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 objective: to be the only vacation spot for industry-tailored industrial insurance coverage, and the continued evolution of ONE by Embroker.
Dashlane and Cowbell symbolize an end-to-end cybersecurity expertise for companies. On the entrance finish, Dashlane gives Embroker’s prospects with industry-renowned cyber safety companies together with password administration and darkish net monitoring. Embroker and Dashlane share the core perception that threat administration begins with prevention.
On the again, Cowbell’s cyber insurance coverage permits Embroker to broaden its choices, and provides prospects extra choices with regards to their threat switch strategies. Cowbell is the chief in cyber insurance coverage for SMEs, and by incorporating its coverage, we are able to make sure that our prospects can safe the very best bespoke protection doable, whether or not it’s by means of an Embroker product or in any other case. To kick off the partnership, Cowbell now completes our Law Package providing. Enabled by means of an API, Cowbell’s admitted Cyber product can now be paired with our admitted LPL product, additional strengthening our unique bundle choices.
Here’s a quote from Embroker’s Chief Insurance Officer, David Derigiotis:
“These partnerships carry us further along in our mission to provide coverage cut uniquely to tailor customers’ exact needs, at the best possible price. Through Cowbell and Dashlane, we are not only able to support our customers in the event of a cyber breach, but also help them avoid one altogether. It is services like these that are shaping the next generation of insurance, making getting coverage easier and actively beneficial to those who hold policies with us.”
This partnership announcement comes at a time of quiet warning within the enterprise group round cyber threat. In 2022, survey information discovered that 20% of venture-backed startups thought-about cyber assaults their prime menace; this declined to only 14% of founders in 2023. But, cyber threat has not lowered. In truth, in powerful financial instances, cyber criminals thrive.
For extra data on this, try our most up-to-date Startup Risk Index Report.
To study extra about our partnership announcement, and to learn quotes from Dashlane, Cowbell, and Embroker CEO Ben Jennings, try the total press launch right here.