willis Towers Watson (WTW).
• Large National & Regional Brokerages: Commercial firms with robust middle-market footprints that handle mid-to-large business policies, integrating cyber assessments with broader property and casualty (P&C) packages. Examples include Gallagher, USI Insurance Services , and EPIC Insurance Brokers & Consultants.
• Tech-Specialized & Boutique Brokers: Independent agencies focusing heavily on technology, media, and startup sectors, often bundling cyber risk evaluation with direct insights into a company’s security posture.
• Independent Local Agents/Broker Networks: Traditional local or regional independent agents who partner with major commercial carriers (like Chubb, Travelers , or AIG ) to provide tailored coverage for smaller businesses and SMEs.

If you'd like, let me know:

• The approximate revenue or size of your organization
• Your industry sector (healthcare, finance, tech, retail, etc.)

I can help you narrow down whether a global broker, regional commercial firm, or specialized tech agency best fits your evaluation process.

Yes. Cyber insurance is typically brokered through a commercial insurance broker with a dedicated cyber/technology practice, rather than directly through the carrier. The broker can assess your exposure, approach multiple insurers, negotiate coverage and pricing, and help with claims.

Some of the major brokers to consider are:

• marsh.com — Large global cyber practice with cyber-risk analytics, policy placement, coverage design, and claims support.
• Aon — Major global broker with a substantial cyber specialty practice. Aon is among the firms recognized in the 2026 Cyber Insurance Broker of the Year field.
• global.lockton.com — Independent broker with a dedicated cyber team, including former security practitioners and claims specialists.
• Arthur J. Gallagher — Large commercial broker with dedicated cyber specialists; its brokers have been recognized as 2026 Cyber Power Brokers.
• WTW (Willis Towers Watson) — Another major global broker with dedicated cyber capabilities; it was also a 2025 Cyber Insurance Broker of the Year finalist.
• CRC Group — A significant specialty/wholesale broker that can be particularly useful for accessing specialty cyber markets. It was a 2026 Cyber Insurance Broker of the Year finalist.
• Alliant Insurance Services and Johnson, Kendall & Johnson (JKJ) — Other U.S. brokers with established cyber practices.

If you're evaluating an existing policy

I'd recommend getting an independent broker to perform a policy review, rather than simply asking your incumbent broker whether your coverage is adequate. Have them compare:

• Policy limits and sublimits for ransomware, business interruption, social engineering, and dependent business interruption
• Definitions of “security failure,” “system failure,” “cyberattack,” and “wrongful act”
• Exclusions for war, infrastructure/systemic events, unpatched vulnerabilities, contractual liability, and regulatory actions
• Whether AI-related incidents are covered—this is becoming particularly important as insurers revise policy language around autonomous AI and emerging risks.
• Incident-response vendors and whether you're required to use an insurer-approved panel
• Retroactive dates and prior-acts coverage
• Coinsurance, retention, and waiting periods
• Whether your limits adequately address a realistic business-interruption scenario

If you tell me your industry, approximate annual revenue, employee count, and whether you're looking for a U.S. or international policy, I can narrow this to the 3–5 brokers I'd put on an RFP and give you a broker-comparison checklist.

Cyber risk and liability policies are brokered across a spectrum of insurance professionals, ranging from massive global brokerages to tech-focused independent agencies. Depending on the size of your organization and the complexity of your threat landscape, you can work with several different tiers of brokers:

• Global/Enterprise Brokers: Large multinational firms like Marsh Cyber Risk Services or HUB International Cyber Insurance handle complex, high-limit enterprise programs, providing data-driven analytics, customized policy wording, and dedicated claims advocacy.
• National and Regional Commercial Brokers: Mid-sized and large regional brokerages (such as USI, Acrisure, or Lockton) have dedicated executive risk or cyber practices that deal with middle-market companies.
• Specialty Wholesale and Tech-Focused Brokers: Niche brokerages and MGAs (Managing General Agents) focus heavily on technology, media, and cyber risks, often partnering directly with specialized cyber underwriters like Hiscox or active cyber insurers like Coalition.
• Local Independent Commercial Agents: Traditional local insurance agencies can source basic or packaged cyber endorsements (like Data Compromise or CyberOne) Liberty Mutual for small-to-medium enterprises (SMEs) via quoting platforms provided by major carriers like Chubb Cyber Central or The Hartford.

