Pilot
A six-month pilot with one cedent or MGA.
PrismX is built and run by CyberPrismx, a company registered in the United Arab Emirates. The first version runs as a six-month pilot with a cedent or MGA and the brokers who place with them, in English and Arabic.
The aim is simple: more SMEs reaching a quote with less follow-up, and better evidence behind every submission.
6months
Pilot length
4markets
Cyprus, Czech Republic, United Kingdom and United Arab Emirates
76controls
In 13 domains
3question sets
From insurers’ own application forms
Getting started takes three steps.
No security team needed. PrismX always shows you the next thing to do, one step at a time.
Step 1Register with your insurer’s code
Your insurer or broker gives you a code. Enter it, confirm your email, and your workspace is ready.
Step 2Answer a few questions about your business
What you do, where you trade, the systems you use and who should be told first if something goes wrong.
Step 3Follow the checklist
Getting started lists every step to a signed submission and ticks each one off as you go. The next one is marked Start here.
An advisor can be assigned to help you along the way: PrismX advisory, your broker’s technical partner or your own IT provider.
How onboarding works
From an empty workspace to the first signed pack in the review queue.
Brokers run the check
Brokers run the readiness check with clients they want to bring in.
Set up the cedent
PrismX creates the insurer workspace with its market and default question set, and invites its admins.
Invite SMEs
The insurer or a broker invites SMEs, or shares an invite code so SMEs register themselves.
Discover
The SME describes its business, systems, data, suppliers and key people.
Assessment
Controls, priorities, actions and evidence, with a PrismX advisor where one is assigned.
Submission
The SME signs the pack and sends it. It lands in the insurer’s review queue.
What the cedent gets
What works today, and what arrives during the pilot.
- Review queueSent submissions by SME, question set, date, referral result and status, with a New marker.Available now
- Signed packsOne PDF per submission with a certificate page and sha256 hashes computed on the server.Available now
- SMEs, brokers and advisorsCreate SMEs and broker firms, issue invite codes and assign PrismX advisors.Available now
- Evidence verificationYour reviewers can verify the evidence behind the answers.Available now
- Detailed review and decisionsAnswers, evidence and open actions on one page, requests for information and a decision record.Coming in the pilot
- Incident supportNotification clocks and the rules of your wording for SMEs during an incident.Coming in the pilot
- Pilot reportingThe pilot metrics against the baselines you enter.Coming in the pilot
What the pilot measures
Coming in the pilot. The cedent enters its baselines, and PrismX reports against them.
- Applicants reaching quote
- Quote to bind
- Time from submission to bind
- Evidence rates for MFA, endpoint detection and backups
- First response time on incidents
What we ask of the cedent
Four things that make the pilot work from the first week.
- Confirm the question set and wording for your market.
- Name the admins and reviewers who will use the review queue.
- Share the baselines the pilot will be measured against.
- Introduce the brokers and SMEs who will take part.
What we ask of brokers
- Run the check with your clients.
- Share your invite code.
- Follow progress and nudge.
- Name a technical partner if you have one.
PrismX prepares risk information. Insurers decide eligibility, pricing, coverage and claims. PrismX is not the underwriter or a broker.
Common questions
Something else? Ask us directly.
Who decides on cover during the pilot?
The insurer, as always. PrismX prepares risk information. Insurers decide eligibility, pricing, coverage and claims.
Can an SME belong to two insurers?
Not during the pilot. Each SME belongs to one insurer workspace.
Which languages are supported?
English and Arabic, right to left, in the first version.
Start the conversation about a pilot.
Tell us your market, your SME cyber book and the question set you use today.