{"id":5891,"date":"2019-02-06T16:17:19","date_gmt":"2019-02-06T16:17:19","guid":{"rendered":"https:\/\/fintech.global\/digitalinsurtechforum\/?p=5891"},"modified":"2019-02-06T16:17:19","modified_gmt":"2019-02-06T16:17:19","slug":"swiss-re-corporate-launches-new-cyber-insurance-policy","status":"publish","type":"post","link":"https:\/\/fintech.global\/digitalinsurtechforum\/swiss-re-corporate-launches-new-cyber-insurance-policy\/","title":{"rendered":"Swiss Re Corporate launches new cyber insurance policy"},"content":{"rendered":"<p><strong>Swiss Re Corporate Solutions has developed a new cyber insurance product in conjunction with French cybersecurity company OZON.<\/strong><\/p>\n<p>CyberSolution 360 is a risk management solution which combines insurance with cyberattack prevention services. This new service has been designed specifically for small and medium-sized enterprises with 10 to 250 employees and to help them manage their cyber and digital risks.<\/p>\n<p>The new cyber insurance policy has cover for cyber incident management including costs such as data recovery fees, legal advice fees or administrative penalties; first party losses including the loss of income; as well as third party claims, such as damages under an SME`s privacy liability.<\/p>\n<p>The cybersecurity protection services can be integrated with any platform used by SMEs. It is a dynamic protection system which adapts to new cyber threats and targets three key points, websites, emails and endpoints.<\/p>\n<p>Swiss Re head of cyber technology Fran\u00e7ois Brisson said, &#8220;By combining cyber insurance with protection services, we&#8217;re able to help European SMEs better manage their cyber risk. CyberSolution 360\u00b0 reduces both the likelihood and the impact of a cyber-attack, and therefore gives SMEs better protection for growing their business safely.&#8221;<\/p>\n<p>This new service is already available in France and is expected to launch in other European markets later in the year.<\/p>\n<p>OZON CEO and founder Regis Rocroy said, &#8220;With CyberSolution 360\u00b0, we are making a paradigm shift, moving from the one-time assessment of cyber risks to the integrated and continuous management of cyber and digital risks for SMEs. This innovation is our first step into the InsurTech market.&#8221;<\/p>\n<p>Earlier in the week, CoverHound, an online insurance platform, pulled in $58m for its latest round of funding. Part of the proceeds from the round are being used to support the development of its cyber insurance platform.<\/p>\n<p>Copyright \u00a9 2019 FinTech Global<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiss Re Corporate Solutions has developed a new cyber insurance product in conjunction with French cybersecurity company OZON. CyberSolution 360 is a risk management solution which combines insurance with cyberattack prevention services. This new service has been designed specifically for small and medium-sized enterprises with 10 to 250 employees and to help them manage their&#8230; <\/p>\n<div class=\"clear\"><\/div>\n<p><a href=\"https:\/\/fintech.global\/digitalinsurtechforum\/swiss-re-corporate-launches-new-cyber-insurance-policy\/\" class=\"gdlr-info-font excerpt-read-more\">Read More<\/a><\/p>\n","protected":false},"author":10,"featured_media":5892,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/posts\/5891"}],"collection":[{"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/comments?post=5891"}],"version-history":[{"count":0,"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/posts\/5891\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/media\/5892"}],"wp:attachment":[{"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/media?parent=5891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/categories?post=5891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/tags?post=5891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}