Bucharest, June 21, 2023 – Leader Team Broker, a prominent player in the European niche insurance market, has achieved a remarkable milestone with a staggering 200% increase in sales of IT professional liability insurance in 2023 compared to 2021.

The surge in cyber risks and the proliferation of IT&C contracts have created an unprecedented demand for comprehensive insurance coverage in the market. Leader Team Broker, with its cutting-edge products, has successfully protected numerous companies from the potential risks associated with professional errors or omissions, data breaches, cyber attacks, GDPR fines, and third-party liability.

With a broad client base spanning 23 European countries, Leader Team’s insurance policies provide international coverage, including the United States and Canada. This extensive reach has made Leader Team Broker the go-to choice for businesses seeking robust protection tailored to their specific needs.

The company’s commitment to delivering personalized insurance solutions, tailored to each client’s industry and contractual requirements, has contributed significantly to its unparalleled success. Whether it’s small and medium-sized enterprises, IT freelancers, or large corporations, Leader Team Broker ensures that businesses of all sizes and sectors receive comprehensive coverage for their professional activities.

Commenting on this remarkable achievement, Razvan Rusu, the esteemed founder of Leader Team Broker, emphasized the increasing significance of the IT industry in our lives, both personally and professionally. He stated, “Technology has become an integral part of our lives, enabling seamless connections, efficient solutions, and substantial time and cost savings. However, with these benefits come inherent risks. Our IT professional liability insurance, fortified with Cyber Risk coverage, demonstrates our unwavering commitment to being a trusted partner to businesses in the IT sector, providing unwavering support during their most challenging moments.”

Leader Team’s comprehensive IT insurance policies encompass professional liability, general liability, cyber risk, cybercrime, as well as employer liability. These policies offer national and international coverage, providing robust protection against cyber threats, human errors, omissions, and other potential risks that could disrupt business operations.

Leader Team Broker’s exceptional reputation extends beyond IT professionals and freelancers, with the company serving as a trusted insurance partner to a diverse range of industries such as software and hardware, aviation, transportation, automotive manufacturing, and more. The company’s commitment to innovation and creativity has earned it accolades, including the prestigious “Insurance Broker of the Year” award from Corporate LiveWire, recognizing its exceptional product offerings tailored to emerging industries and addressing evolving business challenges.

As the IT industry continues to expand rapidly, Leader Team Broker anticipates a proportional growth in the IT liability insurance market, mirroring the substantial increase witnessed in the past two years. The company remains dedicated to providing unmatched protection, innovative solutions, and personalized support to meet the evolving needs of businesses in the ever-changing landscape of technology.

For more information about Leader Team Broker of Insurance and its extensive range of insurance solutions, please visit https://leaderteam.ro/.

About Leader Team Broker

Leader Team Broker is an insurance brokerage company with a presence throughout Europe and over 17 years of experience in risk management and insurance. The company ranks among the top 10 liability brokers and is recognized as one of the most innovative players in insurance brokerage, offering unique products in liability, health, cyber security, and specialized offerings for industries such as IT, naval, aviation, energy, marketing, and HR.

In both 2022 and 2021, Leader Team Broker received the “Insurance Broker of the Year” award in London, UK, at the Corporate LiveWire Awards, recognizing the level of creativity and innovation in their insurance products designed for emerging industries and addressing the new challenges of the business environment. The jury appreciated Leader Team Broker’s ability to break patterns and offer creative products for rapidly expanding industries and diverse risks.

In 2020, the company’s performance was rewarded by the publication “Piața Financiară” with the title of “Insurance Broker of the Year,” and by Financial Intelligence with the distinction of “Cyber Security Insurance of the Year 2020.”

The London-based publication “Treat Technologies,” dedicated to cybersecurity news, included Leader Team Broker in the top 20 companies worldwide that offer the best insurance solutions and products in cyber insurance. In 2017, the company received the “Most Creative Insurance Broker in Romania” award from Media XPrimm, and in 2019, it received the award for “Innovation and Digitization,” being the only brokerage company to use RPA technology for repetitive financial operations. In 2020, the company was awarded the “e-Risk” prize for the best product aimed at preventing and covering the risk of cyber attacks at the Gala e-finance, by the publication “Piața Financiară.”

Leader Team is the only insurance brokerage company that has developed the concept of iDoctor, an integrated program of national and international medical services based on a personalized insurance program.

For more details, please visit https://leaderteam.ro/. Follow us on LinkedIn: Leader Team Insurance Broker https://www.linkedin.com/company/leader-team-insurance-broker/mycompany/?viewAsMember=true