The insurance limit struggle is real. For the past 15 years. CFO’s have struggled with the intricacies of deciding what is needed for Cyber Insurance for their companies.
Being in compliance is different than being secure. CFO’s based their limits on being in compliance with third-party contracts. This led to inaccurate limits, coverage and lack of addressing additional security threats.
We took on the challenge of solving the problem and came up with a dynamic solution called CARE; Cyberinsurance Assessment and Risk Evaluation.
The program is backed by a team of seasoned professionals with extensive experience in Insurance, Security and Technology. Our Analytics Team has provided Cyber Benchmarking to hundreds of companies representing multiple industries.
A major Healthcare company is currently re-estimating their cyber breach damages from $1 billion to $2.4 billion. These expenses are caused by business interruption, data breach, and 3rd party damages.
Several recent reports are showing that over 80% of companies are underinsured with their cyber insurance. Mistakes are understandable, but guessing about your cyber liability exposure is a critical proposition.
Benchmarking takes out the guesswork!
We actively collaborate with clients and their technology partners to ensure seamless integration and alignment with their objectives.
We meticulously identify oversights within your insurance policies and processes. We guide you through this critical process to ensure comprehensive protection.
We discover the exposures in your policies and threshold limits both from a Financial and Security lens. 80% of companies are underinsured.
We provide the answers to the exposures that may have been missed or unseen by your team. You receive a true Benchmark.
Our CARE offering is designed to empower your organization with unparalleled expertise. We engage deeply with our clients, uncovering liability and security vulnerabilities.
Our comprehensive assessments and strategic planning provide a solid foundation for resilience, helping you navigate the complexities of the modern CyberInsurance and the Cybersecurity Risk landscape.
Contact us to experience your individual assessment and quantify your protection.
