Case Study: Fubon Insurance achieves reduced risk and more profitable cyber insurance underwriting with SecurityScorecard

SecurityScorecard Helps Cyber Insurance Provider Better Understand Customer Risk

Fubon Insurance, a Taipei-based insurer, wanted to expand into cyber insurance but struggled to understand individual prospect risk well enough to price premiums accurately. To address this challenge, Fubon turned to SecurityScorecard and its Ratings product to gain external visibility into prospective customers’ security postures.

Fubon integrated SecurityScorecard into early sales and underwriting to screen prospects, inform premium pricing, support reinsurer inquiries, and educate customers. As a result, SecurityScorecard helped Fubon identify the best customers earlier, reduce the risk of unexpected payouts, and make its cyber insurance line more profitable—its scores were reported to correlate positively with customers’ actual cybersecurity posture.

Fubon Insurance