Agile targets SMEs through cyber partnership
Agile Underwriting has entered a partnership with Cynch Security to offer cyber insurance to SMEs.
Businesses that sign up for Cynch Security’s cyber-fitness program can obtain cyber insurance from Agile at no additional cost using their member credits.
Agile says it has created a product specifically for SMEs, including a round-the-clock emergency response team and cover for crisis management and data breach notification costs.
It expects to introduce another three products in the coming months that will be offered to existing partners.
“Prevention is better than the cure or claim for both customers and Agile, and we have listened closely to small businesses and designed an insurance product to meet their unique and diverse needs,” Agile GM Cyber James Crowler said.
“Small business owners are already busy and we understand the confusion about digital and information security risks. Cyber insurance just adds to their to-do list.”