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 immediately 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 in the event you qualify, get your free SecurityScorecard account right here.
A Fusion of Experience
Embroker’s status 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 scores are a trusted measurement of cybersecurity threat. Organizations with an “A” score from SecurityScorecard have been proven to be 7.7 instances much less prone to be breached versus these with an “F” score. Together with Embroker’s experience in cyber legal responsibility insurance coverage, this partnership creates a complete answer for companies to handle their cyber threat.
Key Advantages of the Partnership
The alliance between Embroker and SecurityScorecard introduces two pivotal benefits for purchasers looking for cyber legal responsibility insurance coverage:
Streamlined Insurance coverage Software Course of
Because of this partnership, companies making use of for expertise errors and omissions and cyber legal responsibility insurance coverage by Embroker will expertise a streamlined utility course of. Embroker, by a digital integration with SecurityScorecard, can cut back the variety of questions sometimes required in the course of the utility section. This not solely saves time but additionally ensures a extra correct evaluation of an organization’s threat profile.
How It Enhances the Expertise:
- Simplified Software: Fewer questions. By understanding your cybersecurity hygiene score from SecurityScorecard, Embroker can ship a streamlined, simple utility course of.
- Correct Danger Evaluation: Extra tailor-made coverage options. Based mostly 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 characteristic 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 be capable of monitor and tackle potential digital safety issues all through the coverage’s period to offer options for additional enhancements and digital protections.
Benefits of Steady Monitoring:
- Proactive Danger Administration: Hourly, day by day, and weekly monitoring permits for rapid identification and response to rising cybersecurity threats.
- Dynamic Coverage Adjustment: Insurance coverage protection will be adjusted dynamically in response to modifications in an organization’s cyber well being profile.
Trade-Large Implications
By intertwining cybersecurity evaluation with insurance coverage choices, Embroker and SecurityScorecard are setting a brand new commonplace for industrial 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 grow to be needed within the industrial insurance coverage business. This method promotes a extra knowledgeable and responsive insurance coverage panorama.
Enhancing Cybersecurity Consciousness
The partnership underscores the crucial position of steady cybersecurity vigilance. It highlights how integral cybersecurity will not be just for operational safety but additionally 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 remodeling how companies method and handle digital threat. It’s a step in direction of a future the place cybersecurity and insurance coverage are intrinsically linked, offering companies the arrogance to navigate the digital panorama safely and efficiently.
To see in the event you qualify, get your free SecurityScorecard account right here.