UK-based cyber security and IT services provider Intersys has officially launched its India operations, aiming to help insurers and brokers grow their cyber insurance portfolios by improving the resilience of policyholders.
The move addresses a key challenge in India’s insurance market: assessing and pricing cyber risk for SMEs that often lack internal IT security expertise, according to InsurTech Insights.
The new Mumbai office, led by Tanmay Gore, director of Intersys India, will offer resalable cyber security services including baseline cyber risk assessments and continuous monitoring.
This enables underwriters to price and issue cyber policies with greater confidence, backed by real-time risk data.
Intersys’ integrated offering includes two services. Cyber Risk Assessments are delivered as “Cyber Security as a Service,” enabling evaluation of a client’s cyber maturity. Continuous Cyber Monitoring ensures an appropriate security posture throughout the policy term.
Matthew Geyman, managing director of Intersys, said, “Intersys clients in the UK are ten times less likely to suffer a cyber attack compared to the national average. Using cyber risk mitigation best practices developed in the UK, we’re launching Intersys India to give local brokers and underwriters the tools they need to support India’s SME corporate policyholders with practical cyber security services that directly improve their insurability. When clients are better protected, they’re a better risk – and that unlocks profitable growth for everyone.”
Dr. Prerna Tambay of Intersys India added, “There is a clear gap in the market to support India’s brokers and insurers in offering proactive cyber risk assessment and management services. Our model is proven in mature markets like the UK, where Intersys has a clear track record of embedding cyber security best practices within the insurance journey. For Indian insurance brokers and carriers, the offering unlocks new business potential among underserved mid-market corporates and supports efforts to increase cyber insurance penetration.”
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