Acrisure joins forces with Coalition for SME cyber risk

Global insurer Acrisure has partnered with provider of cyber insurance security Coalition to launch a cyber risk assessment.

Acrisure’s Cyber Services division will offer the Coalition risk Assessment. The company said this is designed to help small and midsize organisations understand their cyber and digital risk exposure. The risk assessment offers a personalised view into an organisation’s cyber vulnerabilities and subsequent recommendations to remediate issues. From there, clients can work with Acrisure to obtain security, insurance and recovery solutions to boost resiliency and prevent costly attacks.

Bill Meara, Acrisure Cyber Services president, said a ransomware attack occurs every 14 seconds and financial loss and cybersecurity insurance claims are at an all-time high. He added that unfortunately, small to mid-size companies are both more susceptible to risk and less likely to be prepared.

“Every business faces the daily, looming threat of a cyberattack and no two companies have the same risk profile. Coalition’s active risk assessment technology enables Acrisure to offer the level of personalization and sophistication businesses need to be resilient in the face of unprecedented and increasing risk,” said Meara.

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