CI partners with Swiss Re to launch its first embedded cyber protection
Connected Insurance (CI) has partnered with Swiss Re to create a personal cyber insurance policy The Digital-Life Insurance that also provides risk prevention tools.
“We have redesigned the traditional personal cyber insurance to be more relevant, affordable, and easy to purchase. Unlike traditional cyber insurance products, The Digital-Life Insurance adds additional layers of prevention and proactive protection. We use an AI chatbot to create a digital fingerprint of the customers and help them to reduce their exposure to cyber-attacks. We are happy that Swiss Re, one of the most highly regarded institutions in the insurance industry, has decided to partner with us to explore these new frontiers.” – Arik Shpak, Chief Insurance Officer at Connected Insurance.
Bituach Haklai Insurance is the first insurance carrier in Israel to offer this solution which includes 24×7 incident response and advanced smart home risk mitigation services from Surance.io .
“We paired with Connected Insurance and Bituach Haklai insurance as we saw in them partners capable of complementing our cyber offering to serve end customers. The COVID-19 crisis has increased the awareness of households around cyber risks and led to new needs for coverage. To meet these needs, digital distribution and added value services are key.” – Arnaud R. Kopp, Solutions Lead in the Mediterranean region of Swiss Re.
The Digital-Life Insurance was designed to fit distribution via digital platforms such as payment apps, digital banks, and e-commerce platforms, allowing response to a rapidly growing demand for insurance solutions embedded in the digital and always-connected world.
“Protecting ourselves against the ever-growing cyber threat landscape starts with strong personal cyber hygiene . By combining Swiss Re’s state-of-the-art personal cyber insurance offering with Connected Insurance’s risk prevention technology, we have created a powerful solution for individuals to take their cyber resilience to the next level.” – Fabian Willi, Head Cyber Solutions Sales & Delivery of Swiss Re .