As cyber threats become increasingly sophisticated and widespread, the demand for innovative solutions in cyber insurance has never been greater.
Yet, the insurance industry is also struggling to keep insurance viable for many cyber companies, due to the often cascading effect a cyber attack can have on a company and all those it serves.
In response, Helvetia, Switzerland’s largest all-lines insurer, has partnered with cyber risk management platform Coinnect to redefine how it approaches cyber insurance underwriting.
Proactive cyber insurance
By integrating Coinnect’s technology, Helvetia aims to shift its focus from traditional assessment methods to a more dynamic, data-driven approach.
This collaboration allows Helvetia to monitor and assess cyber risks continuously, positioning it at the forefront of a significant change in the cyber insurance market.
Coinnect’s AI technology provides Helvetia with more sophisticated tools to enhance its underwriting capabilities.
“This partnership underlines Helvetia’s commitment to driving innovation in cyber insurance and helping our customers improve their resilience to these threats,” says Andrea Genini Helvetia’s Senior Underwriter…