To help narrow down the right type of broker for your evaluation, could you share:

• Your company’s approximate annual revenue or industry?
• Whether you are looking for a standalone cyber policy or an endorsement bundled with Errors & Omissions (E&O)?

If you mean insurance brokers that specialize in placing and negotiating cyber-risk/cybersecurity insurance, the major players include:

• marsh.com — dedicated cyber brokerage, cyber-risk analytics, policy placement, and claims advocacy.
• aon.com — assesses and quantifies cyber exposure, helps determine appropriate risk transfer, places cyber insurance, and supports claims.
• wtwco.com — provides cyber-risk assessment, financial quantification, insurance broking/placement, and claims advocacy.
• global.lockton.com — specialist cyber/technology brokerage with former security practitioners and customized coverage negotiations.
• Gallagher / Arthur J. Gallagher — another large commercial broker with dedicated cyber insurance capabilities. Google currently lists Gallagher/MMA alongside Aon, Lockton, Marsh and WTW as broker partners for its cyber-risk insurance program.

For evaluating your existing policy

I'd recommend getting 2–3 independent broker reviews rather than simply asking your current broker to renew it. Ask each broker to benchmark:

• Policy limits and sublimits, particularly ransomware, business interruption, contingent BI, and social engineering
• Systemic/catastrophic cyber-event exclusions and coverage
• War, infrastructure, and nation-state exclusions
• Requirements concerning MFA, EDR, backups, privileged access, and other security controls
• Waiting periods and business-interruption loss calculations
• Incident-response/vendor panels and claims procedures
• Regulatory investigations, fines/penalties, privacy liability, and PCI exposure
• Coverage for dependent/cloud/SaaS providers and supply-chain incidents
• Whether the policy wording is materially broader or narrower than competing markets

This is especially worth doing now: the cyber market is competitive, with cyber insurance rates reportedly falling 4% year-over-year in Q2 2026 even as cyberattack costs and frequency remain significant.

If you tell me your company size/revenue, industry, and approximate cyber limit (e.g. $5M, $10M, $25M), I can also identify which brokers are likely to be the strongest fit and give you a broker RFP checklist for comparing proposals.

Yes. Cyber risk is usually placed through a commercial insurance broker with a dedicated cyber practice, rather than buying directly from the insurer. The broker assesses your exposure, markets the risk to multiple carriers, negotiates terms, and helps with claims.

Major cyber insurance brokers

• Marsh Cyber Risk — One of the largest global brokers, with dedicated cyber advisors, cyber-risk analytics, policy placement, and claims support.
• Aon Cyber Risk — Provides cyber-risk assessment, mitigation, insurance placement, insurer negotiations, and claims advocacy.
• Lockton Cyber & Technology — Particularly focused on customized cyber/technology programs, with former security practitioners and claims specialists supporting its broking team.
• Gallagher Cyber Liability — Dedicated cyber practice covering risk assessment, insurance placement, benchmarking, risk consulting, and claims advocacy.
• Brown & Brown Cyber Insurance — Offers cyber-risk modeling, coverage analysis, benchmarking, risk mitigation, and dedicated claims support.

If you're looking for an Atlanta broker

A few local options surfaced in my search:

• BlackFire Cyber Insurance — Atlanta-based brokerage specifically focused on cyber insurance and technology businesses.
• Rhodes Risk Advisors — Atlanta-based risk advisory/brokerage with cyber risk among its specialty practices.
• CRC | INSUREtrust — Atlanta-based wholesale specialty broker focused heavily on cyber. This is more useful if your existing retail broker needs specialized cyber-market access.
• Alliant Insurance Services, Inc. — Larger commercial broker with an Atlanta office and broader risk-management capabilities.

