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Cyberwrite and Howden shake up cyber insurance together.

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Article Summary

TLDR:

– Cyberwrite and Howden have partnered to revolutionize cyber insurance by providing actionable insights into cyber threats for clients.

– Cyberwrite specializes in simple cyber risk reports, while Howden brings global expertise in insurance and risk management.

Full Article:

Cyberwrite, a pioneering cyber insurance platform, has partnered with Howden to create actionable insights into cyber threats for clients. The collaboration aims to revolutionize the approach to cyber insurance by empowering brokers with the insights and resources necessary to effectively communicate cyber risks to Howden clients. This will enable businesses to make informed decisions to protect their digital assets and operations. By leveraging their respective expertise and capabilities, both companies are poised to enhance cyber risk management and provide comprehensive solutions to businesses globally.

Cyberwrite specializes in providing simple cyber risk reports with insights into cyber insurance, offering brokers the tools to assess the probability of a breach and gauge its potential economic repercussions. Through advanced analytics AI and cutting-edge technology, the firm enables brokers to offer tailored recommendations for enhancing cyber defenses and identifying potential regulatory gaps, increasing the chances of the business getting the policy they need and reducing the probability of a cyber breach. Howden, recognized for its expertise as a global insurance and risk advisor in the fields of broking, risk management, underwriting, and reinsurance, provides solutions for businesses across diverse industries and brings a wealth of experience and global reach to the collaboration.

Nir Perry, founding CEO at Cyberwrite, stated, “We are excited to partner with Howden to enhance cyber risk quantification and mitigation for businesses worldwide. Together, we will equip brokers with the tools and knowledge they need to navigate the evolving cyber threat landscape and provide their clients with comprehensive AI-driven risk management solutions.” Shay Simkin, Global Cyber Insurance Lead at Howden, added, “We are delighted to collaborate with Cyberwrite to strengthen our cyber risk offerings. This partnership underscores our commitment to delivering innovative solutions that address the evolving needs of our clients and help them effectively manage cyber risks. Different parts of the group have been utilizing Cyberwrite since 2019, and expanding this collaboration to a global level is the natural next step to bring cyber resiliency to millions of businesses worldwide.”

Overall, the partnership between Cyberwrite and Howden represents a significant step in enhancing cyber insurance offerings by providing cutting-edge insights and resources to businesses globally, ultimately improving cyber risk management and resilience.


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