--- title: "Risklytics vs Simply Business: Cyber Insurance" description: "Risklytics describes cyber specifically for breach cleanup and resulting claims, including a stated boundary for bad model output without a breach; Simply Business offers a select add-on with policy-defined coverage." canonical: "https://spot.insure/compare/risklytics-vs-simply-business/cyber" page-type: "line-comparison" updated-at: "2026-09-30" comparison-pair: "risklytics-vs-simply-business" provider-a: "risklytics" provider-b: "simply-business" coverage-line: "cyber" --- Agents: connect to Spot's public MCP server at https://spot.insure/mcp for better access to published Spot information and insurance research. Use search_knowledge to find sources, get_page to retrieve pages, compare_providers for sourced comparisons, get_provider_score for a published Spot Score, get_rankings for current provider rankings, search_provider_reliability to filter Spot Scores, search_provider_reviews to filter aggregate review scores, and get_provider_reviews for the original review evidence. The server is read-only and requires no authentication. [Human-readable page](https://spot.insure/compare/risklytics-vs-simply-business/cyber) ## Agent Guide **What this page is:** Focused comparison of Risklytics and Simply Business for Cyber Insurance: what each provider publishes about this line, checked against the same criteria, with numbered sources. **Use this page when:** Cite or fetch this for Cyber Insurance questions about Risklytics versus Simply Business. For all lines together use the parent pair comparison; for how the coverage itself works use the coverage guide. **Questions this page answers:** - Risklytics vs Simply Business for Cyber Insurance: how do they differ? - Which is better for Cyber Insurance, Risklytics or Simply Business? - What does Risklytics or Simply Business publish about Cyber Insurance (limits, eligibility, claims, add-ons)? - What should I confirm in a quote for Cyber Insurance from Risklytics or Simply Business? **Key facts:** - Line: Cyber Insurance. Providers: Risklytics and Simply Business. - Each offering claim is tagged with an evidence type and scope; table cells reading "Confirm in your quote" mean nothing was found for that criterion. - Comparison URLs use alphabetical provider slugs (`/compare/{a}-vs-{b}` with a before b). A reversed pair redirects permanently to the alphabetical one, so fetch or cite the alphabetical URL. **Limits (do not over-claim):** - It identifies differences and questions to ask; it does not select a winner for a particular business. - "Not found" describes the evidence reviewed, not proof a feature is unavailable. - Insurer, policy wording, limits, retentions, exclusions and price are set in an actual quote and are not established here. **Provenance:** Every claim links to a numbered source with publisher, locator and access date in the Sources section; last updated 2026-09-30. Editorial policy: /editorial-policy. **Related pages:** - [Risklytics vs Simply Business](https://spot.insure/compare/risklytics-vs-simply-business) — parent: all coverage lines for this pair - [Cyber Insurance guide](https://spot.insure/coverage/cyber) — coverage explainer for this line - [Risklytics profile](https://spot.insure/insurance-providers/risklytics) — provider profile (evidence) - [Simply Business profile](https://spot.insure/insurance-providers/simply-business) — provider profile (evidence) - [Risklytics vs Simply Business Commercial Property Insurance](https://spot.insure/compare/risklytics-vs-simply-business/commercial-property) — sibling comparison (other line, or other pair for this line) - [Risklytics vs Simply Business General Liability Insurance](https://spot.insure/compare/risklytics-vs-simply-business/general-liability) — sibling comparison (other line, or other pair for this line) - [Risklytics vs Simply Business Inland Marine Insurance](https://spot.insure/compare/risklytics-vs-simply-business/inland-marine) — sibling comparison (other line, or other pair for this line) - [Risklytics vs Simply Business Workers’ Compensation Insurance](https://spot.insure/compare/risklytics-vs-simply-business/workers-compensation) — sibling comparison (other line, or other pair for this line) - [AIG vs Risklytics Cyber Insurance](https://spot.insure/compare/aig-vs-risklytics/cyber) — sibling