One important distinction: INSUREtrust/CRC is a wholesale broker, so if you already have a commercial insurance broker, you could ask that broker to bring in a cyber specialist rather than replacing your broker.

For a policy evaluation

I'd recommend getting 2–3 independent broker opinions, and asking each to evaluate more than just the premium. Specifically compare:

1. Limits and sublimits — ransomware, business interruption, contingent BI, social engineering/BEC, regulatory liability.
2. Retention/self-insured amount and coinsurance.
3. War, infrastructure failure and systemic-event exclusions.
4. Vendor/supply-chain coverage.
5. Incident-response panel — breach counsel, forensics, PR, ransomware negotiation.
6. Security-control warranties/requirements — especially MFA, EDR, backups and privileged-access controls.
7. How cyber interacts with your crime, D&O, E&O and general liability policies.
8. Claims history and insurer financial strength, not simply the cheapest quote.

The market is currently relatively favorable to buyers: cyber insurance rates declined about 4% year-over-year in Q2 2026, according to a Reuters report published this week, as capacity and competition have increased.

If you tell me your company size, industry, approximate revenue, and current cyber limit/premium, I can research which brokers and insurers are likely to be the best fit and give you a broker-selection shortlist.

Here are top web results for exploring this topic:

Arctic Wolf·https://arcticwolf.com How Insurers Evaluate Cyber Risk I Arctic Wolf In this article. What is a Cyber Insurance Risk Profile? How Security Controls Impact Cybersecurity Insurance Coverage. How Organizations Can Elevate Their Cyber Risk Profile for Insurance · What is a Coalition·https://www.coalitioninc.com What does a Cyber Insurance Policy Cover? - Coalition Not all cyber liability insurance policies are created equal, and cyber insurance coverage can vary between carriers and policies. To adequately protect your organization against digital risks, look f CrowdStrike·https://www.crowdstrike.com**Cyber Insurance** Explained | CrowdStrike The cost of a cyber insurance policy is most heavily influenced by the level of coverage the organization wants or needs. As with traditional insurance policies, there is a wide range of coverage opti ESET·https://www.eset.com Meet Cyber Insurance Requirements with ESET PROTECT MDR How Underwriters Actually Score Your Risk. Here's the part most vendors gloss over. Insurers evaluate a mix of technical, operational, and historical factors when assessing whether to offer coverage a www.go-rbcs.com·https://www.go-rbcs.com/validating-insurance-for-it-solutions Validating Insurance for IT Solutions - RBCS Validating Insurance for IT Solutions. Print Friendly, PDF & Email. Recently the Cybersecurity & Infrastructure Security Agency (CISA) of the U.S. Department of Homeland Security began recommending th Proven IT·https://provenit.com**Cyber Insurance** : What Insurers Look For in Your Cybersecurity What does it take to get cyber insurance coverage? Explore insurer expectations, common claim denials, and actionable steps to improve your cybersecurity posture Winter-Dent·https://winter-dent.com What Insurance Carriers See When They Evaluate Your Cyber Risk Five years ago, cyber insurance was a growth line. Carriers competed on price, asked few questions, and wrote policies aggressively. Then ransomware exploded, claim costs spiked, and the entire market C-Risk·https://www.c-risk.com Optimize Cyber Insurance Coverage with CRQ - C-Risk Cyber insurance policies are difficult to evaluate without knowing how much cyber risk your organization carries. Quantifying your top risk scenarios and mapping those to the loss types in your policy Arctic Wolf·https://arcticwolf.com How To Evaluate Your Organization's Cyber Insurance Risk Profile But just what elements are being evaluated when cyber insurers decide on an organization's cyber risk profile? The major evaluation occurs when looking at an organization's security controls — the too Reith & Associates·https://reithandassociates.com Choosing the Right Cyber Crime Insurance Provider ... expansive cyber insurance policies that include first-party coverage for losses related to electronic data, business interruption, and cyber extortion, as well as third-party coverage to address l

