Cyber Liability insurance has become one of the fastest-growing commercial insurance products. Unlike traditional commercial lines, Cyber Liability rating depends not only on company size and revenue, but also on cybersecurity controls, technology infrastructure, data exposure, regulatory compliance, and third-party risk. SelectRate enables carriers, Managing General Agents (MGAs), wholesalers, program administrators, and specialty cyber insurers to configure, rate, test, govern, and deploy Cyber Liability insurance products from one centralized commercial insurance rating platform. Whether you're writing standalone Cyber Liability, Technology E&O with Cyber, or package cyber products, SelectRate provides the flexibility required for modern cyber insurance.
Cyber Liability Rating calculates insurance premiums based on an organization's cyber risk profile, operational characteristics, technology controls, underwriting guidelines, and carrier pricing.
Premium calculations commonly evaluate:
Every risk characteristic contributes to the final premium.
SelectRate supports virtually every Cyber Liability product.
Each cyber product maintains independent underwriting and pricing while sharing one enterprise platform.
Configure cyber underwriting questionnaires without software development.
Evaluate:
Questionnaire responses automatically influence underwriting and premium calculations.
Rate organizations using configurable business characteristics.
Evaluate:
Business characteristics integrate directly into pricing models.
Cyber Liability products often evaluate data exposure.
Configure:
Data exposure automatically influences underwriting and premium calculations.
Modern cyber products evaluate cybersecurity maturity.
Configure:
Security controls may generate underwriting credits or debits.
Every carrier maintains unique Cyber Liability pricing.
Configure:
Carrier pricing remains configurable without modifying core product logic. Learn more about Carrier Rating Overrides
Cyber underwriting is highly configurable.
Evaluate:
Underwriting decisions are automatically evaluated during rating.
SelectRate performs complete Cyber Liability premium calculations.
Evaluate:
Every calculation is fully transparent through Rating Worksheets and Rating Trace.
Automatically assign Cyber Liability documentation.
Supports:
Documentation remains synchronized with product versions. Learn more about Endorsement Management
Every Cyber Liability product should be validated before deployment.
Test:
Automated testing reduces production risk while improving pricing accuracy.
Expose Cyber Liability rating through secure REST APIs.
Integrate with:
Every application uses the same centralized Cyber Liability rating engine.
Cyber insurance products evolve rapidly.
Manage:
Organizations prepare future releases without affecting production. Learn more about Effective Date Management
Every Cyber Liability product change is fully documented.
Track:
Organizations maintain complete governance across every Cyber Liability product.
Insurance organizations modernize Cyber Liability rating to improve operational efficiency.
Benefits include:
Configure cyber insurance products, automate cybersecurity underwriting, simplify pricing, and deploy modern Cyber Liability programs with SelectRate.