Right this moment, we’re saying our partnership with SecurityScorecard, a famend authority in cybersecurity rankings. 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 instantly into the method.
This partnership is a win for policyholders as corporations with an A grade from SecurityScorecard are actually eligible for as much as a ten% low cost on their Know-how E&O/Cyber Legal responsibility insurance policies. To see for those who qualify, get your free SecurityScorecard account here.
A Fusion of Experience
Embroker’s repute for modern 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 rankings are a trusted measurement of cybersecurity danger. Organizations with an “A” ranking from SecurityScorecard have been proven to be 7.7 instances much less more likely 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 purchasers in search of cyber legal responsibility insurance coverage:
Streamlined Insurance coverage Software Course of
Due to this partnership, companies making use of for know-how errors and omissions and cyber legal responsibility insurance coverage by means of Embroker will expertise a streamlined software course of. Embroker, by means of a digital integration with SecurityScorecard, can cut back the variety of questions usually required through the software section. This not solely saves time but in addition ensures a extra correct evaluation of an organization’s danger profile.
How It Enhances the Expertise:
- Simplified Software: Fewer questions. By realizing your cybersecurity hygiene ranking from SecurityScorecard, Embroker can ship a streamlined, easy software course of.
- Correct Danger Evaluation: Extra tailor-made coverage options. Primarily based on SecurityScorecard’s complete cybersecurity rankings, 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 mixing of steady cyber well being monitoring over the time period of the insurance coverage coverage. Embroker, using the insights offered by SecurityScorecard, will have the ability to monitor and handle potential digital safety issues all through the coverage’s period to offer recommendations for additional enhancements and digital protections.
Benefits of Steady Monitoring:
- Proactive Danger Administration: Hourly, day by day, and weekly monitoring permits for instant identification and response to rising cybersecurity threats.
- Dynamic Coverage Adjustment: Insurance coverage protection could be adjusted dynamically in response to adjustments in an organization’s cyber well being profile.
Trade-Huge Implications
By intertwining cybersecurity evaluation with insurance coverage choices, Embroker and SecurityScorecard are setting a brand new commonplace for business insurance coverage.
Uplevlelling Insurance coverage Practices
The combination of cybersecurity rankings into the insurance coverage software course of and the availability of ongoing cyber-health monitoring are poised to develop into obligatory within the business insurance coverage trade. This strategy promotes a extra knowledgeable and responsive insurance coverage panorama.
Enhancing Cybersecurity Consciousness
The partnership underscores the important position of steady cybersecurity vigilance. It highlights how integral cybersecurity isn’t just for operational safety but in addition for monetary and reputational safety.
Shifting 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 strategy 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 for those who qualify, get your free SecurityScorecard account here.