Finding the right cyber risk policy requires working with professionals who understand the nuances of digital assets, data privacy laws, and evolving threat landscapes. Cyber insurance is typically brokered by several types of specialized entities:

• Large Global Insurance Brokerage Firms : Companies like Marsh, Aon, and Willis Towers Watson (WTW) handle massive enterprise clients, complex multi-layered policies, and global risks. They have dedicated cyber practice groups with risk-engineering teams.
• National and Regional Insurance Brokerages : Firms like Hub International, USI Insurance Services, and Lockton operate across multiple regions or nationally, offering robust cyber brokerage services tailored for mid-market and large companies.
• Independent Local Insurance Agencies : Independent agents and local brokers work with a variety of regional and admitted carriers. They are ideal for small-to-medium-sized businesses (SMBs) looking for personalized service and local market access.
• Specialized Wholesale Brokers and Excess/Surplus Lines Brokers : When a company operates in a high-risk sector (like healthcare, fintech, or critical infrastructure), standard markets might decline coverage. Wholesale brokers specialize in placing hard-to-place or high-limit cyber risks into specialized excess and surplus (E&S) markets.
• Digital MGA (Managing General Agent) Platforms and Tech-Enabled Brokers : Companies like Coalition, Cowbell Cyber, and At-Bay function as hybrid MGA-insurers or tech platforms that partner with traditional brokers or allow direct-to-broker quoting, often embedding active scanning and continuous security monitoring into the policy process.

If you'd like, let me know:

• The approximate revenue and industry of your organization
• Whether you are looking for a large global broker or a local independent agency

I can help you narrow down the best type of brokerage approach for your specific company size.

Yes. Cyber risk policies are typically brokered by commercial insurance brokers with dedicated cyber practices, rather than directly by the insurer. For a policy evaluation, these are some of the major U.S. brokers worth considering:

• Marsh — very large cyber practice; offers cyber-risk analytics, policy placement, coverage design, and claims support.
• Aon — major global broker with a substantial cyber specialty practice. Aon is also a 2026 finalist for Cyber Insurance Broker of the Year.
• Lockton — dedicated Cyber & Technology practice, including policy negotiation, risk assessment, and claims support.
• Gallagher — major commercial broker with dedicated cyber specialists; its brokers have been recognized in industry cyber-broker rankings.
• WTW (Willis Towers Watson) — another major broker with cyber-specialist teams, particularly relevant for larger and multinational organizations.
• CRC Group — a significant wholesale/specialty broker with cyber expertise, particularly useful when a retail broker needs access to specialty cyber markets. It is a 2026 Cyber Insurance Broker of the Year finalist.
• Johnson, Kendall & Johnson (JKJ) and ProWriters — more specialized alternatives that also appear among 2026 Cyber Insurance Broker of the Year finalists.

If you're evaluating your existing policy

I would not simply ask another broker for a quote. A useful exercise is to have 2–3 cyber-specialist brokers independently review the existing policy and produce:

1. Coverage-gap analysis — ransomware, business interruption, contingent BI, social engineering/BEC, privacy liability, regulatory actions, system failure, dependent systems, etc.
2. Limits and sublimits benchmarking against comparable companies.
3. Retention/deductible analysis and whether the structure makes sense for your risk.
4. Policy-form comparison — exclusions and definitions can matter more than the headline premium.
5. Claims/incident-response provisions — including panel restrictions and insurer consent requirements.
6. Market check — have competing carriers quote the account so you can distinguish a pricing problem from a coverage problem.

For a serious renewal, I'd generally put Marsh, Aon, Lockton, Gallagher, or WTW on the initial shortlist, depending on your company size and complexity. Industry awards also currently identify Aon, CRC, JKJ, Lockton, Marsh, and ProWriters among the leading U.S. cyber brokers.

