Measured Analytics and Insurance, a Salt Lake City-based cyber insurance company, has launched CyberGuard Central, its partner program for cybersecurity vendors. The new initiative has been a cooperative effort between security consultants and cyber tools vendors as a means of providing cyber insurance to clients. Additionally, the company intends to feature select industry-leading organizations as preferred cybersecurity solutions providers.
Targeting SMBs, the company quantifies the likelihood of ransomware attacks, leveraging AI-powered analytics that tracks individual exposure in real-time. Every policy is tailored to fit the individual client, identifying pre-event exposure in seven fundamental areas, and customizing post-event loss mitigation services.
“Since its inception, Measured has made it a priority to create a global security ecosystem that allows for holistic cyber risk management,” says Director of Insurance, Zach Atya. “The magnitude of cyber threats is constantly growing, and by putting all the pieces together with CyberGuard Central, we can positively impact the security posture of SMBs everywhere.”
The company provides cyber insurance coverage for customers in the US with revenues of up to $500 million. The underwriting platform utilizes proprietary data and machine learning algorithms to accurately rate cyber premiums. Agents and customers can compute their risk scores by leveraging internal and external data, a library of insurance-friendly threats, and machine learning. Using their risk score, companies can quantify how much insurance they need.
Partners serving the US market can work directly with production underwriting team members to understand their clients’ needs.