QBE Ventures partners with Zeguro to offer cyber risk for SMEs

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QBE Insurance Group’s venture capital arm QBE Ventures has invested in Zeguro, which provides complete cybersecurity risk assessment, mitigation and insurance, allowing to easily manage cyber risk.

Zeguro closed $5m in funding from a group of investors to introduce its Cyber Safety Platform to help companies assess and mitigate their cyber risks.

Mosaik Partners led the round, which was joined by Healthy Ventures, Munich Re / HSB Ventures, QBE Ventures, Social Capital, Plug and Play, and Sparkland Capital.

QBE Ventures has also partnered with Zeguro to tackle cyber risk for small and medium (SME) sized businesses.

Through this partnership, QBE will work with Zegurop’s team to bring out a platform in North America to create an insurance product designed specifically for small and medium enterprises.

Zeguro is an online platform which enables users to automate their cybersecurity processes, detect for and manage any cyber risks to their organizations and to improve mitigation through recommendations on better cyber management across people, processes and technology.

It also supports small and medium enterprises (SMEs) in securing tailored insurance against…

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