Huntress and Acrisure Announce New Cyber Insurance Program with No Deductible for Eligible Applicants

Purpose-built program designed specifically for eligible Huntress customers and partners to help reduce cyber risk and simplify access to cyber insurance coverage

Huntress has collaborated with Acrisure to launch a new cyber insurance program designed to give businesses a faster, simpler path to protection against cybersecurity risks. The program enables eligible organizations to access unique Cyber or Tech Errors and Omissions (Tech E&O) insurance policies with no deductible, using a streamlined application process that reduces complexity and paperwork typically associated with securing cyber insurance coverage.

As AI-driven automation and other cyber threats fuel cybercrime at an unprecedented pace, cybersecurity tools and cyber insurance solutions are becoming a critical part of many organizations’ risk management strategies. At the same time, many organizations face challenges when seeking cyber insurance coverage, like complex application processes, varying underwriting requirements, and changing market conditions that can make it difficult to obtain cyber insurance policies with the right protection.

Read More on Fintech : Global Fintech Interview with Rob Young, Managing Director – UK at InDebted

In collaboration with Huntress, Acrisure worked to develop two new cyber insurance policies for their customers and partners to help tackle these challenges. If eligible, Huntress customers and partners will have streamlined access to either Cyber or Tech Errors and Omissions (Tech E&O) insurance policies, respectively, placed through Acrisure. Organizations using qualifying Huntress Managed Endpoint Detection and Response (EDR) and Identity Threat Detection and Response (ITDR) solutions can also take advantage of a streamlined application process and, if eligible, access coverage under this unique program.

“We selected Acrisure for their industry expertise, cyber vision, broad reach, and deep relationships with top-quality insurers,” said Jeremy Young, Director of Community at Huntress. “This collaboration reflects our shared focus on helping make cyber protection and resiliency more accessible to businesses through the combination of managed cybersecurity technology and cyber insurance solutions.”

“We are collaborating with Huntress on this exciting new program because of their proven track record in detecting and responding to threats like ransomware and business email compromise, two leading types of cybercrime that lead to cyber and related losses. The Huntress products are also fully backed by their 24/7 AI-centric SOC, ensuring insureds always have top security experts on their watch,” said Adam Abresch, EVP of Cyber Solutions for Acrisure. “Our data indicates that better outcomes can be achieved by leveraging managed security platforms, and insurers look for demonstrated results in this space to confidently underwrite policies and streamline terms. Huntress provides that evidence every day.”

Additional Resources

• Read the blog to discover how Huntress and Acrisure are taking a new approach to cyber insurance.
• Get the details on the program and how it can help protect your business when you need it most.
• Interested in the program? Check your eligibility and get started here.

A global fintech leader, Acrisure empowers millions of ambitious businesses and individuals with solutions to grow boldly forward. Bringing cutting-edge technology and top-tier human support together, it connects clients with customized solutions across a range of insurance, reinsurance, payroll, benefits, cybersecurity, real estate services – and beyond. In the last eleven years, Acrisure has grown in revenue from $38 million to approximately $5 billion and employs over 19,000 colleagues in 24 countries.

Catch more Fintech Insights : Finance as a Feature: The Monetization Shift in Global FinTech Platforms

[To share your insights with us, please write to [email protected] ]

The post Huntress and Acrisure Announce New Cyber Insurance Program with No Deductible for Eligible Applicants appeared first on GlobalFinTechSeries.