Cyber Pre-Claim Intervention is a product module available for the BreachRisk™ for Insurance platform. It is designed for cyber brokers (including broker advisory practices) and carrier claims managers.
This module provides capabilities for cyber brokers and carriers that allow detection and verification of threats within clients and policyholders books. It also delivers capabilities to enhance communication between carriers, brokers, policyholders, and technology service providers/advisories during emergent threats - when accurate pinpointing of threats without false positives is critical to avoiding breaches and claims.
Designed with Lloyd's cyber brokers and carriers to meet the accelerating worldwide demand for cyber insurance. Cyber Pre-Claim Intervention ultimately helps brokers and underwriters quote-to-bind faster because they know that policyholders can be observed beyond the underwriting phase. Carrier claims managers can also proactively understand how threats systematically affect their book.
Use cases include:
Broker routine threat monitoring for clients
Broker crisis-communications prioritization during emergent cyber threats
Broker insurability preparation ahead of renewal deadlines
Improving underwriter confidence
Carrier threat detection among key policyholders
Carrier emergent threat communications with brokers and policyholders
Carrier risk modeling