This text is a part of a sponsored sequence by Skilled Insured.
Cyber insurance coverage is high-stakes, form-heavy, and rising quick.
However most quoting engines battle to maintain up-too gradual, too inflexible, or not designed for Cyber’s nuanced questions and urge for food shifts.
That’s why MGAs and wholesalers are switching to RQB for multi-carrier cyber submissions which might be quick, versatile, and absolutely compliant.
Right here’s the way it works.
- What Makes Cyber Submissions Distinctive
| Problem | Why It’s Totally different |
| Extremely dynamic questions | New threats = fixed updates |
| Service-specific urge for food | No two portals ask the identical questions |
| Subjectivity in responses | “MFA enabled?” “Safety crew in place?” |
| Attachments required | App, loss runs, controls questionnaire |
| Tight turnaround calls for | Brokers need same-day quoting |
You may’t afford to fumble a cyber submission-or take days to finish one.
- RQB Was Constructed for This
RQB (Price-Quote-Bind) handles Cyber workflows with:
- Dynamic consumption varieties – adapts based mostly on provider urge for food
- Auto-attachment tagging – pulls in loss runs, cyber app, SOC report
- Quote-by-carrier visibility – real-time comparability + API push
- AI pre-fill – populates responses based mostly on prior submissions
- Bind set off – sends information on to provider or inner UW
- The Cyber Submission Lifecycle with RQB
Step 1: Consumption
- E mail or type is available in → AI extracts applicant identify, income, protection requested
- RQB identifies Cyber LOB and launches workflow
Step 2: Questionnaire Automation
- Dynamic questions load based mostly on provider or program
- RQB pre-fills prior solutions, tags crimson flags (e.g., “No MFA”)
- Dealer is looped in routinely for lacking information
Step 3: Service Matching + Quote Push
- Based mostly on controls and eligibility, RQB routes to eligible markets
- API integration pushes quote requests (no handbook information entry)
- Underwriters return pricing → RQB logs, compares, routes to dealer
Step 4: Bind & AMS Replace
- Certain quote pushed to provider (or despatched again to ops crew)
- Coverage file created/up to date in AMS
- Activity created for issuance, COI, or renewal setup
- Actual Outcomes: Earlier than vs After RQB
| Metric | Handbook Cyber Workflow | With RQB |
| Avg. quote prep time | 3-5 hours | 15-Half-hour |
| Service-specific errors | Widespread (flawed fields) | Uncommon (<2%) |
| Time to gather paperwork | 2+ days | <1 day (AI chase + tagging) |
| Bind-to-AMS delay | 1-2 days | <1 hour |
- Bonus: Multi-State or Multi-Class Package deal?
RQB helps:
- Bundled Cyber + Tech E&O
- Standalone Cyber
- A number of restrict situations
- Management-based pricing tiers
- Submission routing to inner underwriters or third events
Cyber quoting is getting quicker. Are you?
Use RQB to triage, submit, and bind cyber risks-across a number of carriers-without rekeying or handbook uploads.
Begin with 5-10 cyber submissions and take a look at the distinction.
FAQ
Can RQB deal with supplemental apps and attachments?
Sure. RQB tags required paperwork, chases lacking information, and logs the whole package deal per provider.
Does it work with our AMS or simply EI?
RQB integrates with Skilled Insured, Epic, AMS360, or standalone.
What if we underwrite Cyber in-house?
You may construct customized varieties in RQB, and route quotes internally or to exterior companions.
Be taught extra about our real-time quoting platform RQB
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