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Launch Cyber Insurance Support Services

Leverage technology service capabilities to meet cyber insurance needs.

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  • Insured customers need trusted partners to manage premium costs, renew coverage, and monitor cyberthreats in an evolving landscape.
  • Insurers increasingly rely on third-party technology service providers (TSPs) to validate security controls, manage incidents, investigate claims, and scrutinize your delivery.
  • The presence of many unknown unknowns, driven by the increased use of AI, is rapidly complicating cyberthreats. Insurers are increasing their expectation of due diligence as AI-driven attack vectors become more common.

Our Advice

Critical Insight

Monetize the need to make organizations insurable by becoming the trusted partner of policyholders. Contribute to key cyber insurance activities by providing added value during policy selection, risk assessment, underwriting, policy implementation, incident response, claims management, and policy renewal.

Impact and Result

  • Align your cyber insurance support services with the cyber insurance lifecycle. Specifically define your role as a trusted cyber insurance enabler and support your customers throughout the course of the insurance contract.
  • Use cyber insurance as a catalyst to sell and grow your cybersecurity offerings.
  • Leverage Info-Tech’s suite of tools to develop your capabilities and leverage your membership to successfully grow your business.

Launch Cyber Insurance Support Services Research & Tools

1. Launch Cyber Insurance Support Services Storyboard – Understand the service capabilities needed to contribute to key cyber insurance activities.

Provide advisory and cybersecurity services during risk assessment, policy selection, underwriting, policy implementation, incident response, claims management, and policy renewal.

2. Cyber Insurance Service Capabilities Gap Analysis Tool – Review service capabilities and establish goals.

Identify barriers and challenges and create an action plan based on your specific needs.

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Leverage technology service capabilities to meet cyber insurance needs.

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Each call will focus on explaining the material and helping you to plan your project, interpret and analyze the results of each project step, and set the direction for your next project step.

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Author

Justin St-Maurice

Contributors

  • Shea Cole, Chief Marketing Officer, Field Effect
  • Scott Hillberg, Transformation Consultant, Sirius Computer Solutions
  • Jared Leushen, Practice Leader, Blue Tree Technology Group
  • Gaidar Magdanurov, President, Acronis
  • Stephen Matusiak, Chief Technology Officer, HD Mutual Insurance
  • Libby Robinson, Director, Partner Marketing, Field Effect
  • Peter Meyers, Chief Marketing Officer, MSS Business Transformation

Search Code: 106248
Last Revised: November 21, 2024

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