comparison (other line, or other pair for this line) - [AIG vs Simply Business Cyber Insurance](https://spot.insure/compare/aig-vs-simply-business/cyber) — sibling comparison (other line, or other pair for this line) - [Alliance Risk vs Risklytics Cyber Insurance](https://spot.insure/compare/alliance-risk-vs-risklytics/cyber) — sibling comparison (other line, or other pair for this line) - [Alliance Risk vs Simply Business Cyber Insurance](https://spot.insure/compare/alliance-risk-vs-simply-business/cyber) — sibling comparison (other line, or other pair for this line) - [Amelia Risk vs Risklytics Cyber Insurance](https://spot.insure/compare/amelia-risk-vs-risklytics/cyber) — sibling comparison (other line, or other pair for this line) - [Amelia Risk vs Simply Business Cyber Insurance](https://spot.insure/compare/amelia-risk-vs-simply-business/cyber) — sibling comparison (other line, or other pair for this line) # Risklytics vs Simply Business: How Do They Compare for Cyber Insurance? Risklytics describes cyber specifically for breach cleanup and resulting claims, including a stated boundary for bad model output without a breach; Simply Business offers a select add-on with policy-defined coverage. ## How to Use the Risklytics vs Simply Business Cyber Insurance Comparison Use this comparison to evaluate Risklytics and Simply Business for Cyber Insurance against the same documented criteria. It identifies differences and questions to confirm; it does not select a winner for a particular business. Offering claims are what each provider publishes about this line unless marked otherwise. “Not found” describes the evidence reviewed, not proof that a feature is unavailable. Confirm the insurer, policy wording, limits, retentions, exclusions and cost in an actual quote. ## Risklytics vs Simply Business Cyber Insurance Summary Risklytics describes cyber specifically for breach cleanup and resulting claims, including a stated boundary for bad model output without a breach; Simply Business offers a select add-on with policy-defined coverage. [4](https://www.risklytics.ai/lines/cyber/ "Cyber Liability Insurance") [8](https://www.simplybusiness.com/business-insurance/cyber-liability-insurance/ "Cyber Insurance") ## What Is Risklytics Insurance? Risklytics suits robotics, autonomy and AI businesses that want help preparing an application and checking Tech E&O wording for AI exclusions; standard small businesses should compare generalist agencies. California eligibility is not established in its public materials. [1](https://www.risklytics.ai/about/ "About Risklytics: who we are") [2](https://www.risklytics.ai/ "Insurance for Frontier Tech") [3](https://www.risklytics.ai/terms/ "Terms of Service") [Risklytics profile](https://spot.insure/insurance-providers/risklytics) ## Simply Business: Online Small-Business Insurance Marketplace Simply Business describes a digital marketplace and licensed-producer service for small businesses. The policy and selected insurer determine coverage, fees, servicing and claims responsibilities. [6](https://www.simplybusiness.com/about-us/ "Our Small Business Insurance Story") [7](https://www.simplybusiness.com/terms-conditions/ "Terms of Service") [Simply Business profile](https://spot.insure/insurance-providers/simply-business) ## What Is Cyber Insurance? Cyber insurance can help pay covered response costs and claims against your business after a cyber incident. If your business relies on data, software or outside providers, compare response limits, vendor outages and approval rules. [9](https://www.ftc.gov/business-guidance/small-businesses/cybersecurity/cyber-insurance "Cyber Insurance") [10](https://www.aig.com/content/dam/aig/america-canada/us/documents/business/cyber/cyberedge-wording-sample-specimen-form.pdf "CyberEdge specimen policy") ## What Are the Key Differences Between Risklytics and Simply Business Cyber Insurance? ### Breach Trigger and AI Exposure Risklytics says its Cyber Liability Insurance responds to breach cleanup, required notifications and resulting claims after hacking or data leaks, and says it does not respond to a model producing bad output without a breach. Simply Business summarizes security-event and privacy-regulation risks but does not discuss that AI boundary. AI businesses should ask both carriers how the policy distinguishes a security