On July 25, 2023, Embroker formally introduced partnerships with password supervisor Dashlane, and cyber insurance coverage supplier Cowbell. These partnerships are a shining instance of Embroker’s aim: to be the only vacation spot for industry-tailored industrial insurance coverage, and the continued evolution of ONE by Embroker.
Dashlane and Cowbell characterize an end-to-end cybersecurity expertise for companies. On the entrance finish, Dashlane supplies Embroker’s clients with industry-renowned cyber safety companies together with password administration and darkish internet monitoring. Embroker and Dashlane share the core perception that danger administration begins with prevention.
On the again, Cowbell’s cyber insurance coverage permits Embroker to increase its choices, and provides clients extra choices on the subject of their danger switch strategies. Cowbell is the chief in cyber insurance coverage for SMEs, and by incorporating its coverage, we will be sure that our clients can safe one of the best bespoke protection potential, whether or not it’s by an Embroker product or in any other case. To kick off the partnership, Cowbell now completes our Regulation Bundle providing. Enabled by an API, Cowbell’s admitted Cyber product can now be paired with our admitted LPL product, additional strengthening our unique bundle choices.
Right here’s a quote from Embroker’s Chief Insurance coverage Officer, David Derigiotis:
“These partnerships carry us additional alongside in our mission to supply protection reduce uniquely to tailor clients’ actual wants, at the very best worth. By way of Cowbell and Dashlane, we aren’t solely capable of help our clients within the occasion of a cyber breach, but in addition assist them keep away from one altogether. It’s companies like these which are shaping the subsequent technology of insurance coverage, making getting protection simpler and actively useful to those that maintain insurance policies with us.”
This partnership announcement comes at a time of quiet warning within the enterprise group round cyber danger. In 2022, survey information discovered that 20% of venture-backed startups thought-about cyber assaults their high risk; this declined to only 14% of founders in 2023. However, cyber danger has not diminished. The truth is, in powerful financial instances, cyber criminals thrive.
For extra data on this, try our most up-to-date Startup Danger Index Report.
To study extra about our partnership announcement, and to learn quotes from Dashlane, Cowbell, and Embroker CEO Ben Jennings, try the complete press launch right here.