As we speak, we’re saying our partnership with SecurityScorecard, a famend authority in cybersecurity scores. In becoming a member of forces, our two organizations proceed to enhance the insurance coverage shopping for course of for companies by integrating cybersecurity hygiene straight into the method.
This partnership is a win for policyholders as corporations with an A grade from SecurityScorecard at the moment are eligible for as much as a ten% low cost on their Expertise E&O/Cyber Legal responsibility insurance policies. To see should you qualify, get your free SecurityScorecard account here.
A Fusion of Experience
Embroker’s popularity for progressive insurance coverage options merges seamlessly with SecurityScorecard’s experience in cybersecurity evaluation. This collaboration is underpinned by a shared imaginative and prescient of elevating cyber safety and offering companies with the instruments they should thrive in an more and more digital world.
SecurityScorecard’s scores are a trusted measurement of cybersecurity danger. Organizations with an “A” ranking from SecurityScorecard have been proven to be 7.7 occasions much less prone to be breached versus these with an “F” ranking. Together with Embroker’s experience in cyber legal responsibility insurance coverage, this partnership creates a complete answer for companies to handle their cyber danger.
Key Advantages of the Partnership
The alliance between Embroker and SecurityScorecard introduces two pivotal benefits for shoppers in search of cyber legal responsibility insurance coverage:
Streamlined Insurance coverage Utility Course of
Because of this partnership, companies making use of for know-how errors and omissions and cyber legal responsibility insurance coverage via Embroker will expertise a streamlined utility course of. Embroker, via a digital integration with SecurityScorecard, can cut back the variety of questions usually required throughout the utility part. This not solely saves time but additionally ensures a extra correct evaluation of an organization’s danger profile.
How It Enhances the Expertise:
- Simplified Utility: Fewer questions. By realizing your cybersecurity hygiene ranking from SecurityScorecard, Embroker can ship a streamlined, simple utility course of.
- Correct Danger Evaluation: Extra tailor-made coverage options. Primarily based on SecurityScorecard’s complete cybersecurity scores, Embroker can extra precisely ship corporations the protection they want for the place they’re.
Steady Cyber Well being Monitoring
A standout function of this partnership is the combination of steady cyber well being monitoring over the time period of the insurance coverage coverage. Embroker, using the insights supplied by SecurityScorecard, will have the ability to monitor and handle potential digital safety considerations all through the coverage’s length to offer solutions for additional enhancements and digital protections.
Benefits of Steady Monitoring:
- Proactive Danger Administration: Hourly, every day, and weekly monitoring permits for instant identification and response to rising cybersecurity threats.
- Dynamic Coverage Adjustment: Insurance coverage protection might be adjusted dynamically in response to adjustments in an organization’s cyber well being profile.
Business-Extensive Implications
By intertwining cybersecurity evaluation with insurance coverage choices, Embroker and SecurityScorecard are setting a brand new customary for business insurance coverage.
Uplevlelling Insurance coverage Practices
The mixing of cybersecurity scores into the insurance coverage utility course of and the supply of ongoing cyber-health monitoring are poised to develop into essential within the business insurance coverage business. This method promotes a extra knowledgeable and responsive insurance coverage panorama.
Enhancing Cybersecurity Consciousness
The partnership underscores the vital function of steady cybersecurity vigilance. It highlights how integral cybersecurity isn’t just for operational safety but additionally for monetary and reputational safety.
Transferring Ahead
The collaboration between Embroker and SecurityScorecard is a testomony to each corporations’ dedication to innovation and excellence.
This partnership between Embroker and SecurityScorecard is greater than a collaboration; it’s a dedication to reworking how companies method and handle digital danger. It’s a step in direction of a future the place cybersecurity and insurance coverage are intrinsically linked, offering companies the boldness to navigate the digital panorama safely and efficiently.
To see should you qualify, get your free SecurityScorecard account here.
