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Jencap Named Exclusive Distribution Partner for SYBA

Nov 22, 2024

Innovative Cybersecurity Platform is Gamechanger For High-Net-Worth Individuals

New York, NY November 22, 2024 – Jencap Group, one of the nation’s largest wholesalers, is thrilled to partner with SYBA, a pioneering cyber risk management platform, as their exclusive distribution partner for high-net-worth individuals and family offices.

SYBA offers an innovative, first of its kind cybersecurity product that combines proactive cybersecurity monitoring with reactive cybersecurity insurance coverage to combat the rising tide of cyber threats targeting affluent households.  

Jencap will work with their retail agency partners nationwide to offer their affluent clients and family offices the most advanced protection against a range of digital threats, all conveniently available under one stand alone solution, so they can attain true cyber resilience.

“Cyber criminals are increasingly targeting high net worth individuals and family offices, and the risk has become undeniable,” says Brigitte Vantieghem, CEO and Co-Founder, SYBA. “Nearly 40% of them lack effective cybersecurity plans, leaving them vulnerable, and more than a third have reported financial losses due to cyberattacks.”

This product delivers unmatched cybersecurity and insurance features, including:

  • Proactive monitoring capabilities that respect privacy and focus on the home environment rather than individual devices.
  • Highest available coverage limit of $5 million, extending to family members, household staff, and affiliated LLCs.
  • All household members are covered under a single, convenient contract.
  • A stand-alone solution that doesn’t require bundling with other insurance policies, making it accessible to a broader range of clients without a minimum wealth threshold.

“For retail agents, SYBA introduces a new revenue stream and meets the growing demand for personal cyber security services in a world where traditional methods are increasingly insufficient,” says Jencap’s Senior Vice President and SYBA Program Lead, Anthony Manna.  “This product underscores Jencap’s commitment to addressing emerging risks for our clients. By offering this comprehensive cybersecurity solution, Jencap and our retail partners will empower affluent individuals to protect their assets, reputation, and well-being against an array of digital threats.”

Please visit Jencap’s SYBA page for more information. 

About Jencap Group

Jencap is one of the largest wholesalers in the U.S. with notable industry-leading expertise in wholesale brokerage, binding authority, and program management. Its specialized divisions and affiliate organizations provide niche underwriting prowess, broad market access, and nationwide influence. Headquartered in New York, Jencap leverages its collective power to exceed the expectations of more than 20,000 independent agency partners. For more, visit JencapGroup.com.

Jencap Group
Kathryn Smith
Managing Director of Marketing
Kathryn Smith

Kathryn Smith

Jencap's Managing Director of Marketing, Kathryn Smith, has dedicated her entire career to the insurance industry. A diverse background equips Kathryn with a unique 360-degree perspective, having experienced the industry from all angles: agency, carrier, and wholesaler. She consistently produces award-winning marketing content and hosts the Jencap insurance podcast, "Flip the Cap."

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