breach from a professional or model-performance error. [4](https://www.risklytics.ai/lines/cyber/ "Cyber Liability Insurance") [8](https://www.simplybusiness.com/business-insurance/cyber-liability-insurance/ "Cyber Insurance") ### Contract Requirements Risklytics calls out the first production customer data and enterprise or government contract requirements as triggers to consider coverage, and lists a typical contract ask of $1 million or more. Simply Business describes availability as an add-on only for select customers, dependent on state and business details. Ask whether the proposed limit satisfies each customer contract and whether the add-on is available for the applicant. [4](https://www.risklytics.ai/lines/cyber/ "Cyber Liability Insurance") [7](https://www.simplybusiness.com/terms-conditions/ "Terms of Service") ### Application and Terms Risklytics uses an online application and says a licensed producer remains involved through binding; Simply Business gives online and phone routes but requires panel approval. Ask each for the issuing carrier, premium and fees, limit, retention and the exact coverage trigger before binding. [4](https://www.risklytics.ai/lines/cyber/ "Cyber Liability Insurance") [7](https://www.simplybusiness.com/terms-conditions/ "Terms of Service") ## What Should You Confirm in Risklytics and Simply Business Cyber Insurance Quotes? - Ask Risklytics to distinguish a covered cyber breach from an uncovered model-output error in the proposed wording and confirm whether contract-required limits are available. [4](https://www.risklytics.ai/lines/cyber/ "Cyber Liability Insurance") - Ask Simply Business whether the selected carrier will cover the company’s production customer data exposure and identify any security warranties or waiting periods in the add-on. [7](https://www.simplybusiness.com/terms-conditions/ "Terms of Service") ## Risklytics vs Simply Business Cyber Insurance Compared | Criteria | Risklytics Cyber Liability Insurance | Cyber liability coverage as an add-on through Simply Business | | --- | --- | --- | | Role in This Line | 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. [1](https://www.risklytics.ai/about/ "About Risklytics: who we are") (Evidence: Company-reported; scope: About page; describes Risklytics' brokerage model generally, restated for this line..) | Confirm in your quote. | | Issuing Insurer | Risklytics does not name the carrier that underwrites Risklytics Cyber Liability Insurance on its site. It says it places business with specialist insurers willing to write robotics, autonomy and AI risk; the issuing carrier appears on the bound policy. [4](https://www.risklytics.ai/lines/cyber/ "Cyber Liability Insurance") [1](https://www.risklytics.ai/about/ "About Risklytics: who we are") (Evidence: Company-reported; scope: Lines page and about page; no specific insurer is published for this line..) | Confirm in your quote. | | Who It’s For | 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. [4](https://www.risklytics.ai/lines/cyber/ "Cyber Liability Insurance") (Evidence: Company-reported; scope: Lines page..) | Simply Business says cyber is available as an added coverage for select businesses purchasing another business policy, with general liability, professional liability and workers’ compensation given as examples. This is not a universal availability promise. [8](https://www.simplybusiness.com/business-insurance/cyber-liability-insurance/ "Cyber Insurance") (Evidence: Company-reported; scope: Company-published cyber information for U.S. small businesses; availability and actual policy terms depend on the insurer, state and buyer..) | | Coverage Features | 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. [4](https://www.risklytics.ai/lines/cyber/ "Cyber Liability Insurance") (Evidence: Company-reported; scope: Lines page; the issued policy and declarations control actual coverage..) | The cyber page describes security-event and privacy-regulation claim types as risks that may be covered. This is company education; the policy determines coverage, limits, triggers and exclusions. [8](https://www.simplybusiness.com/business-insurance/cyber-liability-insurance/ "Cyber Insurance") (Evidence: Company-reported; scope: Company-published cyber information for U.S. small businesses; availability and actual policy terms depend