Cyber

The Talbot Cyber team underwrites comprehensive, service-based solutions to data breaches that focus first and foremost on response. In a rapidly changing cyber environment, our products are designed to enhance your organisation’s cyber risk profile. Through these products, we provide clients with the risk management solutions best suited to minimise their risk, as well as an in house claims team.

There is an increased reliance upon IT networks and data for companies and the ability to access and protect that data is critical to the operations and reputation of an organisation. This, coupled with increasing regulation around data policies means cyber policies are increasingly more relevant to organisations.

Why Talbot

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.

Why Talbot	How Talbot adds value	What this means for customers
Customer first philosophy with a claims focus	Service levels are paramount to Talbot’s business model. Dedicated claims team, experienced in dealing with complex and high-profile cases.	High quality service with quick turnaround times and regular updates on progress. Claims are managed by highly experienced professionals, efficiently and with a high degree of care and sensitivity.
Expertise	Extensive experience in 'white label' products and cyber underwriting.	Certainty of commitment and underwriting process.
Thought leaders	Providing regular education and insight to customers and SME brokers, helping them stay on top of their game, and up to date with the latest developments in this fast moving world.	Access to comprehensive incident response toolkit.
Innovation	Nimble in adapting to the ever fluid cyber landscape. Perpetually developing new products and searching for new solutions.	In 'safe hands' - able to take advantage of high-quality solutions quickly responding to the developing global cyber environment.
Ground breaking for SMEs	Talbot provides complete solutions, where these don't currently exist, for the majority of cedants and coverholders.	Provides a wide range of customers with easy access to an established and responsive product.