Cyber risk mitigation company Periculus has announced the launch of a new cyber insurance offering for users of its digital risk management products. Developed in collaboration with TIP National, the offering allows small and medium-sized businesses to instantly request a quote, purchase, and manage a cyber insurance policy customized to meet the needs of the business.
“We are thrilled to partner with TIP, which makes accessing and procuring cyber insurance easy for our customers,” said Mark Lowers, CEO of Periculus. “This new insurance offering completes a technology stack that includes a free cyber risk assessment and report, powered by Mastercard’s Cyber Quant, the ability to purchase recommended mitigation services through cybersecurity services partner Merchants Information Solution, and Risk Concierge, our exclusive platform for Periculus users that provides a custom dashboard to easily manage digital risk in one place.”
Through TIP Nationa’s MGA portal inside the Risk Concierge platform, Periculus users will be able to access A-rated carriers focused on providing cyber insurance for SMBs. customers will be able to request, receive and review a cyber insurance quote in minutes, Periculus said. “With 43% of all data breaches targeting SMBs, it was important for us to carefully curate insurance policies with the goal of providing appropriate, competitively priced options for small and medium-sized businesses,” said Daniell Kaminski, president of Periculus. “Together with our trusted partners, Mastercard, Merchants, and now TIP National, we are committed to supporting SMBs and giving them access to best-in-class mitigation solutions that protect their business and keep them up and running. As Periculus continues to expand, we look forward to helping more businesses understand their digital risks, minimize those risks, and gain the freedom to flourish in the digital economy.” Read next: What are the biggest ransomware trends facing US businesses? “We have worked with the team behind Perliculus for a long time, and as the digital economy continues to grow, we fully support their vision to make it simple for small and medium-sized businesses to purchase and manage cyber insurance policies,” said March Tuchmann, president of TIP National. “As an insurance MGA, we’ve helped small business owners get coverage to protect their businesses for over 10 years, and our leadership team has entrepreneurial roots that go back 30 years or more, so we understand SMBs. we’re thrilled to help Periculus users get the cyber coverage they need.”