The Trium Cyber Offering is the first of its kind from growing syndicate leveraging HITRUST’s proven relevance and reliability in cyber risk management
FRISCO, Texas, May 16, 2024 /PRNewswire/ — HITRUST, the leader in enterprise risk management, information security, and compliance assurances, today announced a groundbreaking partnership with Trium Cyber, a specialty insurance underwriter. This collaboration introduces a new cyber insurance product exclusively available to HITRUST-certified customers, setting a new standard in the alignment of information risk assurances and insurance underwriting.
The innovative insurance product, initially available for HITRUST r2 certified entities, is designed to address the growing complexities and inconsistencies in the cyber insurance market. Organizations seeking insurance face increasing difficulties with qualifying, fluctuating rates, and a burdensome application process. In contrast, insurers have struggled to accurately understand and underwrite cyber risks due to inadequate and non-standardized assessment approaches.
Trium’s decision to partner with HITRUST is based on the program’s robust controls framework and assurance…
