Talbot is a small and medium enterprise (SME) cyber insurance specialist, providing one of the highest-quality solutions on the market to coverholders and foreign insurers via quota share reinsurance agreements. We are considered an international leader in the Lloyd's of London cyber underwriting market.
We lead SME facilities (up to $50m annual revenue) globally on a 100% basis through the provision of our white label, 'plug-in and play' product that provides underwriting tools that our partners around the world need in order to sensibly underwrite, market to their brokers and sell to SME customers. The Talbot SME 'toolkit' includes a global incident response service and cyber security with online backup with an international specialist, allowing the SME, if they do not before binding, to meet our minimum network requirements. We continuously strive to help educate our partners on cyber insurance to build profitable portfolios together and provide high service levels.
We also have a broad appetite for writing open market ($50m+ annual revenue) cyber and technology placements on Lloyd's paper and are able to deploy up to $10m (in aggregate) per risk.