Heffernan Insurance Brokers vs Risklytics: How Do They Compare for Cyber Insurance?

Risklytics places cyber for robotics and AI firms and notes contracts often ask for $1 million or more; Heffernan Insurance Brokers serves healthcare, finance, retail and tech.

Risklytics starts Cyber Liability through an online application, says there is no broker fee on top of premium, and reads prompt-injection wording before binding. Heffernan's cyber risk team shops the market after an exposure assessment, without a published extra-fee stance or AI-wording review. ^4,^3,¹

What Are the Key Differences Between Heffernan Insurance Brokers and Risklytics Cyber Insurance?

Online Application and Extra Fees

Risklytics starts cyber through an online application and says there is no broker fee on top of the premium; commission is paid by the carrier. Heffernan describes working with an experienced broker to obtain and compare quotes, without publishing a fee schedule. Choose Risklytics if you want an online cyber application with a stated no-extra-fee model; choose Heffernan if you want a cyber team to shop carriers after assessing your exposure. ⁴ ¹

Contract Triggers Versus a Wide Industry List

Risklytics says companies typically need this coverage the first time they hold customer data in production, and that enterprise and government contracts require it once a vendor touches their data. Heffernan names healthcare, finance, retail and technology and says it serves small businesses and large corporations. ² ¹

AI Wording Review

Risklytics says whether prompt-injection or a model leaking data is covered depends on policy wording it reads before binding. Heffernan's page describes breach cleanup and incident-response access, not an AI-wording review. ² ¹

What Should You Confirm in Heffernan Insurance Brokers and Risklytics Cyber Insurance Quotes?

Ask Risklytics which specialist insurer would sit on your policy. ³
Ask Heffernan which carrier it would bind. ¹
If buyers ask for $1 million or more, confirm Risklytics can place that typical ask. ²
Ask Heffernan whether model-output incidents without a breach would be covered on the form it proposes. ¹

Heffernan Insurance Brokers vs Risklytics Cyber Insurance Compared

Heffernan Insurance Brokers vs Risklytics: Cyber Insurance: documented features by provider

Criteria	Heffernan Cyber Security Insurance Brokerage	Risklytics Cyber Liability Insurance
Who It’s For	Heffernan says cyber insurance is for any business handling sensitive customer information, relying on digital operations or storing data electronically, and names healthcare, finance, retail and technology among the industries it serves, alongside small businesses and large corporations. ¹Company-reported. Cyber Security Insurance page's FAQ answer on who needs cyber insurance; this is general educational content on Heffernan's own page rather than a stated underwriting appetite.	Risklytics says companies typically need this coverage the first time they hold customer data in production, and that enterprise and government contracts require it once a vendor touches their data. ²Company-reported. Lines page.
How to Apply	Heffernan's FAQ says getting cyber insurance starts with assessing your business's data types and cybersecurity measures, then working with an experienced broker to obtain and compare quotes from multiple providers. ¹Company-reported. Cyber Security Insurance page's 'How Do I Get Cyber Insurance?' FAQ answer.	You start Risklytics Cyber Liability Insurance through Risklytics' online application. Risklytics says there is no broker fee on top of the premium and a licensed producer stays on the file until the program binds; its commission is paid by the carrier out of the premium either way. ^4,³Company-reported. Pricing page describes the general application and fee process, not a line-specific form.
Coverage Features	Heffernan describes cyber policies it arranges as covering costs from a cyber incident, such as data recovery, legal fees, notification expenses and business interruption, and says a policy can also provide access to incident-response experts, including IT forensics specialists and public relations advisors. ¹Company-reported. Cyber Security Insurance page's coverage description and FAQ; specific insuring agreements, sublimits and exclusions depend on the policy form selected.	Risklytics describes Cyber Liability as paying for breach cleanup, legally required notifications, and the claims that follow a hack or data leak, such as a ransomware attack or exfiltrated customer records, and says it does not respond to a model giving bad output with no breach involved. ²Company-reported. Lines page; the issued policy and declarations control actual coverage.
Role in This Line	Heffernan says it maintains a cyber risk team with expertise in determining a client's cyber exposure, shopping the market, presenting options and guiding the selection of coverage. It arranges the policy with insurance carriers rather than underwriting cyber coverage itself. ¹Company-reported. Cyber Security Insurance page's description of the cyber risk team.	Risklytics Insurance Services is a licensed insurance producer (NPN 22311838) that places Risklytics Cyber Liability Insurance with outside carriers; it says it does not underwrite policies itself. ³Company-reported. About page; describes Risklytics' brokerage model generally, restated for this line.
Risk Services	Beyond claim payment, Heffernan says a cyber policy can give access to incident-response experts such as IT forensics specialists and public relations advisors, and that its cyber risk team helps with exposure assessment and coverage selection before a policy is bound. ¹Company-reported. Cyber Security Insurance page's services description.	Risklytics calls cyber the easiest line for its clients to get with reasonable security basics in place, and says whether a prompt-injection attack or a model leaking data is covered depends on policy wording it reads before binding. ²Company-reported. Lines page.