Jensten Technology, Media & Cyber - August Updates

Changing things up a little this week from providing educational content and to provide you with some general updates from the Technology, Media & Cyber team and to provide some insight as to our appetite!

General Updates

July was a busy month for us here in the Technology, Media and Cyber team at Jensten and we have been able to provide our valued insurance partners with a customer centric, specialist approach to placement in the London and Lloyds market.

We will go into specifics later in the article but we have been able to provide solutions for a large variety of risks across the mid-market and corporate space across our multiple different areas of expertise such as Technology, Media, FinTech, InsurTech, Life Sciences and Cyber and have provided a wide range of covers from Professional Indemnity, D&O, Liabilities and more for these clients.

At the TMC team, we are here to look at the complex, distressed and claims heavy and to provide you with the access you need to A-Rated, Global insurers.

Also, we are looking to provide a holistic approach to providing value, not only through placement but also providing our brokers with educational pieces and updates through our marketing efforts on LinkedIn and directly to your mailbox. We look to not only provide general educational content but also look to provide specific industry focused content and how our products can provide clients with the ultimate financial protection when transacting in these uncertain times. If there is any subject you would like us to discuss, drop me a message and let me know!

We have also started a new programme of meet and greets with our partner brokers that are looking to visit the city and meet the team in person with complimentary tours of Lloyd’s to get a feel of how it is to work in the insurance hub that is the city. Get in touch if you would like to arrange a tour and meet the team!

How Did We Provide Value in July?

After a successful month in July, I feel it is only right to reflect on some of the wins we have had as a team and how we have been able to provide our insurance partners with value when looking to place risks within the London and Lloyds market.

Some of the risks we have been able to place include:

• ￡1m Cyber Policy with Crime for a Solicitor Firm (Immigration)
• ￡5m Products and Services Liability Cover for a Pharmaceutical Wholesale Company
• ￡3m Cyber Liability for Utilities Aggregator Website
• ￡5m PI ￡2.5m Cyber and ￡10m Public & Products for a Medtech Company
• ￡5m D&O for a Software Developer for Financial Institutions
• ￡5m Cyber Insurance for an Accountancy Firm
• ￡5m Technology Package for a Dating Application
• ￡5m Cyber Insurance for an Alternator Manufacturer
• ￡25m Cyber for a Global Insurance Agent
• ￡3m eHealth Policy for a Human Body Simulation Company
• ￡2m Media Policy for a Design Consultant
• ￡1m IP Policy for an Investment Strategy Management Software Company
• ￡5m Cyber Insurance for a Management Consultant
• ￡5m D&O and ￡5m Public and Products for a Drug Discovery Company
• ￡15m PI and ￡15m Cyber for Multinational SaaS Provider
• ￡8m PI, ￡8m Cyber and ￡10m PL for a Medical Diagnostic Imaging Software
• ￡5m eHealth Policy for a Online Therapist

?As you can see there is a wide range of policy types and industry sectors where we have been able to provide our partner brokers with specialist advice and placement.

Not only have we been able to provide value in respect of placement, but we have also provided our insurer partners with tours of Lloyds and the City along with 4 new educational articles and we are in the development of creating a webinar for some of our key broker partners in the space (Details will be released soon! Let me know if you would like to attend)

How Can We Provide Value In August?

Whilst July was a successful month for the TMC team and Jensten as a whole, we want to take things to the next level and provide our key partners with the value they expect and more from their London and Lloyds market brokers. Below are just some of the areas we can offer value in August.

• London and Lloyd’s Market Access!
• Niche Products & Schemes
• Placement of Complex & Distressed Risks
• A Rated, World Leading Insurers!
• Bespoke Wordings & Coverage!
• Obtain Limits Above ￡100m!
• We Can Jump On Client Calls!
• Cross Selling / Quotations For Your PI Book!
• Bespoke Content to Use for Your Website or Mail Outs
• Educational Content & Webinars!

We are not stopping there, we are also working on other game changers to really take our value proposition to the next level so watch this space over the next couple of months

What Product Lines Can We Assist With?

Some of the products lines we can assist with include the following:

• Technology Professional Indemnity
• Media Professional Indemnity
• FinTech Insurance
• Life Sciences Insurance
• eHealth Insurance
• Cyber Insurance (For All Industry Sectors)
• Public & Products Liability (For Tech, FinTech, Life Sciences & Media Companies)
• Directors & Officers (For Tech, FinTech, Life Sciences & Media Companies)
• Property Insurance (For Tech, FinTech, Life Sciences & Media Companies)
• Group Travel & Personal Accident (For Tech, FinTech, Life Sciences & Media Companies)

As we move into some of the busier months later in the year, we are keen to provide you with the same service and specialist advice that makes us stand out in the market so get in touch today and see we can help provide the solutions you need in the Technology, Media and Cyber markets!

Don’t forget to Insure with Grimshaw!

George Grimshaw

Senior Account Executive (Cyber & Technology)

Jensten Insurance Brokers

07900 598771

[email protected]

[email protected]

?