Cyber Insurance

Grow your cyber insurance book with comprehensive security analytics purpose built for insurers and improve the resilience of your insureds

Undertake Data-Driven Cyber Underwriting

  • Augment the capabilities of your cyber underwriters and ensure greater consistency with prepopulated underwriting questions and application scoring, tailored to suit your underwriting approach.
  • Enrich your risk selection with pre-populated insights about a potential insured, including aggregated internal peer benchmarks and outside-in business and security data.
  • Quantify the impact of cyber scenarios on a potential insured to guide the purchase of appropriate limits and policies.
  • Increase the efficiency of the underwriting process and expand the size of your portfolio by processing a higher volume of applications in a data-driven technology-enabled platform.

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Manage Cyber Aggregation Risk in Your Portfolio

  • Understand the probability of cyber catastrophes across a diverse catalogue of scenarios, leveraging historical threat research, adversary intelligence, modeled security data and a panel of cyber experts.
  • Identify the footprint of events against your cyber portfolio, leveraging a simplified data schema, enriched by automated outside-in and aggregated peer comparable data for millions of companies.
  • Measure the financial impact of stochastic scenarios and probabilistic analyses and inform your own view of risk by tailoring assumptions to your specifications.
  • Grow your book of business systematically by understanding the key drivers of profitability, portfolio level tail risk measures and exposure-loss analytics with transparent and detailed drill down outputs.

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Leverage the World’s Leading Security Platform and Researchers

Symantec operates one of the world’s largest cyber intelligence networks. Symantec gathers and analyzes petabytes of cyber security data on global threat actors, cyber attacks, security incidents and data breaches and leverages this data to gain a deep understanding of the threat landscape for insurers.

Symantec’s vast global data and intelligence network reveals aggregated metrics on cyber risk by geography, industry, company size and the unique attributes that make companies more vulnerable to attack. Actuaries, underwriters, brokers and insureds can tap into Symantec’s threat intelligence using data tools that provide unprecedented visibility to make informed business decisions.

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Gain the Best of Cyber Insurance and Security in One Offering

Symantec is partnering with the world’s leading carriers to build customized product offerings and packages for our joint customers to improve their security and financial resilience simultaneously through Symantec’s Cyber Insurance Partner Program. This enables customers to reduce the risk associated with cyber attacks and more rapidly recover from the financial cost of cyber events.

Using Symantec’s products and services, our joint customers raise awareness of cyber security amongst their staff, implement proactive security controls before an attack occurs, prepare for breaches with incident response plans, recover from events with our incident response teams and transfer cost through an insurer’s cyber insurance policies.

For more information contact cyber_insurance@symantec.com.

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