Measured Analytics and Insurance, the cyber insurance MGA, continues its aggressive move into the increasingly competitive, but still relatively underserved, small and medium enterprise (SME) market (earlier this month Measured announced its partnership with the AWS cyber insurance program.)
The Company’s CyberGuard 2023 insurance product targets companies with up to $500 million revenue, offering policy limits ranging from $500,000 to $5 million.
“Setting the gold standard for cyber insurance, CyberGuard 2023 incorporates cutting-edge AI-driven analytics and comprehensive coverage options to address the complex and dynamic risks faced by businesses today. We are committed to empowering businesses in their journey towards improved cyber resilience,” said Measured’s President, Vince McCarthy, in a release.
Measured is staking out ground in the rapidly-growing market for fused cybersecurity/insurance solutions, for example noting the “national security-grade threat intelligence” in CyberGuard 2023.
The company touts the following attributes of its new product:
- “Capacity provided by Canopius, with an A- (Excellent) A.M. Best rating
- Global Incident Response and white glove Claims Handling provided by Canopius
- Virtual CISO consultancy services offered to all insureds
- Active threat monitoring and alerting provided to all insureds
- Ability to implement security tools via CyberGuard Central, including but not limited to: Multi-factor Authentication, Endpoint Detection and Response, and Cybersecurity Training
- Exclusive inside-the-firewall data from leading security vendors
Underwriting Appetite:
- Broad appetite for most industry classes”
Want to dive deeper? Check out the full scoop here.
Other News: Measured Becomes an AWS Cyber Insurance Partner(Opens in a new browser tab)