Y-Risk Approved as Lloyd’s Coverholder for Cyber, Technology E&O Product

Y-Risk, LLC, a specialty underwriting management company, has been approved as a Lloyd’s coverholder with authority for cyber and technology E&O insurance on behalf of certain Lloyd’s syndicates.

Y-Risk is now offering its new Y-ProTech insurance policy which provides coverage against first and third party cyber losses and technology E&O liability exposures. Y-ProTech is being offered to small and medium size businesses of all types, but was specially designed to be further tailored and adapted for a variety of targeted niche industries, including the sharing economy.

The first niche based offering, “Y-ProTech for Marketplaces,” is a cyber and E&O policy exclusively focused on companies in the sharing and on-demand economies.

Y-Risk was founded to design tailored insurance products for evolving risks of tomorrow’s economy. Y-Risk is a division of Allstar Financial Group, an Atlanta based holding company with multiple specialty MGA’s across the country.