Canopius signs market-first partnership with Group-IB to strengthen cyber offering

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SINGAPORE, April 15, 2024 /PRNewswire/ — Canopius Group, a leading global specialty (re)insurer, today announces its partnership with Group-IB, a leading creator of cybersecurity technologies. This partnership strengthens Canopius’ cyber insurance offering with further advanced threat intelligence capabilities.

As Group-IB’s first full-service partnership with a Lloyd’s of London syndicate, the collaboration will provide Canopius policyholders with an additional level of protection and threat intelligence. The new offering includes enhanced risk assessments, real-time threat notifications, and informed strategies for threat mitigation.    

Canopius’ underwriters will now have enhanced capabilities to assess the likelihood of cyber risks and conduct comprehensive risk assessments, providing quantitative insight into the financial benefits of security measures. This advancement will allow for the provision of more precise and cost-effective coverage to Canopius’ clients. Canopius will extend this expertise and these new capabilities to their policyholders through detailed threat reports and their catalogue of proactive cyber services.

Canopius’…

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