Logo
Sign in
Product Logo
Underwriting StrategySecurityScorecard

SecurityScorecard's Underwriting Strategy enables insurers to make profitable decisions quickly, matching the dynamic cyber risk landscape. It provides real-time risk assessments and portfolio management, ensuring insurers stay informed and proactive.

Vendor

Vendor

SecurityScorecard

Product details

Maximize profitability and minimize cyber risk

Make profitable decisions with speed to market that matches the dynamic cyber risk landscape.

Effectively balance risk appetites with growth and profit goals

Cyber insurance has been characterized by volatile risks and equally volatile underwriting requirements. Underwriting overcorrections lead to dissatisfied brokers and insureds who question the value of cyber insurance. A more nimble approach to underwriting that relies on leading, not lagging, indicators of risk will deliver sustainable growth, competitive advantages, and customer satisfaction. Using SecurityScorecard, underwriting leaders leverage data correlated with claims at scale to create sustainable underwriting strategies.

Outcomes

Navigate dynamic risks with confidence

Optimize risk selection

Leverage detailed exposure data to differentiate applicants and avoid risks that lead to higher-than-expected claims frequency and severity

Augment rating strategies

Inform actuarial modeling with data correlated to claims and accurately price risks to deliver loss ratio goals

Deliver consistent results

Clearly communicate a risk appetite to underwriters and standardize risk management practices with trusted security metrics

Critical Capabilities

Real-time dark and clear web data collection

Stay ahead with immediate access to real-time data from both the dark and clear web

Global scanning and robust intelligence collection

Harness the strength of global scanning capabilities and comprehensive intelligence collection

Curated by world-class cyber intelligence experts

Leverage insights curated by world-class cyber intelligence experts, ensuring unparalleled accuracy and relevance

AI and LLM powered intelligence

Leverage the power of AI and LLMs for scalable intelligence, enabling effective handling of complex datasets and scenarios

Find more products by segment
EnterpriseB2BView all
Find more products by category
Security SoftwareView all