On July 25, 2023, Embroker formally introduced partnerships with password supervisor Dashlane, and cyber insurance coverage supplier Cowbell. These partnerships are a shining instance of Embroker’s objective: to be the only vacation spot for industry-tailored industrial insurance coverage, and the continued evolution of ONE by Embroker.
Dashlane and Cowbell signify an end-to-end cybersecurity expertise for companies. On the entrance finish, Dashlane supplies Embroker’s prospects with industry-renowned cyber safety companies together with password administration and darkish internet monitoring. Embroker and Dashlane share the core perception that threat administration begins with prevention.
On the again, Cowbell’s cyber insurance coverage permits Embroker to broaden its choices, and provides prospects extra choices in terms of their threat switch strategies. Cowbell is the chief in cyber insurance coverage for SMEs, and by incorporating its coverage, we will be certain that our prospects can safe the very best bespoke protection doable, whether or not it’s by way of an Embroker product or in any other case. To kick off the partnership, Cowbell now completes our Law Package providing. Enabled by way of an API, Cowbell’s admitted Cyber product can now be paired with our admitted LPL product, additional strengthening our unique bundle choices.
Right here’s a quote from Embroker’s Chief Insurance coverage Officer, David Derigiotis:
“These partnerships carry us additional alongside in our mission to supply protection minimize uniquely to tailor prospects’ actual wants, at the very best worth. By way of Cowbell and Dashlane, we aren’t solely in a position to help our prospects within the occasion of a cyber breach, but in addition assist them keep away from one altogether. It’s companies like these which can be shaping the subsequent technology of insurance coverage, making getting protection simpler and actively helpful to those that maintain insurance policies with us.”
This partnership announcement comes at a time of quiet warning within the enterprise neighborhood round cyber threat. In 2022, survey information discovered that 20% of venture-backed startups thought-about cyber assaults their high menace; this declined to only 14% of founders in 2023. However, cyber threat has not lowered. Actually, in robust financial instances, cyber criminals thrive.
For extra data on this, try our most up-to-date Startup Risk Index Report.
To be taught extra about our partnership announcement, and to learn quotes from Dashlane, Cowbell, and Embroker CEO Ben Jennings, try the complete press launch right here.
