Mulberri, a digital insurance platform focused on innovating business insurance, has joined forces with Qualys in a bid to deliver enhanced cyber insurance offerings.
The collaboration aims to address the growing threat of cyberattacks, particularly among small and medium-sized enterprises (SMEs), which face an alarming 68% annual attack rate.
By combining their expertise, the two companies aim to help SMEs strengthen their cybersecurity measures and optimise their cyber insurance coverage.
Mulberri specialises in providing innovative insurance solutions tailored to meet the needs of businesses. Its flagship cyber insurance product, Mulberri Cyber, offers comprehensive coverage for scenarios such as data breaches, ransomware, and network disruptions, alongside a streamlined application process.
Qualys, on the other hand, is renowned for its cutting-edge cloud-based solutions that help organisations manage IT, security, and compliance risks.
Its Enterprise TruRisk Management platform provides real-time insights into an organisation’s cyber risk landscape, empowering businesses to proactively address vulnerabilities.
This partnership introduces new benefits for Qualys customers, including exclusive discounts on Mulberri Cyber insurance policies.
These discounts are offered to businesses that actively manage their cybersecurity posture using Qualys’ tools. The collaboration simplifies the insurance application process by integrating Qualys’ insights into Mulberri’s underwriting procedures, reducing the complexity to a single question for eligible customers.
Hamesh Chawla, co-founder and CEO of Mulberri, said, “By aligning our cyber insurance with Qualys, we are furthering our mission to make insurance more accessible, affordable, and responsive to the actual Small and Medium-Sized Enterprises (SMEs) cyber risk landscape. Businesses that actively manage their security posture with Qualys deserve to see exclusive benefits.”
Rich Seiersen, chief risk tech officer at Qualys, highlighted the innovative approach, stating, “With our new Risk Operations Center (ROC) delivered by Qualys Enterprise TruRisk Management, we are seeking to transform the cyber insurance underwriting process by taking the first step into an inside-out view of cyber risk for insurance. We want to provide insurers with real-time, comprehensive insights into an organisation’s risk landscape, enabling more accurate assessments and tailored coverage options. This innovation not only enhances the underwriting experience but also empowers businesses to proactively measure, communicate, and eliminate their cyber risks.”
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