Broker Insurance Solutions
The cyber insurance sector is rapidly evolving with business coming to realise that technology defences against cyber and online related risks are not enough by themselves. Additional specific insurances are required to manage the increasing financial risks of cyber breach and related incidents.
CIS realises that keeping up with cyber risks is a full time discipline which is outside the traditional focus of insurance brokers. Brokers are adapting to this changing risk environment and require additional products and services to provide their clients with the tools and resources they need to manage the cyber risks they face in their business operations every day.
Our focus is assessing and managing cyber risks and provide insurance brokers with services to offer broad cyber indemnity coverage to clients, lower loss ratios for insurers and improve client retention for our broker partners.
CIS offers insurance brokers insurer backed products and services to manage their clients cyber related risks with higher indemnities and lower expense and claims ratios.
Pre-engineered, full indemnity policies for permanent data loss.
To overcome the challenge of insuring data, CIS developed a new underwriting concept that allows insurance companies to offer high indemnity, broad coverage insurance to compensate data owners for the financial impact if data is permanently lost.
Successfully operating for several years through our partner channels, our Data Insurance policy combines advanced global data security protocols, loss prevention procedures and technology services.
Cyber Risk Assessment
Multi discipline online cyber risk assessment tools for insurers and brokers.
Brokers need tools to assess cyber risk across many functions of their client business operations. Without a clear understanding of how an organisation is currently managing continually evolving cyber risks, a business will be exposed in certain critical risk areas.
CIS has developed cyber assessment tools that our broker partners can use to perform indemnity risk analysis to determine business cyber security strengths and weaknesses and help them find an efficient indemnity strategy.
Regional on-line insurer cyber information and pre and post incident resource.
Brokers can easily provide a single online resource to their cyber policy clients to keep abreast of evolving cyber risks, information and news, staff training and assessments resources. This service is provided by a leading cyber risk management organisation and maintained in across the asia pacific region by CIS.
Our partners can provide this ‘white label’ service to their clients with very low resource requirement.
Ecosystem of cyber partners with regional cyber expertise.
Cyber risk mitigation encompasses many business disciplines that require a coordinated response strategy tailored to specific client risks and circumstances.
CIS founded Crimson Risk to deliver regional cyber risk mitigation services including legal, IT security, forensic accounting and people management services. Our broker partners are invited to use specialist cyber risk services.