Brokerslink and Safeonline today announced the launch of a new cyber risk management and insurance facility, PoCydon, which offers a three-prong attack on cyber perils. Firstly, MS Amlin’s market leading cyber insurance wording, which is backed up with active risk monitoring and threat detection services provided by Cyber adAPT and finally incident response investigation and analysis delivered by Cyber Scout.
The facility is exclusive to Brokerslink and is delivered via a modular wording allowing complete flexibility depending on client and budget. This facility provides world leading cyber security services by integrating front end detection and prevention with incident response and breach cover. Insurance is provided on a worldwide basis for all Lloyd’s licensed territories.
Corey Gooch, director of business development at Brokerslink said: “PoCydon is a real breakthrough for the cyber market. As cyber risks have become increasingly diverse and complex, a new and more comprehensive approach to managing cyber as an enterprise risk is needed. We believe we have created this enterprise risk solution in PoCydon, one that brings risk detection and prevention together with insurance as a financial backstop. The PoCydon facility addresses this challenge by providing first rate incident response and in-depth investigation and analysis to reduce the likelihood and severity of a cyber-attack today and in the future. I have no hesitation in recommending this as a true leading-edge facility to Brokerslink’s clients across the globe.”
Henry Warner, cyber, media and technology broker at Safeonline added: “This is an incredibly exciting and unique proposition offered exclusively through Brokerslink. It has been designed to be a market leading product and offer a holistic approach to cyber risk as opposed to the traditional coverage/response services model. Cyber risk represents a huge threat to a vast number of businesses, but with this threat comes fantastic opportunity for the insurance industry. Put simply, PoCydon offers a market leading product which not only benefits the client but also addresses legacy barriers to purchase, thus helping Brokerslink support its insurance buyers with greater penetration and protection than was previously attainable.”
For further information please contact:
Peter Rigby/ Samantha Whiteley,
+44 20 7562 4444
Brokerslink was created in 2004 as a global network of independent brokers. Since then, we have integrated best-in-class risk expert firms to become a strong alternative to the mainstream models in the insurance market. Brokerslink was incorporated in Switzerland in 2015, becoming an integrated global broking company, owned by 55 shareholders from 40 countries, owning and managing a network of brokers and risk and consulting firms in 100 countries.
Safeonline LLP was founded, in 1998. Safeonline has adapted to service businesses that require bespoke insurance products of all types. From their foundations operating in the cyber/digital space, they have now expanded to service all manner of niche insurance classes, from Financial, Intellectual Property and E&O through to Privacy Breach, Media Liability, Political Risks, D&O and Prize Indemnity to name but a few. As a business, their mandate is to offer the highest service levels to clients. It is with this mandate that they have grown to become one of the leading independent insurance brokers in the London market.