Right this moment, we’re asserting 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 firms with an A grade from SecurityScorecard at the moment are eligible for as much as a ten% low cost on their Know-how 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 fame 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 occasions 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 resolution for companies to handle their cyber threat. 

Key Advantages of the Partnership

The alliance between Embroker and SecurityScorecard introduces two pivotal benefits for purchasers searching for 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 by way of Embroker will expertise a streamlined utility course of. Embroker, by way of a digital integration with SecurityScorecard, can cut back the variety of questions usually required in the course of the utility part. This not solely saves time but in addition ensures a extra correct evaluation of an organization’s threat profile.

How It Enhances the Expertise:

• Simplified Utility: Fewer questions. By figuring out your cybersecurity hygiene score 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 firms the protection they want for the place they’re. 

Steady Cyber Well being Monitoring

A standout characteristic 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 supplied by SecurityScorecard, will be capable to observe and tackle potential digital safety issues all through the coverage’s period to offer strategies for additional enhancements and digital protections.

Benefits of Steady Monitoring:

• Proactive Danger Administration: Hourly, each day, and weekly monitoring permits for rapid identification and response to rising cybersecurity threats.
• Dynamic Coverage Adjustment: Insurance coverage protection might be adjusted dynamically in response to modifications in an organization’s cyber well being profile.

Trade-Broad 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 combination of cybersecurity scores into the insurance coverage utility course of and the supply of ongoing cyber-health monitoring are poised to change into vital within the industrial insurance coverage business. This strategy promotes a extra knowledgeable and responsive insurance coverage panorama.

Enhancing Cybersecurity Consciousness

The partnership underscores the important function of steady cybersecurity vigilance. It highlights how integral cybersecurity shouldn’t be just for operational safety but in addition for monetary and reputational safety.

Transferring Ahead

The collaboration between Embroker and SecurityScorecard is a testomony to each firms’ 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 threat. It’s a step in the 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 in the event you qualify, get your free SecurityScorecard account right here.