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Helvetia partners with Coinnect to boost cyber risk assessment and client protection

Posted on November 11, 2024November 14, 2024 By Martin Hinton

Helvetia Switzerland has announced a new partnership with Coinnect to enhance its cyber risk underwriting and client security services. Starting at the end of 2024, Helvetia will adopt Coinnect’s advanced Cyber Insurtech platform, which uses artificial intelligence and cyber intelligence to evaluate and mitigate risks for clients. The collaboration aims to deliver more comprehensive risk assessments, continuous monitoring, and tailored insurance terms for proactive clients, reinforcing both security and operational resilience.

Helvetia will offer its clients and prospects free access to a one-off vulnerability check, helping customers identify and manage their cyber risks more effectively. Additionally, clients will have the opportunity to subscribe to Coinnect’s extended services, which provide in-depth risk assessments and ongoing support to further improve their cybersecurity posture. In return, Helvetia will reward proactive clients with special insurance terms, reflecting the value of effective risk management.

Senior Underwriter Andrea Genini highlighted the partnership’s benefits: “This collaboration with Coinnect allows us to drive innovation in cyber insurance, enhance customer resilience, and improve the quality of our portfolio. It also contributes to strengthening Switzerland’s position as a secure business location.”

Coinnect CEO Massimiliano Rijllo expressed enthusiasm for the collaboration: “We are proud to cooperate with Helvetia. Our platform will deliver better cyber risk assessment, AI capabilities, and risk mitigation for Helvetia’s clients. We look forward to working together to introduce this innovative solution to the Swiss market.”

This partnership marks a significant step for Helvetia in supporting its clients’ cyber resilience and promoting proactive approaches to cybersecurity, ultimately ensuring better protection for businesses across Switzerland.

See also  Brit Ltd Launches Brit Cyber First50 to Streamline Large Cyber Insurance Placement

Source: Helvetia cooperates with Coinnect to enhance client’s protection and cyber risk underwriting.

Other News: Arctic Wolf Unveils Cyber Resilience Assessment Tool to Enhance Business Insurability and Security(Opens in a new browser tab).

Other News: Cyberattack Cost Oil Giant Halliburton $35 Million.

Martin Hinton

Martin Hinton is the Executive Editor and Publisher of Cyber Insurance News and Information. With over three decades of journalism experience across six continents, his work encompasses investigative reporting, documentaries, and coverage of cultural, political, and business news. To learn more about his career, click on his name to visit his LinkedIn page.

Cyber Insurance, Cyber Insurance Underwriting Tags:Coinnect, cyber insurance, Cyber Insurance Underwriting, cyber liability insurance, Cyber Risk Assessment, Cybersecurity, Helvetia

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In this clip from our latest podcast, Dan Candee, CEO of Cork Protection, discusses a critical component of SMB cyber resilience—the evolving role of cybersecurity insurance. Dan highlights the need for nimbleness in cyber coverage, especially for small businesses that often bear the brunt of devastating attacks.

💬 Quote Highlight:
"At the end of the day, my business is to serve the SMB market... who is providing the most value fastest." – Dan Candee, CEO Cork Protection.

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Cyber Insurance for SMBs – What Needs to Change? | Dan Candee Interview
In this clip from our latest podcast episode, Dan Candee, CEO of Cork Protection, dives into a critical topic that hits close to home: Cybersecurity for Main Street businesses.

🛡️ With a background in enterprise-level cybersecurity on Wall Street and a personal connection to small business through his family, Dan shares why Cork focuses on protecting small and mid-sized businesses from rising cyber threats.

🚨 "The threat actors are getting better, and they're coming after Main Street more and more."

👉 Discover why Main Street is being underserved in today's digital threat landscape and how Cork is filling that gap with a unique value proposition.

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Cybersecurity for Main Street: Dan Candee on Protecting Small Businesses | CEO of Cork Protection
SMB Cyber Threats - In this episode of the Cyber Insurance News Podcast, host Martin Hinton talks with Dan Candee, CEO of Cork Protection, about the rising tide of cyber threats targeting small and mid-sized businesses (SMBs). Dan shares his journey from Main Street entrepreneur to cybersecurity leader, offering real-world insight into the threat landscape, financial vulnerabilities, and how AI and managed service providers (MSPs) can help fortify business resilience.

We explore:
• Why Main Street is more vulnerable than Wall Street
• Common SMB cybersecurity blind spots (like ACH fraud)
• The evolving role of managed service providers
• How Cork Protection blends cybersecurity and cyber insurance
• Real-world attack case studies and practical advice for SMBs

Whether you’re a small business owner, MSP, or cyber pro, this episode unpacks how to prepare, prevent, and protect your organization in today’s digital world.

📌 Topics: cybersecurity, cyber insurance, social engineering, SMB protection, ransomware, AI in security, MSPs

🎙 Guest: Dan Candee, CEO of Cork Protection
📢 Host: Martin Hinton, Executive Editor, Cyber Insurance News

👉 Don’t forget to like, comment, and subscribe for more insights on cyber insurance and digital defense!

#CyberSecurity #CyberInsurance #SMB #AI #CyberPodcast #BusinessResilience #smallbusiness #sme
00:00 Introduction - Dan Candee and Cork Protection
02:27 The Importance of Cybersecurity for Small Businesses
05:29 Understanding Cyber Threats and Their Impact
08:26 The Role of Managed Service Providers in Cybersecurity
11:24 24Financial Protection and Cyber Insurance Solutions
14:01 Leveraging AI in Cybersecurity
16:53 Navigating Cyber Insurance Policies
19:56 Empowering Small Businesses with Knowledge
21:52 The Future of Cybersecurity and Community Resilience
26:05 MSP/ MSSP The Lingo decoded
29:05 Finals Thoughts and a bit of Hope!
SMBs Are Cyber Targets | Dan Candee on Cyber Resilience & AI | Cyber Insurance News Podcast EP#6
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