Cyber MGAs and carriers are at a crossroads. On one hand, the demand for cyber coverage is surging—driven by relentless ransomware, phishing, and supply chain attacks. On the other hand, underwriting models remain shallow, claim payouts drag on for months, and insureds are left exposed when they need protection most.
According to industry data, the average cyber claim takes 120 days or more to be paid out, and underwriting labor costs range from $150 to $500 per account. Meanwhile, businesses face operational collapse if liquidity doesn’t arrive fast enough after an attack.
The result? Frustrated clients, higher loss ratios, and a growing cyber coverage gap.
The question for MGAs and carriers is straightforward:
How can you underwrite more accurately, monitor risk continuously, and reduce the financial gap when cyberattacks strike?
This is precisely what DLT Alert was built to solve.
A 2023 IBM Security report revealed that the average cost of a data breach reached $4.45 million globally, a 15% increase over the past three years. At the same time, more than 61% of small and medium-sized businesses (SMBs) reported being underinsured against cyber risk.
As a cyber warranty service provider, DLT Alert redefines how MGAs, carriers, and brokers deliver cyber protection. Unlike traditional models, cyber warranties combine risk intelligence with proactive coverage mechanisms. DLT Alert’s platform, Cyra, powers this transformation by offering:
The Situation and the Complication
The cyber risk landscape is exploding. Ransomware groups are professionalizing, supply chain attacks are multiplying, and AI-powered phishing campaigns are bypassing even sophisticated defenses. For MGAs and carriers, this means more claims and more scrutiny on underwriting accuracy.
But here’s the complication:
- Underwriting remains shallow — heavily reliant on questionnaires rather than actionable telemetry.
- Processes are expensive — costing $150–$500 per account in labor and time.
- Claims drag on, with payouts taking an average of 120+ days.
- Monitoring is absent — once the policy is issued, security posture is rarely tracked.
This leaves insureds vulnerable. When an attack happens, the gap between the incident and the insurance payout can cripple an SMB’s operations, eroding trust in cyber coverage.
The key question is straightforward: How can carriers and MGAs underwrite more accurately, continuously monitor risk, and reduce the financial gap when cyberattacks occur?
The Underwriting Gap
Traditional underwriting is broken. It’s:
- Questionnaire-heavy – Clients answer static questions that rarely reflect real-time risk.
- Time-consuming – Reports take days or weeks to compile.
- Blind to telemetry – There’s no integration with endpoint data, patching, or backup systems.
This leads to overpricing or underpricing risks, missed threats, and poor loss ratios. MGAs lose credibility, carriers lose money, and insureds lose trust.
The Claims Reality
If underwriting inefficiency is the first problem, claims delay is the second—and arguably more damaging.
- 120+ days is the average time for cyber claim adjudication.
- During that window, SMBs face crippling downtime and lost revenue.
- Without upfront liquidity, recovery is delayed, sometimes fatally.
Frustrated businesses are beginning to see cyber insurance not as a solution but as a source of friction.
The DLT Alert Answer
DLT Alert closes these gaps with a 3-part cyber platform purpose-built for MGAs, carriers, and brokers:
- Cyra Underwriting – AI-driven risk analysis using Secure Score, ASM, patching, backup, and endpoint data.
- Cyra MDR – Continuous monitoring of connected assets for real-time posture improvement.
- Active Embedded Warranties – Parametric payouts that provide liquidity within days, not months.
This combination doesn’t just modernize underwriting—it transforms the entire lifecycle of cyber coverage.
Cyra Underwriting: Fast, Affordable, Accurate
Traditional underwriting costs upwards of $200 per report and takes significant manual effort. Cyra changes the equation:
- Automated AI analysis in minutes
- Uses Secure Score, Bitsight, patch, backup & endpoint data
- $70 per report vs. $200+ industry standard
- Provides contextual insights + branded PDF reports for brokers
This means MGAs can scale underwriting, reduce overhead, and win more quotes with precision pricing.
Cyra MDR: Monitoring That Doesn’t Stop at Policy Issuance
Once a policy is issued, risk monitoring usually stops. Cyra MDR changes that with:
- Integration with existing tools (EDR, patching, backups, M365)
- Alerts for security posture drift
- Notifications to both MGA and insured when risk rises
- Compliance support to keep insureds “coverage-ready”
Instead of a static risk assessment, carriers gain living intelligence—a dynamic picture of each insured’s cyber health.
Embedded Active Cyber Warranties: Liquidity When It Matters
When attacks happen, time is money. DLT Alert’s Active Embedded Warranties fill the financial gap by:
- Triggering payouts when specific tools fail to block an attack
- Delivering cash within days, not months
- Covering deductibles or immediate expenses
- Preventing operational downtime for SMBs
This bridges the most painful gap in cyber coverage—the months-long wait for claims resolution.
Results for MGAs and Carriers
The combined effect of Cyra Underwriting, Cyra MDR, and Active Warranties is transformative:
- Improved quote accuracy & better loss ratios
- Streamlined underwriting workflows
- Reduced claim exposure with warranties absorbing early losses
- Enhanced client trust through faster payouts and continuous monitoring
- New revenue streams from MDR + warranty bundles
With DLT Alert, MGAs and carriers don’t just keep up with the market—they pull ahead.
Scarcity-Driven Call to Action
To prove the value of our platform, DLT Alert is offering an exclusive trial:
- 90 days or up to 100 underwriting reports at no cost
- Available only to a limited group of MGAs, we’re already in discussion with
After the trial, convert to a paying account and continue benefiting from faster underwriting, real-time monitoring, and active risk transfer.
Also Read: What is Microsoft secure score and how it can be increased?
