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 business 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 providers 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 prospects extra choices in the case of their danger switch strategies. Cowbell is the chief in cyber insurance coverage for SMEs, and by incorporating its coverage, we will be certain that our prospects can safe the very best bespoke protection attainable, whether or not it’s by an Embroker product or in any other case. To kick off the partnership, Cowbell now completes our Regulation Package deal 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 prospects’ precise wants, at the very best worth. By means of Cowbell and Dashlane, we’re not solely in a position to help our prospects within the occasion of a cyber breach, but in addition assist them keep away from one altogether. It’s providers like these which can be shaping the following 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 knowledge discovered that 20% of venture-backed startups thought of cyber assaults their prime risk; this declined to only 14% of founders in 2023. However, cyber danger has not decreased. In actual fact, in powerful financial instances, cyber criminals thrive.
For extra data on this, take a look at our most up-to-date Startup Danger Index Report.
To be taught extra about our partnership announcement, and to learn quotes from Dashlane, Cowbell, and Embroker CEO Ben Jennings, take a look at the complete press launch right here.