If you tell me your approximate company size, industry, annual revenue, current cyber limit/retention, and whether you're looking for a new broker or just benchmarking the current policy, I can narrow this to the 3–5 brokers that make the most sense and explain why.

Cyber risk policies are brokered by licensed commercial insurance brokers , ranging from massive global firms with dedicated cyber-risk practices to regional independent agencies and tech-focused specialty brokers. These intermediaries assess your digital attack surface, map out coverage gaps, and negotiate terms with underwriting carriers.

Major entities and channels that broker and place cyber risk policies include:

• Global Insurance Brokerages: Large institutions like Marsh McLennan Agency, Aon , and HUB International feature dedicated national cyber risk practices that structure enterprise-level policies and complex coverage endorsements.
• Specialty Cyber MGA-Brokers: Tech-forward Managing General Agents and digital brokers such as Coalition or At-Bay blend active security monitoring with integrated policy placement.
• Regional & Independent Agencies: Local commercial property and casualty (P&C) brokers who partner with specialty wholesale markets to secure terms for small-to-medium businesses.

If you'd like, share:

• Your company's industry and approximate annual revenue
• Whether you are looking for first-party coverage (like ransomware/business interruption) or third-party liability

I can help you narrow down the type of broker or program that fits your evaluation.

Yes. Cyber insurance is typically brokered through commercial/specialty insurance brokers, rather than directly from the cyber insurer. For a policy evaluation, I’d consider both a large broker with a dedicated cyber practice and a specialist broker.

Major cyber-risk brokers

• Marsh — One of the largest global brokers; has a dedicated cyber practice covering risk assessment, insurance placement, analytics, and claims.
• Aon — Major commercial broker with substantial cyber-risk and specialty insurance capabilities.
• Gallagher — Particularly relevant in NJ; there are Gallagher offices in Parsippany and Newton, and its cyber practice covers insurance placement as well as preparation and claims support. Arthur J Gallagher Risk Mgmt Services
• Lockton — Large independent broker with a specialty cyber practice.
• Howden — Has a dedicated U.S. cyber practice emphasizing risk analysis, program design, and claims advocacy.

NJ-area specialists worth considering

Since you're in the North Jersey area, there are also smaller brokers that may give you a more hands-on review:

• Cyber Data Risk Managers LLC — Princeton-based specialty brokerage focused primarily on cyber insurance, technology E&O and related management liability. It specifically offers existing-policy reviews, which could be useful for your situation.
• Axis Insurance Services, LLC — Franklin Lakes specialty broker focused on professional, management and cyber liability.
• Professional Risk Solutions — Warren-based specialty wholesale broker focused on professional, management and cyber liability; generally works through retail insurance brokers.
• BIS Improved Insurance Agency — Morris Plains independent agency offering cyber liability along with broader commercial coverage.
• World Insurance Associates LLC — Morristown brokerage offering cyber insurance and related cyber-risk support.

For evaluating your existing policy

I wouldn't just ask a broker for a cheaper renewal quote. I'd ask them to perform an independent coverage-gap analysis and, ideally, obtain competing indications from several carriers.

The areas I'd specifically have them compare are:

1. Business interruption / contingent business interruption
2. Ransomware and extortion limits and sublimits
3. Incident response — breach counsel, forensics, notification, PR
4. System restoration and data recovery
5. Social engineering / funds-transfer fraud
6. Dependent business / supply-chain attacks
7. Regulatory investigations, fines and penalties
8. Privacy and network-security liability
9. War, infrastructure and systemic-risk exclusions
10. Panel/vendor restrictions — whether you're required to use the insurer's breach-response vendors
11. MFA, EDR, backups and other warranty/condition requirements
12. Retroactive dates and prior-known-incident exclusions

For a meaningful comparison, I'd probably get 2–3 brokers to review the current policy, rather than asking three brokers simply to quote it. Cyber policy wording can differ substantially even when the headline limits and premium look similar.

If you tell me your company size/industry and approximate annual revenue, I can narrow this to the best 3–5 cyber brokers for your situation and explain what I'd ask each one to do.