Limit is excited to announce it's partnership with Converge, a next generation cyber insurance provider.
New York, NY – January 21, 2025 – Our goal at Limit has always been to empower retail brokers with the tools they need to provide better, faster and more cost-effective solutions for their insureds. Today, we are thrilled to share that we have officially partnered with Converge, a leading cyber insurtech, to provide brokers with greater visibility into the array of coverage options available for cyber liability insurance.
“We’re thrilled to expand our coverage offering and can’t wait to see our retail agents and brokers access competitive quotes from Converge within seconds on the Limit platform,” said Shea McNamara, Head of Growth at Limit. “We look forward to continuing to expand our partnership and are excited to start off the year so strong.”
Converge is an insurtech innovator that brings cyber risk coverage to their broker-partners across the U.S and is positioned to provide tailored coverage to companies that wish to manage cyber exposures with a strong, experienced partner. Aligned in their desire to move beyond the reliance on manual, legacy processes, cyber coverage can now be accessed directly via the Converge API.
“Our proprietary technology platform is built to deliver unmatched insurance solutions,” said Tom Kang, CEO of Converge. “Our API capabilities are an important extension of tools we use to provide our partners with seamless, responsive protection so insureds can confidently stay secure.”
In addition to traditional first- and third-party coverages, the Converge API helps in assessing an insured’s cyber risk as well as providing direct access to managing cyber insurance claims through the insurtech’s in-house team of experienced claims experts.
At Limit, we’ve made it easy to harness the power of this integration. Retailers can take advantage of the Converge API by logging into their Limit accounts and accessing it via the dashboard. By navigating to the “Quotes” page, Limit brokers can now view quotes from Converge.
If you have any questions about Limit’s partnership with Converge, please reach out to us at retailers@limit.com.
About Limit Limit is a wholesale broker specializing in commercial lines insurance. We save retailers dozens of hours per month with rapid turnaround for Cyber, Tech E&O, Misc E&O, and Management Liability coverage. Limit provides instant quotes via its digital brokerage platform, and partners with over 55 carriers to provide best-in-class coverage − even for the tough E&S deals, Limit's expert brokerage team is standing by your side. Our platform provides detailed quote recommendations, ties in gold-standard cybersecurity vendors, and handles everything from market selection to surplus lines filings.
About Converge
Converge fuses cyber insurance, security and technology to provide businesses with clear, confident cyber protection. Deploying a proprietary data ecosystem underpinned by expert underwriting, it provides risk solutions that deliver high-value strategies with improved outcomes. Converge's philosophy is that insurance needs the right elements and personalized approach to mitigate risk. By partnering with its policyholders, Converge precisely formulates their business needs so they can confidently become cyber secure. Converge is headquartered in New York and operates across the U.S. learn more at convergeins.com
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