Solcyber Partners With Converge To Provide Cyber Security Insurance For – Security Systems News

SolCyber partners with Converge to provide cyber security insurance for – Security Systems News

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SolCyber partners with Converge to provide cybersecurity insurance for the mid-market
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By SSN Staff
Updated 12:31 PM CDT, Wed August 17, 2022
DALLAS – Forgepoint Capital company SolCyber is partnering with Converge to “redefine” cyber insurance for the mid-market.
SolCyber, which describes itself as the first modern Managed Security Service Provider (MSSP) announced their partnership in a release that the company said will dramatically improve the security posture and decrease business risk for small and mid-sized organizations thanks to enhanced coverage and a more efficient application process.
“When you have great security, why isn't that recognized by the insurance industry? We want to connect the two and solve the broader risk challenge for organizations,” SolCyber CEO Scott McCrady said. “It's simple, keep customers protected with our Foundational Coverage, and reward that effort with easy and cost-effective cyber insurance.” The increase of cyber attacks against mid-sized businesses over the past 2 years has led to increasing premiums for cyber insurance SolCyber said. As much as 50-100%. In this partnership SolCyber expects to pass on savings of up to 30% on premiums.
“SolCyber and Converge's partnership is a game changer for organizations who must strengthen their security posture,” said CEO & Founder of Converge, Anthony Dagostino. “We're excited to deliver much-needed peace of mind by helping these small and mid-sized organizations achieve the security they need at a price they can finally afford.”
Interested parties and current users can find more information about the SolCyber Insurance+ Program at https://solcyber.com/cyber-insurance-program/.
Converge, cyber security, forgepoint, Insurance, SolCyber
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