On July 25, 2023, Embroker formally introduced partnerships with password supervisor Dashlane, and cyber insurance coverage supplier Cowbell. These partnerships are a shining instance of Embroker’s objective: to be the only vacation spot for industry-tailored business insurance coverage, and the continued evolution of ONE by Embroker.
Dashlane and Cowbell symbolize an end-to-end cybersecurity expertise for companies. On the entrance finish, Dashlane offers Embroker’s clients with industry-renowned cyber safety providers together with password administration and darkish internet monitoring. Embroker and Dashlane share the core perception that danger administration begins with prevention.
On the again, Cowbell’s cyber insurance coverage permits Embroker to broaden its choices, and provides clients extra choices in terms of their danger switch strategies. Cowbell is the chief in cyber insurance coverage for SMEs, and by incorporating its coverage, we will be certain that our clients can safe the very best bespoke protection attainable, whether or not it’s via an Embroker product or in any other case. To kick off the partnership, Cowbell now completes our Legislation Bundle providing. Enabled via an API, Cowbell’s admitted Cyber product can now be paired with our admitted LPL product, additional strengthening our unique bundle choices.
Right here’s a quote from Embroker’s Chief Insurance coverage Officer, David Derigiotis:
“These partnerships carry us additional alongside in our mission to offer protection minimize uniquely to tailor clients’ precise wants, at the absolute best value. By Cowbell and Dashlane, we aren’t solely capable of assist our clients within the occasion of a cyber breach, but additionally assist them keep away from one altogether. It’s providers like these which might be shaping the following era of insurance coverage, making getting protection simpler and actively useful to those that maintain insurance policies with us.”
This partnership announcement comes at a time of quiet warning within the enterprise group round cyber danger. In 2022, survey information discovered that 20% of venture-backed startups thought of cyber assaults their prime risk; this declined to only 14% of founders in 2023. However, cyber danger has not decreased. In actual fact, in powerful financial instances, cyber criminals thrive.
For extra info on this, try our most up-to-date Startup Danger Index Report.
To be taught extra about our partnership announcement, and to learn quotes from Dashlane, Cowbell, and Embroker CEO Ben Jennings, try the complete press launch right here.