Bundling Cybersecurity Protection and Risk Transfer Together: What are the Benefits?

Cyber crime costs organizations an estimated $400 billion every year, and this number is growing fast.

With an ever-increasing need for cybersecurity, insurers and cybersecurity vendors are exploring new ways to create innovative product offerings. Bundling a cybersecurity solution with an insurance offering for an organization to gain protection against cyber threats and also transfer cyber risk is one such novel approach. The joint solution offers tremendous benefits to customers and vendors.

Earlier this year, Symantec Cyber Insurance partnered with Chubb and CoverHound to offer a consolidated cyber insurance product tailored for SMBs.

This webinar provides a closer outlook of these emerging relationships. Panelists discussed the benefits of this new holistic approach to address cybersecurity challenges. They also analyzed its ability to mitigate insurance claims, enable customers with a strong security posture, access qualified prospects and differentiate insurance products.

This free, one-hour webinar is sponsored by Symantec.

Panelists

The following panelists participated in the webinar:

• Dave Gillmore, Director of Business Development, Cyber Insurance, Symantec
• Anita Sathe, General Manager of Commercial/CyberPolicy, Coverhound
• Jay Sarzen, Senior P&C Analyst, Aite Group’s Insurance
• Chad Hemenway, Managing Editor, Advisen (moderator)

Webinar Topics

The following topics were discussed:

• Benefits of bundling a cybersecurity solution with insurance
• Holistic approach to addressing cybersecurity concerns