Converge Insurance LLC (Converge Insurance (USA))
ConvergeElements™
by Converge Insurance LLC
B2BA++MGA—Broker onlyUSAEnglish
Last updated 15.05.2026
Product Details§ 01
Max Insurance Limit
Bespoke.
Min Premium / Revenue
Revenue up to $100M; SME and mid-market; all industries.
Market Focus
SME
Coverage
Cyber crime / FTF, Primary & excess
AM Best Rating
A++ (Superior) – AM Best (QBE North America; primary capacity).
MGA / Direct
Yes – MGA (Converge acting as program administrator for QBE / Obsidian).
Policy Language
English
NIS2 / DORA Support
Not applicable.
War Exclusion
War and nation-state cyber exclusion applied (LMA-aligned).
Geographic Scope
USA.
Broker Only
Yes
Advantages & Limitations§ 02
Advantages
- Converge: specialist cyber MGA; New York-based; founded 2022; adversary-focused underwriting methodology; SOC 2 Type I compliant.
- Proprietary technology platform: ingests data from applications, external system scans, underwriting/claims workspaces, insured/broker portals, analytics workspaces.
- In-house cyber security experts on staff; in-house dedicated claims team.
- Converge Fusion Report: proprietary pre-loss risk assessment delivered to all policyholders.
- Capacity: QBE North America (A++ AM Best; primary capacity provider) + Obsidian Insurance Group (expanded to $1B revenue, Feb 2025; backed by panel of top reinsurers).
- Non-admitted (E&S) basis via QBE North America's insurance companies.
- API access: brokers can access cyber coverage and manage claims directly via Converge API.
- ConvergeElements™: comprehensive cyber policy; customizable based on unique exposures; primary and excess placements available; Converge Fusion Report included.
Limitations
- Primary and excess cyber coverage via select agents and brokers.
- Revenue up to $100M.
- USA only (E&S non-admitted).
- Broker/wholesale distribution.
Contact & Response§ 03
Customer Contact
firstnoticeofloss@convergeins.com
24/7 Crisis Hotline
firstnoticeofloss@convergeins.com (claims)
Broker Contact