Immediately, 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 immediately 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 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 repute for progressive 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 threat. Organizations with an “A” score from SecurityScorecard have been proven to be 7.7 instances much less more likely 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

Due to this partnership, companies making use of for expertise errors and omissions and cyber legal responsibility insurance coverage via Embroker will expertise a streamlined software course of. Embroker, via 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 threat profile.

How It Enhances the Expertise:

• Simplified Utility: Fewer questions. By realizing your cybersecurity hygiene score from SecurityScorecard, Embroker can ship a streamlined, simple software course of.
• Correct Threat Evaluation: Extra tailor-made coverage options. Based mostly 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 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 offered by SecurityScorecard, will be capable to monitor and deal with potential digital safety considerations all through the coverage’s period to supply options for additional enhancements and digital protections.

Benefits of Steady Monitoring:

• Proactive Threat Administration: Hourly, day by day, and weekly monitoring permits for fast identification and response to rising cybersecurity threats.
• Dynamic Coverage Adjustment: Insurance coverage protection will 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 normal for industrial 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 turn into crucial 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 in addition for monetary and reputational safety.

Transferring 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 boldness to navigate the digital panorama safely and efficiently.

To see in the event you qualify, get your free SecurityScorecard account right here.