Alliance Risk vs At-Bay: How Do They Compare for Cyber Insurance?

At-Bay sells cyber in optional security tiers for businesses with revenue up to $5 billion; Alliance Risk, a brokerage, often bundles security vendors and posts guidance on limits.

At-Bay gives every policyholder its own security-monitoring platform and publishes clear size limits; Alliance Risk shops your cyber policy with outside insurers and adds breach planning and vendor security training. ^3,^1,²

What Are the Key Differences Between Alliance Risk and At-Bay Cyber Insurance?

Cyber Specialist With Published Appetite vs General Brokerage

At-Bay writes primary and excess cyber for businesses up to $5 billion in revenue and $10 million in limits; brokers can get automated quotes on its platform for companies up to $100 million in revenue and $3 million in limits. Alliance Risk instead publishes rough guidance: most small businesses carry $1 million limits with about a $2,500 deductible, rising to $5 million or more for healthcare and finance. ³ ¹ Choose At-Bay if you're under $100 million in revenue and want an automated quote through your broker; choose Alliance Risk if you want an advisor to size limits and shop outside insurers for you.

Security Tools: Built-In Platform vs Vendor Bundle

Every At-Bay policy includes its Stance platform with vulnerability monitoring, vCISO advice, tabletop exercises and awareness training, while managed detection and response costs $16 or $25 per user per month extra. Alliance Risk says its programs often come with vendor scans, training and phishing simulations, plus pre-breach incident-response planning. ³ ¹

At-Bay's optional security tiers change your retentions and fraud cover:

At-Bay sells cyber insurance with optional InsurSec security tiers: Core includes vulnerability monitoring and a fraud-defense sub-limit; Advanced adds a reduced ransomware retention and a zero-hour ransomware waiting period; Complete adds a $0 financial-fraud retention and a $1 million financial-fraud sub-limit. Each higher tier requires a separately purchased managed detection and response (MDR) subscription. ³Company-reported. Product-page InsurSec package descriptions and footnotes; availability depends on the business's risk profile and qualifying conditions.

Coverage You Can Read Up Front

At-Bay lists social engineering and invoice manipulation for all business classes, contingent business interruption, and extortion paid in cryptocurrency. Alliance Risk lists first- and third-party cover, including PCI-DSS assessments and regulatory fines from the FTC, HIPAA or GDPR enforcers. ³ ¹

What Should You Confirm in Alliance Risk and At-Bay Cyber Insurance Quotes?

Ask At-Bay which security tier your quote assumes and the total MDR subscription cost. ³
Ask Alliance Risk which insurer will issue the policy; its cyber page names none. ¹
Ask At-Bay whether your policy is issued by At-Bay Specialty Insurance Company or another insurer. ⁵

Alliance Risk vs At-Bay Cyber Insurance Compared

Alliance Risk vs At-Bay: Cyber Insurance: documented features by provider

Criteria	Alliance Risk Cyber Liability Insurance	At-Bay Cyber Insurance
Limits and Retentions	Alliance Risk's cyber page says most small businesses buy $1 million per-occurrence and $1 million aggregate limits with roughly $2,500 deductibles, and it publishes a recommended-limit table by business profile, ranging from $500,000-$1 million for sole proprietors to $5 million or more for healthcare and finance companies. These are general guidance, not a quoted limit for a specific business. ¹Company-reported. Cyber product page, How Much Cyber Insurance Do You Need? section.	At-Bay says it writes primary and excess cyber insurance for businesses with revenue up to $5 billion and limits up to $10 million. Through its Broker Platform, brokers can get automated quotes only for businesses up to $100 million in revenue and $3 million in limits. ³Company-reported. Published appetite ceilings, not guaranteed offers; underwriting and the appetite guide control individual accounts.
How to Apply	You request a cyber quote or book a risk assessment with an Alliance Risk advisor through the calls to action on the cyber product page; the page does not list specific underwriting information required for a cyber submission. ¹Company-reported. Cyber product page quote and consultation calls to action.	You apply for At-Bay cyber coverage by emailing a submission to underwriting@at-bay.com or by requesting an automated quote through At-Bay's Broker Platform. ³Company-reported. Product-page submission instructions; the Broker Platform route is limited to accounts within its lower appetite ceilings.
Coverage Features	Alliance Risk's cyber offering combines first-party coverage (data recovery, business interruption, breach notification, credit monitoring, forensic investigation, crisis management and cyber extortion or ransomware payments) with third-party coverage (legal defense, settlements and judgments, regulatory fines and penalties, PCI-DSS assessments, and media liability). ¹Company-reported. Cyber product page, First-Party vs. Third-Party Cyber Coverage section; actual policy structure depends on the carrier and the policy as issued. Alliance Risk says its cyber programs include coverage for legal expenses and fines imposed by data protection authorities such as the FTC, HIPAA enforcers or GDPR enforcers. ¹Company-reported. Cyber product page, The Alliance Risk Difference section.	At-Bay lists direct and contingent business interruption and system failure coverage, social engineering and invoice manipulation coverage for all classes of business, full limits for cryptojacking and bricking, broad cyber extortion coverage including cryptocurrency payment, and reputational-harm coverage for PR costs from adverse publicity. ³Company-reported. Product-page coverage highlights; the issued policy and endorsements control actual terms. At-Bay sells cyber insurance with optional InsurSec security tiers: Core includes vulnerability monitoring and a fraud-defense sub-limit; Advanced adds a reduced ransomware retention and a zero-hour ransomware waiting period; Complete adds a $0 financial-fraud retention and a $1 million financial-fraud sub-limit. Each higher tier requires a separately purchased managed detection and response (MDR) subscription. ³Company-reported. Product-page InsurSec package descriptions and footnotes; availability depends on the business's risk profile and qualifying conditions.
Role in This Line	Alliance Risk designs cyber programs backed by breach response planning, forensic support and advisory, as a brokerage that arranges placement rather than underwriting the policy itself. ^1,²Company-reported. Cyber product page, opening section, and the general brokerage disclosure on the coverage catalogue page.	At-Bay places cyber insurance through its disclosed producer, At-Bay Insurance Services LLC, which is licensed as an insurance producer in all 50 states. At-Bay says eligible new excess-and-surplus (E&S) cyber business has been written on its own carrier paper, At-Bay Specialty Insurance Company, since August 2023. ^4,⁵Company-reported. Producer role from the current license page; carrier role from a 2023 transition announcement, not confirmed for every current cyber quote.
Risk Services	Alliance Risk says it provides dedicated incident response planning ahead of a breach, with designated forensic, legal and notification vendors on standby, along with data exposure and network vulnerability analysis. ¹Company-reported. Cyber product page, Our Approach to Cyber Liability and The Alliance Risk Difference sections. Alliance Risk says its cyber programs often come bundled with proactive security services from cybersecurity vendors, such as vulnerability scans, employee security training and phishing simulations. ¹Company-reported. Cyber product page, The Alliance Risk Difference section.	Every At-Bay cyber policy includes access to At-Bay Stance, a security platform with vulnerability monitoring, vCISO advisory and tabletop exercises, and security awareness training. Managed detection and response (MDR) for endpoints or email costs extra, $16 or $25 per user per month respectively, and is sold separately by At-Bay Security, LLC. ³Company-reported. Product-page InsurSec and footnote descriptions; MDR pricing is described as estimated and subject to change.