DUAL Europe introduced the launch of DUAL Cyber Energetic Defend, a brand new product that mixes complete cyber insurance coverage with proactive cyber prevention providers.
It additionally has launched a brand new entity – DUAL Cyber Prevention and Response (DUAL CPR) – which gives custom-made incident prevention and administration options. This marks a major milestone in DUAL’s mission to bridge the hole between the advantages of conventional cyber insurance coverage and managed safety providers.
In partnership with two main expertise suppliers, Silverfort and Cynet, DUAL Europe stated it has delivered an built-in answer that eliminates the necessity for conventional cyber threat questionnaires for traditional SME enterprise and reduces the variety of underwriting questions for complicated accounts.
The product will supply cutting-edge id safety, powered by Silverfort, in addition to an All-in-One Cybersecurity Platform, powered by Cynet, which ensures sturdy cyber protection alongside insurance coverage protection, DUAL defined. (DUAL is the specialist underwriting arm of Howden, the London-based dealer group.)
By providing superior cybersecurity measures that cut back the probability and potential magnitude of losses, this answer allows companies that beforehand lacked ample safety to entry complete insurance coverage protection, DUAL stated, explaining that for a lot of SMEs, the price and complexity of implementing efficient cybersecurity measures have been prohibitive, with 75% of SMEs selecting to not purchase cowl, stated DUAL, quoting research published by the World Economic Forum.
SMEs additionally typically lack the sources to rent specialised cybersecurity groups or deploy refined protecting applied sciences, DUAL stated.
“Our Cyber Energetic Defend answer offers insured purchasers with end-to-end threat administration. By integrating insurance coverage with superior cybersecurity instruments like Id Menace Detection and Response, Id Safety Posture Administration, non-human id safety, and Endpoint Detection and Response, we’re serving to beforehand uninsurable firms turn into insurable,” commented Ali Khodabakhsh, head of Cyber at DUAL Europe and managing director of DUAL CPR.
“DUAL Cyber Energetic Defend isn’t simply an insurance coverage coverage – it’s a holistic answer for cyber resilience. By eradicating boundaries like prolonged questionnaires and providing proactive safety, we’re considerably enhancing threat high quality and setting a brand new commonplace within the trade,” Khodabakhsh added. “This makes it a perfect answer for first-time consumers missing adequate safety requirements and enabling us to strongly drive market penetration by opening entry to firms beforehand unable to acquire protection.”
Cynet’s All-in-One Platform offers detection, prevention, and response capabilities, together with endpoint safety, community analytics, and consumer conduct monitoring. It allows firms to:
- Defend endpoints, customers, and networks from malware, ransomware, and insider threats,
- Monitor electronic mail safety and SaaS/cloud purposes for vulnerabilities, and
- Automate incident response and remediation with 24×7 managed detection and response.
“Cynet’s mission has at all times been to simplify cybersecurity for resource-constrained organizations” stated Eyal Gruner, Cynet’s CEO & founder. “Because of this modern strategy to combining our expertise with insurance coverage, we’re offering firms with a strong and accessible answer for complete safety.”
The Silverfort Id Safety Platform breaks down the silos of id infrastructure to create a safety layer that protects each id, in all places – within the cloud or on-prem, human or machine, and even legacy programs and sources that have been by no means protected earlier than. The result’s always-on safety with steady visibility, inline safety, and real-time response.
Its core expertise intercepts illegitimate entry requests – in real-time – not after an authentication has gone by, denying requests as they occur, or routing them to a conditional secondary MFA if desired.
“Silverfort is very context-aware, and turns into a safety layer throughout your Id and entry administration infrastructure, detecting anomalous conduct, imposing common MFA, enabling conditional entry – with out complexity,” in line with Leslie Bois, vice chairman World Channels, Silverfort.
About DUAL
DUAL Group is among the world’s largest worldwide underwriting companies with US$3.2 billion of GWP, working with a world community of 11,000 dealer companions, 70 service companions, and greater than 1,800 individuals. DUAL Europe, established in 2022, now operates in 13 nations from 19 places, with greater than 350 individuals.
Subjects
Cyber
Europe
New Markets
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