Jensten Technology, Media & Cyber – November Updates

One month into Q3 and it has been nonstop here at the Jensten Technology, Media and Cyber (TMC) team and with two months to go in the calendar year we’re looking to end on a high after smashing our targets month on month throughout 2024!

In this update we are going to look at some general updates within the team and Jensten as a whole, illustrate how we have provided our clients with value over October and how we can assist you going into November, December and the New Year!

General Updates

Q4 has historically been a very busy one here within the TMC team at Jensten and October has been no different with submissions coming in at a record rate, changes to the team, preparations to expand our educational content and internal training to keep the team sharp and up to date with all the latest in the Cyber and Technology Insurance Market all whilst maintaining our high level of service we pride ourselves on!

In October we welcomed a new member of the team, Jerome, as an Account Executive specialising in all things TMC helping us to expand our knowledge base, develop new markets and add even more firepower to our ever-growing team.

As a team we’ve also been sharpening our metaphorical axes in undertaking the Cyber Resilience 101 course held by Resilience helping us to understand risk management on a more in-depth level and stay on top of new threats and emerging technologies.

We have also been busy on the market side of things opening new agencies with global insurers and MGAs allowing us to add to our existing international capabilities.

As a team, we have also developed new mediums in delivering content via a weekly newsletter on LinkedIn as well other content providing the foundational knowledge on Cyber and Technology risks and looking to expand this to other mediums shortly!

All of this has been done whilst we continue to provide high level service, quick turnaround times and competitive terms adding value to our loyal partners and providing alternative access to Lloyds and European markets to new partners!

How Did We Provide Value in October?

·???????? ￡5m Technology PI Combined & ￡1m Product Recall for In Vehicle Breathalyser Firm

·???????? ￡5m Cyber Policy Including Cyber Crime for a Solicitor Firm

·???????? ￡5m Public and Products Liability for a Urological Prosthetic Manufacturer

·???????? ￡5m FinTech Policy for a Buy Now Pay Later Platform

·???????? ￡15m Excess Layer technology PI for a Oracle IT Consultant

·???????? ￡5m Cyber Policy for a Manufacturing Firm

·???????? ￡5m Technology PI Package for an EU Software Developer for the Insurance Industry

·???????? ￡2m FinTech Policy for Credit Intermediary Platform

·???????? ￡5m Excess Standalone Cyber for a Managed Service Provider

How Can We Help In November?

·???????? Meet & Greets, Office Visits & Lloyd’s Tours

·???????? Expert Advice and Placement

·???????? Assistance With Client Calls On Complex Risks

·???????? Specialist & Niche Products

·???????? Ability to Write Global Programs

·???????? EU Passporting of Risks

·???????? Cross Selling Of Your Professional Indemnity or D&O Book

·???????? Scaled Commission (More You Place, More You Earn)

·???????? Access to A-Rated Global Insurers

·???????? Access to Exclusive Events for Networking

·???????? Bespoke and Exclusive Educational Content for our Network

What Risks Do We Look At?

·??????? Technology Professional Indemnity

·???????? Media Professional Indemnity

·???????? 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)

·???????? FinTech Insurance

·???????? Life Sciences Insurance

·???????? eHealth Insurance

·???????? Cyber Insurance (For All Industry Sectors)

With two months remaining of the calendar year, we want to assist with our partner brokers in their aim to smash it before getting into the new year! So if you are looking for specialist advice and placement for your Cyber & Technology risks in the Lloyds and London market get in touch with the team today!

And as always, don’t forget to Insure with Grimshaw!

George Grimshaw

Senior Account Executive (Cyber & Technology)

Jensten Insurance Brokers

07900 598771

[email protected]

[email protected]