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 signify an end-to-end cybersecurity expertise for companies. On the entrance finish, Dashlane offers Embroker’s prospects 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 develop its choices, and provides prospects extra choices relating to their danger switch strategies. Cowbell is the chief in cyber insurance coverage for SMEs, and by incorporating its coverage, we are able to make sure that our prospects can safe the most effective bespoke protection potential, whether or not it’s by means of an Embroker product or in any other case. To kick off the partnership, Cowbell now completes our Legislation Bundle providing. Enabled by means of 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 prospects’ precise wants, at the very best worth. By means of Cowbell and Dashlane, we aren’t solely in a position to help our prospects within the occasion of a cyber breach, but additionally assist them keep away from one altogether. It’s providers like these which can be shaping the following era of insurance coverage, making getting protection simpler and actively helpful 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 high risk; this declined to simply 14% of founders in 2023. However, cyber danger has not lowered. The truth is, in powerful financial occasions, cyber criminals thrive.
For extra data 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.