The Baldwin Group launches API-connected underwriting platform Cyber Navigator

Insurance
06/06/2024 News

The Baldwin Group, an independent insurance distribution firm, has launched Cyber Navigator, its first in-house digital placement platform, in collaboration with digital commercial brokerage firm Limit.

Cyber Navigator streamlines the process of obtaining cyber insurance through advanced technology. Business insurance buyers can use a dynamic, collaborative digital application that connects instantly via API to underwriting platforms, allowing for quick quote options with bespoke coverage and state-of-the-art enhancements. The platform also provides a competitive cost analysis and comparison of terms and conditions.

"Companies can no longer afford to endure a drawn-out process to obtain coverage for their riskiest exposure," said Dan Galbraith, President of The Baldwin Group and CEO of Retail Brokerage Operations. "Cyber risk is a top concern for executives across all industries and company sizes. Cyber Navigator offers a fast solution to place best-in-class coverage with clear and concise options. It provides executives with reliable insurance solutions, supporting easier submission and quick quoting capabilities that other brokers can't match."

Cyber Navigator is powered by Limit and connects users with reputable cyber insurance company partners. At launch, the platform includes partnerships with six carriers: Beazley Insurance Company, CFC, Chubb, Corvus, Cowbell, and Tokio Marine HCC.

"Cyber Navigator allows us to provide cyber insurance in a revolutionary manner," said Emily Selck, Senior Director, National Cyber Practice Leader, Cyber Center of Excellence at The Baldwin Group. "Gone are the days when clients feel powerless in managing cyber risk. They now have easy access to comprehensive insurance solutions through an effortless application process and the security of excellent carrier partners. We are thrilled to collaborate with Limit and these carriers to enhance our critical solutions."

The Baldwin Group aims to set a new standard in the cyber insurance industry with Cyber Navigator, offering an efficient, user-friendly way to secure vital coverage for businesses facing cyber risks.

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