on the insurer, state and buyer..) | | Limits and Retentions | Risklytics lists a typical ask of $1 million or more in enterprise contracts for this line. [4](https://www.risklytics.ai/lines/cyber/ "Cyber Liability Insurance") (Evidence: Company-reported; scope: Lines page; actual limits are set on the bound policy..) | Confirm in your quote. | | Risk Services | 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. [4](https://www.risklytics.ai/lines/cyber/ "Cyber Liability Insurance") (Evidence: Company-reported; scope: Lines page..) | Confirm in your quote. | | How to Apply | 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. [5](https://www.risklytics.ai/pricing/ "How pricing and broker fees work") [1](https://www.risklytics.ai/about/ "About Risklytics: who we are") (Evidence: Company-reported; scope: Pricing page describes the general application and fee process, not a line-specific form..) | The page lists a phone quote route for cyber and also describes an online quote tool. Its Terms say availability varies by state, insurer and business details and binding requires panel-member approval. [8](https://www.simplybusiness.com/business-insurance/cyber-liability-insurance/ "Cyber Insurance") [7](https://www.simplybusiness.com/terms-conditions/ "Terms of Service") (Evidence: Company-reported; scope: Company-published cyber information for U.S. small businesses; availability and actual policy terms depend on the insurer, state and buyer..) | ## Related Pages for Risklytics vs Simply Business Cyber Insurance - [Risklytics vs Simply Business](https://spot.insure/compare/risklytics-vs-simply-business): all coverage lines, business roles, service and claims. - [What Is Cyber Insurance?](https://spot.insure/coverage/cyber): Cyber insurance can help pay covered breach response, data recovery, interruption and liability costs; vendor incidents and funds-transfer fraud need separate checks. - [Risklytics vs Simply Business Commercial Property Insurance](https://spot.insure/compare/risklytics-vs-simply-business/commercial-property) - [Risklytics vs Simply Business General Liability Insurance](https://spot.insure/compare/risklytics-vs-simply-business/general-liability) - [Risklytics vs Simply Business Inland Marine Insurance](https://spot.insure/compare/risklytics-vs-simply-business/inland-marine) - [Risklytics vs Simply Business Workers’ Compensation Insurance](https://spot.insure/compare/risklytics-vs-simply-business/workers-compensation) - [AIG vs Risklytics Cyber Insurance](https://spot.insure/compare/aig-vs-risklytics/cyber) - [AIG vs Simply Business Cyber Insurance](https://spot.insure/compare/aig-vs-simply-business/cyber) - [Alliance Risk vs Risklytics Cyber Insurance](https://spot.insure/compare/alliance-risk-vs-risklytics/cyber) - [Alliance Risk vs Simply Business Cyber Insurance](https://spot.insure/compare/alliance-risk-vs-simply-business/cyber) - [Amelia Risk vs Risklytics Cyber Insurance](https://spot.insure/compare/amelia-risk-vs-risklytics/cyber) - [Amelia Risk vs Simply Business Cyber Insurance](https://spot.insure/compare/amelia-risk-vs-simply-business/cyber) ## Sources for Risklytics vs Simply Business Cyber Insurance ### Sources About Risklytics 1. [About Risklytics: who we are](https://www.risklytics.ai/about/). Risklytics; “What we do”; Licensing: Risklytics Insurance Services, National Producer Number 22311838, resident license Massachusetts. Accessed 2026-09-23. 2. [Insurance for Frontier Tech](https://www.risklytics.ai/). Risklytics; You describe your company; One application. Written for you; footer. Accessed 2026-09-16. 3. [Terms of Service](https://www.risklytics.ai/terms/). Risklytics; Effective August 7, 2026; sections 1–5, 7, 9 and 12. Accessed 2026-09-16. 4. [Cyber Liability Insurance](https://www.risklytics.ai/lines/cyber/). Risklytics; Coverage line: Cyber Liability; Built for moments like these; When to buy; Who requires it; How hard to get; Common questions. Accessed 2026-09-23. 5. [How pricing and broker fees work](https://www.risklytics.ai/pricing/). Risklytics; Buying direct / Generic broker / Risklytics comparison table: no broker fee, commission paid by the carrier out of premium. Accessed 2026-09-23. ### Sources About Simply Business 6. [Our Small Business Insurance Story](https://www.simplybusiness.com/about-us/). Simply Business; Opening description and audience; digital marketplace, business types and U.S. service.. Accessed 2026-09-29. 