Zurich Insurance releases new cyber insurance solution with CYE

Zurich Insurance Group has established a new cyber protection offering in partnership with cybersecurity firm CYE.

The Zurich Cyber Security Services solution will span the full spectrum of cyber risks and help clients define and deploy effective risk management programs. It will combine Zurich’s cyber insurance and risk engineering capabilities with CYE’s AI-powered services.

Through the service, businesses can close unknown security blind spots, reduce the risk and impact of security incidents, ensure proactive protection of critical business assets and appropriately budget and allocate resources.

This new solution is available globally and also includes a technology-driven report assessing a company’s risk profile in relation to cyber threats.

Zurich chief underwriting officer Sierra Signorelli said, “Cyber is a very challenging risk for businesses as it is constantly evolving and highly complex.

“Our collaboration with CYE, a global leader in cybersecurity services, will give customers a state-of-the-art cyber-solution that combines the benefits of insurance with a boost to their cyber-defenses.”

CYE combines AI and natural intelligence to help protect businesses from cyber threats. Its products including incident response, response readiness, response programs, threat hunting, crisis management and threat intelligence.

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