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 aim: to be the one vacation spot for industry-tailored business insurance coverage, and the continued evolution of ONE by Embroker.
Dashlane and Cowbell characterize an end-to-end cybersecurity expertise for companies. On the entrance finish, Dashlane gives 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 danger administration begins with prevention.
On the again, Cowbell’s cyber insurance coverage permits Embroker to broaden its choices, and provides prospects extra choices in relation to their danger switch strategies. Cowbell is the chief in cyber insurance coverage for SMEs, and by incorporating its coverage, we will be sure that our prospects can safe the perfect bespoke protection attainable, 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 Legislation Package deal 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 offer protection reduce uniquely to tailor prospects’ precise wants, at the absolute best worth. By way of Cowbell and Dashlane, we’re not solely in a position to assist our prospects within the occasion of a cyber breach, but additionally assist them keep away from one altogether. It’s companies like these which might be shaping the following era of insurance coverage, making getting protection simpler and actively useful to those that maintain insurance policies with us.”
This partnership announcement comes at a time of quiet warning within the enterprise neighborhood round cyber danger. In 2022, survey information discovered that 20% of venture-backed startups thought of cyber assaults their prime menace; this declined to only 14% of founders in 2023. However, cyber danger has not decreased. In truth, in robust financial occasions, cyber criminals thrive.
For extra info on this, try our most up-to-date Startup Danger Index Report.
To study extra about our partnership announcement, and to learn quotes from Dashlane, Cowbell, and Embroker CEO Ben Jennings, try the complete press launch right here.