Case Study: Cyber Insurance Service Provider achieves faster, more accurate cyber risk assessments with SecurityScorecard

Cyber Insurance Service Provider - Customer Case Study

Cyber Insurance Service Provider, a cyber insurer responsible for underwriting and assessing third-party risk, faced time and access constraints that left gaps in traditional assessment methods like questionnaires and calls. To fill those gaps and validate information, they turned to SecurityScorecard’s security rating platform as an additional, non-intrusive data source to evaluate prospects and vendors.

SecurityScorecard’s platform was implemented to supplement and validate existing assessment techniques, enabling the Cyber Insurance Service Provider to collect many more data points quickly, reduce manual effort, and make more informed underwriting decisions throughout the policy lifecycle. As a result, the insurer improved efficiency, strengthened client conversations about risks (patch management, security hygiene, exposure of smaller firms), and gained a competitive advantage by using SecurityScorecard’s comprehensive ratings and insights.