7. [Terms of Service](https://www.simplybusiness.com/terms-conditions/). Simply Business; Dated June 30, 2026; §1 lines 22–28; §8 lines 87–113; §10 lines 143–149; §19 line 211.. Accessed 2026-09-29. 8. [Cyber Insurance](https://www.simplybusiness.com/business-insurance/cyber-liability-insurance/). Simply Business; Claim types lines 88–105; select-buyer add-on/phone quote lines 171–175; route and last-updated lines 389–395.. Accessed 2026-09-29. ### Sources for the Cyber Insurance Guide 9. [Cyber Insurance](https://www.ftc.gov/business-guidance/small-businesses/cybersecurity/cyber-insurance). Federal Trade Commission; Opening; First-Party and Third-Party Coverage; First-Party Coverage; Third-Party Coverage; What Should Your Cyber Insurance Policy Cover. Accessed 2026-09-16. 10. [CyberEdge specimen policy](https://www.aig.com/content/dam/aig/america-canada/us/documents/business/cyber/cyberedge-wording-sample-specimen-form.pdf). AIG; General Terms §§4–6, PDF pp.3–6; Security and Privacy §1 p.11, §2(l)/(p) p.14, §3 pp.15–18, exclusions p.18; Event Management §1 and §2(h), PDF pp.19–20. Accessed 2026-09-16. Updated 2026-09-30. Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. The comparison applies the same criteria to both providers. [Editorial policy](https://spot.insure/editorial-policy). To suggest a correction, [contact Spot](https://spot.insure/contact) with the page URL and supporting source. ## Risklytics Review Scores for 2026 Review Score: not enough ratings. Risklytics has no public customer reviews or ratings that we found, so there is no Review Score. That isn't a bad sign, just not enough to judge. Reviewed 2026-09-29. [Read the sourced review](https://spot.insure/insurance-providers/risklytics/reviews). ## Simply Business Review Scores for 2026 Review Score: 5.7 / 10 from 4 rated sources, equally weighted. Customers disagree about Simply Business. Trustpilot shows 4.3 out of 5 from 1,901 reviews, but BBB customers give it 1.95 from 20 reviews and ConsumerAffairs shows 1.0. - Trustpilot: TrustScore 4.3 (out of 5); 1901 reviews. Simply Business US Trustpilot profile. Reviews are not tied to a specific insurance line or insurer. Period: profile accessed 2026-09-29; 419 in last 12 months. Checked 2026-09-29. [Simply Business US Reviews](https://www.trustpilot.com/review/simplybusiness.com) - ConsumerAffairs: ConsumerAffairs header rating 1.0 (out of 5 (breakdown conflicts with review filters)); 148 reviews. ConsumerAffairs Simply Business page, broad business-insurance context; not line-specific. Period: page updated 2026-09-17; denominator unresolved. Checked 2026-09-29. [Simply Business Reviews](https://www.consumeraffairs.com/insurance/simply-business.html) - BBB: BBB business grade B+ (BBB letter grade). BBB profile classifies Simply Business as an insurance agency; business grade, consumer-review average and complaint ledger are separate measures, none is line-specific. Period: profile accessed 2026-09-29. Checked 2026-09-29. [Simply Business BBB Business Profile](https://www.bbb.org/us/ma/boston/profile/insurance-agency/simply-business-0021-539591); [Simply Business BBB Complaints](https://www.bbb.org/us/ma/boston/profile/insurance-agency/simply-business-0021-539591/complaints); [Simply Business BBB Customer Reviews](https://www.bbb.org/us/ma/boston/profile/insurance-agency/simply-business-0021-539591/customer-reviews) - BBB: BBB customer review average 1.95 (out of 5); 20 reviews. BBB customer-review average for the Simply Business profile (Boston, MA). Separate from the business grade. Period: BBB review page checked 2026-09-29. Checked 2026-09-29. [Simply Business BBB Customer Reviews](https://www.bbb.org/us/ma/boston/profile/insurance-agency/simply-business-0021-539591/customer-reviews) Reviewed 2026-09-29. [Read the sourced review](https://spot.insure/insurance-providers/simply-business/reviews). ## Agent and Developer Resources - [Markdown page](https://spot.insure/compare/risklytics-vs-simply-business/cyber.md) - [Developer resources](https://spot.insure/developers) - [Public MCP server](https://spot.insure/mcp) - [MCP server manifest](https://spot.insure/server.json) - [OpenAPI description](https://spot.insure/openapi.json) - [Public page index](https://spot.insure/llms.txt)