Liberty offers complimentary cybersecurity assessment to select cyber clients
Liberty has partnered with leading cyber security rating provider SecurityScorecard to offer complimentary cybersecurity analysis to qualifying clients of its Global Risk Solutions North America and Liberty Specialty Markets units.
Through Liberty Mutual’s strategic relationship with SecurityScorecard, qualifying policyholders will receive a detailed analysis of their cybersecurity and the external threats to which they may be vulnerable. The SecurityScorecard report will also include recommendations for improving security.
“While current cyber insurance policies provide a response when a client’s security is breached, by partnering with SecurityScorecard we can offer clients valuable insights and analysis before a breach occurs,” said Liberty Mutual Global Risk Solutions Chief Underwriting Officer David Perez. “It’s about helping our clients take preventative steps, rather than just providing remediation after the breach.”
SecurityScorecard is a leading provider of security ratings, having analyzed over 5 million businesses. The company’s award-winning technology collects and analyses global cyber threats to provide organizations with an easy-to-understand A–F rating of their security and that of their third parties. This enables organizations to gain a hacker’s-eye-view of their security and see where they could be exposed to a cyber-breach.
“As the only security ratings company to be honored as a ‘Tech Pioneer’ by the World Economic Forum in 2020, we are trusted to work with businesses in highly-regulated sectors all over the world,” said SecurityScorecard’s COO and co-founder Sam Kassoumeh. “We are proud to partner with Liberty Mutual as they embrace the goal of security ratings to drive continuous improvement and resilience for their clients.”
About Liberty
Liberty Specialty Markets offers specialty and commercial insurance and reinsurance products across key UK, European, Middle East, US and other international locations.
We provide brokers and insureds with a broad range of products through both the Company and Lloyd’s markets and have over 1,700 staff in approximately 65 offices. Liberty Specialty Markets was established in September 2013 bringing together Liberty’s company, syndicate and reinsurance operations into one combined operation, composed of three business units: Commercial, Specialty, and Reinsurance (Liberty Mutual Re). This integrated approach means brokers and clients can benefit from our global reach and operating efficiencies.
Liberty Specialty Markets is part of global insurer, Liberty Mutual Insurance Group, a diversified global insurer, formed in 1912 and headquartered in Boston, Massachusetts. Liberty Mutual is the 5th largest global insurer based on 2017 gross written premium, with over 50,000 employees in 30 countries and economies around the world. Our purpose is to help people embrace today and confidently pursue tomorrow. The promise we make to our customers throughout the world is to provide protection for the unexpected, delivered with care. We achieve this by offering a full range of personal, commercial, and specialty Property & Casualty insurance coverages. Our customers’ trust has earned us the 68th spot on the Fortune 100 list of largest corporations in the U.S., based on 2017 revenue.