Verisk, BlueVoyant Forge Strategic Partnership to Drive Cyber Risk Insights for Insurance Organizations
Exclusive Partnership Enables Verisk Cyber Solutions to Deliver Unparalleled Cyber Risk Data and Analytics to Insurance Industry
Verisk (Nasdaq: VRSK), a leading data and analytics company, and BlueVoyant, a cybersecurity services company, have announced a strategic partnership that will enable Verisk to exclusively offer insights driven by BlueVoyant’s industry-leading cybersecurity monitoring technology to insurers through the Verisk Cyber Solutions Suite.
Unlike many traditional insurance risks, cyber risks are often extremely difficult for many insurers to quantify through conventional measures, such as questionnaires and inspections. Cyber risks, in general, can also contribute to major loss events, as many businesses rely on the same operating, email, and cloud-based systems. By integrating BlueVoyant’s risk data, technology, and expertise into its cyber solutions, Verisk can deliver real-time analytics on critical metrics that can help reveal the cyber risks faced by prospects and those currently insured.
Verisk’s Cyber Solutions Suite is an end-to-end ecosystem built on a database with information from more than 100 million worldwide businesses. The suite provides a wide range of products and services, including advisory policy language, advisory prospective loss costs, underwriting analytics and scoring, exposure management, aggregation modeling, and workflow capabilities.
BlueVoyant is an expert-driven cybersecurity services company whose mission is to proactively defend organizations of all sizes against today’s constant, sophisticated attackers and advanced threats. Led by CEO, Jim Rosenthal, BlueVoyant’s highly skilled team includes former government cyber officials with extensive frontline experience in responding to advanced cyber threats on behalf of the National Security Agency, Federal Bureau of Investigation, Unit 8200 and GCHQ, together with private sector experts. BlueVoyant services utilize large real-time datasets with industry-leading analytics and technologies.
Founded in 2017 by Fortune 500 executives, including Executive Chairman Tom Glocer and former Government cyber officials, BlueVoyant is headquartered in New York City and has offices in Maryland, Tel Aviv, San Francisco, Manila, Toronto, London and Latin America. For more information, please visit www.bluevoyant.com.
Source: Verisk Press Release