Directors and Officers (D&O) insurance can be an essential part of protecting executives’ personal assets and mitigating the risks companies face from lawsuits tied to management decisions. With this concern in mind, there is news that Concierge Cyber has introduced two new products, Concierge Cyber with D&O Shield and Concierge Cyber with Entity Shield, to complement traditional Directors and Officers (D&O) insurance policies. These offerings aim to help organizations manage increasing cyber threats by providing managed threat intelligence and proactive defense strategies.
Eligible Concierge Cyber members now receive $100,000 in cyber insurance coverage. The new products focus on reducing digital, reputational, and physical risks, helping organizations prevent losses that could lead to D&O policy claims.
“Concierge Cyber with D&O Shield or with Entity Shield are the most innovative risk management companion products for Directors and Officers Insurance in the past 30 years,” said Kurtis Suhs, CEO of Concierge Cyber. “Managed threat intelligence with proactive, validated threat alerts offers comprehensive protection for directors, officers, and organizations against digital, negative sentiment risk and physical threats.”
“Cutting-Edge Technology “
Concierge Cyber has partnered with the Hetherington Group, an open-source intelligence (OSINT) firm, to provide real-time threat monitoring and analysis. The partnership enables organizations to receive monthly intelligence reports identifying and validating high-severity risks. These reports support proactive management decisions aimed at reducing exposure to cyber threats.
“Translating data into actionable intelligence is an art that combines cutting-edge technology with the experience and expertise of an analyst,” said Cynthia Hetherington, CEO of Hetherington Group. “Our analyst-led intelligence services go beyond mainstream data companies that simply offer alerts only on digital risk, helping clients navigate the complexities of sophisticated threats to protect operations.”
The services are available as bundled or stand-alone packages through authorized resellers in the U.S. Concierge Cyber continues to offer a range of cybersecurity solutions, including incident response and insurance claims advocacy.
Source: CONCIERGE CYBER® LAUNCHES INNOVATIVE D&O INSURANCE COMPANION OFFERINGS TO ADDRESS CYBER THREATS.
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