UKON aims to close the cyber insurance protection gap
The Rundown
In a recent chat with Catalyit, UKON CEO Matt Hightower shared how the company is helping independent agencies build and scale cyber insurance programs. By combining technology, AI, and human expertise, UKON acts as an outsourced cyber practice, helping agencies identify coverage gaps, educate clients, and proactively grow cyber insurance revenue.
The Context
- UKON analyzes agency books of business to identify commercial clients that lack cyber coverage and helps agencies launch targeted outreach campaigns.
- The company works with more than 56 carriers and uses AI-driven tools to evaluate whether existing cyber policies provide appropriate limits and coverage for a client's specific risks.
- Hightower noted that many agencies are surprised to discover that some of their largest commercial accounts either have no cyber insurance or have policies that may not adequately address their exposures.
- UKON integrates with agency management systems such as AMS360 and HawkSoft, while also supporting agencies that provide client data through secure file uploads.
- According to Hightower, manufacturers, professional service firms, and educational organizations are among the most frequently targeted industries for cyberattacks today.
Why it Matters
Cyber insurance remains one of the industry's largest protection gaps. As cyber threats increase and AI lowers the barrier for attackers, agencies that fail to discuss cyber coverage risk leaving clients exposed and creating opportunities for competitors. UKON's approach highlights a growing shift toward proactive cyber conversations, helping agencies protect clients while uncovering new revenue opportunities. As Hightower put it, every client deserves the opportunity to survive a cyberattack.
Watch now to see how UKON can work for you!