Malicious actor risks are continually evolving, with changes in society, technology
and geopolitical dynamics, challenging the private sector to keep pace.
There are powerful and cost-effective tools that help avoid and mitigate the
impact of such threats in the form of specialty insurance. However, the pace of
innovation
and sheer number of products makes it difficult to take full advantage of the
impressive resources available in the marketplace.
Insight Special Risks works with individuals, companies and solution providers to
bridge that gap. We help our clients navigate the market so they can effectively
access and develop the products that protect people, assets, wealth and reputation
from insider misconduct and external threats.
Our value proposition is simple - combine real-world experience, in-depth research,
and rigorous analysis to deliver unbiased advice to our clients on the latest
innovations in insurance, technology and other market solutions.
The Insight Special Risks team has been at the forefront of insurance innovation in
the special risks arena for decades and is responsible for the creation of special
risks products and policy language that are now the global market standard.
We do not sell insurance and operate with complete impartiality. As a wholly
independent insurance & risk management consultants, Insight Special Risks offers a
comprehensive and objective viewpoint.
Our objective is to elevate the knowledge and capabilities of all stakeholders by
complimenting current service providers without interfering in existing
relationships.
The changing malicious risk landscape has generated new and
challenging exposures across virtually all sectors. We work with
insurers to develop new and innovative products to take
advantage of these trends, creating market leading insurance
solutions that are convenient, fast, and personalized.
We can also help bring traditional coverage to the cutting edge
of the market while helping to simplify products, increase
flexibility of policies, promote digital connectivity, and
expand distribution options.
Insight Special Risks can help insurers to identify and qualify alternative distribution channels in order to accelerate premium growth. We work closely with their teams on the implementation of this strategy, including internal training and external intermediary/client engagement.
We recognize that the best product and strategy is only as good as the people tasked with implementation. Insight Special Risks is well positioned to help with the challenge of obtaining internal stakeholder engagement for your special risk products. This is through the provision of informative and engaging communication management and via training courses to promote effective information circulation and collaboration between the participants in an organization.
By delivering creative and cost-effective solutions to evolving
operational security and misconduct compliance exposures, intermediaries
can significantly enhance their client relationships while generating
additional income.
Insight Special Risks can provide a comprehensive analysis of your
client portfolio and identify those clients that can most benefit from
innovative new products designed to address emerging malicious actor
threats and misconduct compliance risks. Additionally, this prevents
competitors establishing or expanding a relationship with
your client.
Where your team has identified potential business opportunities
involving special risks but does not have the resources or expertise to
fully pursue them, we can fully support you in sharpening your
proposition
and help you articulate their relative value in the context of your
client’s specific.
Has an existing client or prospect approached you for specialized
coverage related to malicious risks? Is special risks a niche you are
not entirely comfortable with? We can help you avoid giving a competitor
an opportunity to establish or expand a relationship with your client.
Insight Special Risks will work with you to arrange a cost competitive
and market leading special risk proposal options and assist you to
articulate their comparative value.
We understand how insurers operate and our aim is to place you on a level footing with their experts. We know the right questions to ask, what information needs to be disclosed and what doesn’t. Our experienced team knows how best to present this information to settle your claim on behalf of your client as swiftly as possible.
Insider threats, such as theft of trade secrets to internal actors
engaged
in fraud or corruption can lead to serious financial impact and cause
long term reputational damage. Additionally, operational security risks
both at home and abroad can pose direct physical danger to personnel and
cause severe business interruption.
Many risk and compliance departments struggle to keep up to date with
the
variety of potential misconduct and security risks. They are often
challenged to act proactively in order to avoid or mitigate such risks
due to limited internal budgets and resources available to most
internal teams.
We can work with you to identify critical points of exposure and help
you design a lean and cost-effective approach in building resilience,
without the need to allocate ever-growing budgets to internal security
and compliance resources.
Insight Special Risks will conduct a comprehensive assessment of your
business operations and risk exposures and identify using market
solutions that will both protect the organization financially and enable
you to respond proactively with the appropriate resources and expertise
where and when you need them.
Special Risk policies are one of the most underutilized forms of
insurance coverage by corporate risk managements. In our experience, the
majority of incidents where such a policy could have been used to good
effect,
both in terms of third party assistance and reimbursement of financial
loss, are not fully appreciated by decision makers.
We can provide you with an expert assessment of where your program
compares
to what is available in the market and provide objective guidance on how
to get
more out of your current special risk coverage.
We understand market dynamics and how to create a competitive edge for your business, whether working solely with your internal broker or with the external intermediary of your choice . We help devise and direct renewal strategies, proactively manage the renewal process, evaluate proposals and negotiate on your behalf.
We understand how insurers in the special risk market operate and the often surprising extent of coverage included within market competitive policies. Our aim is to provide the best advice to ensure you always stay one step ahead during the claims process. Most of all, we challenge unnecessary claims procedures to ensure that it is your interests and not those of the insurers, drive the settlement.
We work with founders, executives, and regulated entities where digital asset visibility, access, and custody make them a potential target for organised crime, opportunists, and coercive actors. This is not cyber insurance. We develop coverage solutions that address the human vulnerabilities of the digital asset ecosystem.
We also help bring legacy policies in line with today’s risk environment. Traditional insurance wordings often exclude digital asset considerations entirely, omitting scenarios where threats involve private key access, wallet credentials, or nonphysical forms of value transfer. We identify these gaps and restructure coverage to reflect how these risks now present.
The strength of this cover lies not only in its financial backing, but in the specialist response it enables. Crisis teams are available the moment a threat emerges, guiding strategy, managing communication, and helping contain risk before it escalates. Crucially, these responders must be fluent in the operational realities of digital assets, from wallet architecture and custodianship to the reputational dynamics that shape how a threat unfolds and how it must be handled.
Insight Special Risks can advise you on the most appropriate responder based on your specific regional and operational profile.
Insurance is often overlooked as a flexible tool that helps
affluent individuals and families avoid and mitigate the
activities of malicious actors. As threats to wealthy individuals
such as fraud and cyber extortion increase and mature, products that
go beyond traditional security concerns are starting to emerge.
Insight Special Risks works with affluent individuals and their
trusted advisors to put in place bespoke insurance programs that
take in account the specific circumstances and lifestyles of each
family.
Our objective is to provide discreet yet comprehensive problem
solving capabilities that help proactively manage the full spectrum
of malicious actor threats, all through a simple to access insurance
policy, enabling clients to enjoy the piece of mind of knowing they
will have immediate support whatever the scenario and wherever the
location.
The Shard - 24th Fl
32 London Bridge Street
SE1 9SG
Bedrettin Demirel Street No 10
Nicosia
Monday - Friday
09:00 - 17:00 (UK)