The specialist insurer for small and medium-sized enterprises, W. R. Berkley Corporation, uses the cysmo® Business Suite to further profitably build its cyber customer portfolio.
"cysmo® supports us in the underwriting process with an additional basis for the assessment to build a profitable portfolio in the cyber sector. The tool offers us the possibility of a passive risk check from the point of view of a potential attacker," explains Manuel Metz, Portfolio Manager Cyber at Berkley Deutschland.
The cyber insurance of Gothaer Allgemeine Versicherung AG offers companies and businesses an adequate insurance solution for protection against cyber damage with the support of the cysmo® Business Suite.
"Cyber risks are still uncharted territory for the insurance industry. Those who can correctly identify and rate actual threats are laying the foundation for building a profitable portfolio. cysmo® provides excellent support for the insurer in the analysis and rating process of cyber risks.", says Frank Huy, Head of Financial Lines at Gothaer.
The GVV Kommunalversicherung VVaG now offers cyber insurance for municipalities and municipal companies thanks to the support of the cysmo® Business Suite.
"With cysmo® we have the opportunity for the first time to show customers and interested parties their specific risks and thus find the right insurance solution together", says Joachim Krampetzki, Head of the Division of Sales/Operation, GVV Kommunal.
The industry insurer HDI Global uses the cysmo® Business Suite to analyse the cyber threats to corporate customers. The Talanx subsidiary thus makes it easier for corporate customers to assess their own risk situation against attacks by means of an external vulnerability analysis on a regular basis and without much effort. These "value-added security services" represent one of HDI Global SE's new four-pillar model "effectively-managed cyber risk", EMCR for short.
Specialist insurer Markel Insurance SE expects the use of the cysmo® Business Suite to be a push for the sales of its cyber products.
"With a building insurance policy it is easy to check whether windows and doors are secured against burglary – to check cyber risks in a well-founded manner, on the other hand, has been very time-consuming up to now. With cysmo® we can now perform such an analysis in minutes and in real time", emphasizes Stephan Lindner, LLB, FCII, Head of Professional Lines, Markel Insurance SE.
VdS Schadenverhütung GmbH, a 100 % owned subsidiary of the Gesamtverband der Deutschen Versicherungswirtschaft e. V. (GDV), has been using the cysmo® Business Suite for its cyber security package solutions since November 2019.
"cysmo® is the ideal addition to the cyber kit from which we build our bronze to platinum cyber package solutions. cysmo® is a component of every package because externally recognisable weak points are reliably identified and clearly explained, and thus a starting point for comprehensive cyber risk management in the company is provided", explains Markus Edel, Head of Cyber-Security at VdS.