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SecurityScorecard and Willis Partnership: A New Move in Cyber Risk Strategy

Posted on April 3, 2025April 3, 2025 By Martin Hinton
Introduction to the Partnership

Cyber threats continue to grow across industries in 2025, pushing companies to seek a more integrated and intelligent cyber risk strategy and solutions. SecurityScorecard, a leader in cybersecurity ratings, and Willis, a WTW company known for risk management and insurance services, have officially partnered to tackle these rising digital risks.

Overview of SecurityScorecard

SecurityScorecard is widely recognized for its real-time cybersecurity ratings and advanced supply chain threat monitoring. With over 3,000 clients, including two-thirds of the Fortune 100, it has become a cornerstone in digital risk intelligence.

SecurityScorecard logo featuring a purple geometric icon next to the company's name in bold black text. Used in article about SecurityScorecard Willis partnership.
Who is Willis (WTW)?

Willis is part of WTW (NASDAQ: WTW), offering data-driven risk solutions across more than 140 global markets. From employee benefits to insurance brokering, their insights shape strategic business decisions.

Why the Partnership Matters in 2025
Growing Global Cyber Threats

From ransomware to supply chain attacks, digital threats are now a constant. Businesses are no longer asking if they’ll be attacked, but when.

Importance of Cyber Risk Quantification

Quantifying digital threats in dollars and probabilities is essential for insurers and enterprises alike. That’s the core of this partnership.

Key Elements of the Partnership
Willis Named Official Broker

SecurityScorecard has officially named Willis as its insurance broker, solidifying the bond between cyber intelligence and policy design.

Enhancing Insurance Modeling

By combining cybersecurity data with Willis’ Cyber Quantified framework, new risk models are being developed for better underwriting.

Improving Third-Party Risk Visibility

Vendor ecosystems are complex. This partnership brings deeper visibility into external threats using real-time risk scores.

SecurityScorecard’s Cybersecurity Capabilities
What is SCDR?

SecurityScorecard’s Supply Chain Detection and Response (SCDR) monitors third-party risks and neutralizes threats before they escalate.

Role of Real-Time Risk Ratings

SecurityScorecard assigns factor-based risk scores to vendors, making it easier for insurers and businesses to assess cyber posture.

Willis’ Insurance and Risk Insights
Understanding Cyber Quantified Framework

Willis uses its Cyber Quantified tool to translate cybersecurity performance into financial terms—helping insurers determine premiums and exposure.

Analytics in Modern Insurance

Today’s insurance isn’t guesswork. It’s analytics-driven, and Willis brings the actuarial precision needed in cyber underwriting.

Leadership Insights on the Partnership

“Organizations face increasing pressure to quantify and mitigate cyber risk with greater precision,” said Andrew Correll, Senior Director of Cyber Insurability at SecurityScorecard. “This partnership strengthens our ability to provide real-time, data-driven insights.”

“By aligning with SecurityScorecard, we are bridging the gap between cybersecurity and insurance,” said Dr. Claudia Piccirilli, Senior Director, Global FINEX Data Science & Analytics at Willis. “Our collaboration empowers clients to proactively manage cyber risk.”

Other News: WTW Enhances Global Cyber Facility to Meet Increasing Demand(Opens in a new browser tab)

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, Risk Modeling Tags:cyber insurance, Cyber Risk, Cybersecurity, Insurance, risk modeling, SecurityScorecard, vendor risk, Willis, WTW

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📌 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
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Cyberattack on Small Business: How AI Supercharges Cyber Threats | William Altman @CyberCube"
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