TEL AVIV, Israel–(BUSINESS WIRE)–Kovrr,
launched today a predictive cyber risk modeling platform empowering P&C
insurers to manage the dynamic nature of cyber risk and to underwrite it
efficiently. On a daily basis, Kovrr analyzes millions of emerging cyber
threat signals, collected from a wide range of proprietary intelligence
sources. Kovrr’s AI engine fuses structured and unstructured data
sources into actionable risk insights in real-time. The platform allows
Kovrr’s customers to confidently assess, quantify and manage their cyber
risk exposures in cyber insurance, while providing their clients
preventative risk advices.
Cyber risk poses unique opportunities and challenges to insurers. While
there is a growing demand for cyber risk coverage, insurers lack tools
that can assess the risk exposure. Insurance industry thought leaders
identified the fundamental need for advanced technologies to cope with
this dynamic risk landscape. “Cyber insurance is unique in that it can
utilize technology that can constantly monitor the risk and advise when
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