
Loss Control by SecurityScorecard helps insurers prevent cyber claims by providing insights into active threats and workflows to remediate issues. It enables rapid identification of vulnerabilities and collaboration with experts to enhance security and resilience.
Vendor
SecurityScorecard
Company Website
Prevent cyber claims before they occur
Stay engaged with insureds and deliver timely risk management advice that prevents claims.
Proactively manage loss ratios like never before
In cyber insurance, adequate pricing alone does not guarantee that premiums will cover future losses, as unforeseen risks can quickly arise after underwriting. An effective loss control strategy should be implemented to mitigate the unexpected and protect loss ratios. SecurityScorecard offers loss control leaders insights into active threats and workflows to remediate issues and prevent claims.
Outcomes
Establish a line of defense from dynamic cyber risks
Lower loss ratios
Increase the resilience of policyholders during the policy term to drive down claims frequency and severity
Increase policyholder retention
Deliver value-added services that increase engagement with policyholders and promote a culture of security
Create loss control efficiencies
Reduce the time and effort to manage loss control programs by leveraging workflow automation
Critical Capabilities
Threat actor reconnaissance
Leverage intelligence gathered from over 200 sources across the dark web and keep a close eye on critical assets
Global sinkhole network
Identify malware and malicious infrastructure to determine which insureds show signs of compromise
AI-powered workflows
Leverage data correlated with claims to prioritize focus areas, enable automation, and drive action
Expert resilience services
Partner with cyber experts to defend, respond, and fortify your insured’s security program