Israel-based Connected Insurance (CI) has partnered with Swiss Re to create a multi-layered cyber protection insurance solution for individuals and families.

The new offering, dubbed the Digital-Life Insurance, offers risk prevention tools that help consumers protect themselves and their electronic devices against cyber-attacks.

CI noted that it has redesigned the traditional personal cyber insurance to make it ‘affordable, relevant, and easy to purchase’.

The Digital-Life Insurance creates a digital fingerprint of the customers via an AI chatbot to help them to reduce exposure to cyber-attacks.

Furthermore, the solution offers 24×7 incident response and advanced smart home risk mitigation services from Surance.ai.

Targeted at digital-savvy consumers, the new offering can be distributed through digital platforms such as payment apps, digital banks, and e-commerce platforms.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Bituach Haklai Insurance is the first insurance carrier in the country to offer the Digital-Life Insurance.

Swiss Re solutions lead in the Mediterranean region Arnaud Kopp said: “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.”

Swiss Re head of cyber solutions sales & delivery Fabian Willi said: “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.”

Connected Insurance chief insurance officer Arik Shpak said: “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.”