Cyber MGA
Periscope

Stay informed on the dynamic cyber insurance MGA space.

About the MGA Periscope

1

MGA market Dynamics

Comprehensive Cyber MGA Market Analysis: Historic, Present, Future.

2

MGA Competitive Landscape

Firmographics, business strategies, market positions, and financing.

3

Individual MGA Profiles

In-depth details of the most important MGAs including (when available): financing, loss data, and cyber security partners.

Inform Your MGA Strategy

Comprehensive
Coverage

The Periscope, updated semi-annualy, provides the latest news and activities of all global Cyber MGAs.

Strategic
Intelligence

Monitor the delegated authority plays of incumbent cyber (re)insurers.

Opportunity
Insights

Track your competition, potential partners, and M&A opportunities.

Cyber
Security

Examine the cyber security strategy and dynamics of the MGA space.

Key Insights and Table of Contents

Over the last decade, many managing general agents (MGAs) dedicated to the cyber insurance industry have emerged in response to the escalation of cyber-crime worldwide. Due to increasing premiums over the last few years, MGAs grew rapidly and now contribute significantly to the cyber insurance market, with a third of gross written cyber premiums being underwritten by MGAs. As of 2024, the largest MGAs include Coalition, At-Bay, Corvus. Coalition is the currently most valuable MGA, attaining a $5B valuation after their $250M Series F funding round in 2022.

Although the cyber MGA market has seen sustained investment, large carriers and other traditional incumbents remain skeptical of the claims made by MGAs, necessitating thorough analysis before entering commercial agreements. While each MGA has their own take on cyber, a few stereotypical business models have emerged. The QCC MGA Periscope provides information on both the entire market and the most important MGAs, syntheisizing trends, challenges and opportunities for everyone that seeks to do businesses. Our actionable insights provide invaluable for anyone in the space.

  • Evolution and Market Outlook
    • Evolution and Market Outlook of Cyber MGAs
    • Regional Landscape of Cyber MGA Development
  • Regional Landscape
    • Formation Timeline of Cyber MGAs
    • Geographic Footprint of Cyber MGAs
    • Firmographics Summary
  • Business Strategy and Market Position
    • Competitive Matrix
    • Business Strategy and Market Position
  • Financing
    • Funding Raised Over Time
    • Total Funding to Date with Valuation by Company
    • Cumulative Funding by Top Four Cyber MGAs
    • Financing Summary
  • Corporation partners and Insurance Products
  • Acquisition Activity
  • Top Carrier Investment 
  • Overview
  • Product Segment
  • Performance
  • Capacity Providers & Other Partnerships
  • Financing & Valuation
  • M&A Activities

QualRisk Cyber Insurance Center is the only provider of data analytics and insights from the global cyber MGA market.