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December 10, 2021

Generali partners Accenture, Vodafone on cyber insurance offering

Italian insurer Generali is offering a suite of solutions, in association with Vodafone Business and Accenture, to help combat cyber threats.

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Targeted at corporate and SME customers, the new proposition will cover cyber risk assessments, phishing simulations and learning programmes to identify, respond to as well as recover from cyberattacks.

Part of the “Generali 2021” strategic plan, the services will be first made available in Europe early next year.

Plans are on for a global roll-out, with scope for personalisation based on customer tastes and market needs.

The aim is to support “prompt restoration of normal operations” for the insurer’s clients as well as “mitigate consequences in their own organisation and third parties”.

Generali Global Corporate & Commercial CEO Manlio Lostuzzi said: “The GC&C Cyber Insurance function represents a strategic competence centre within the Generali Group, with the aim, among others, of improving client’s cyber security awareness and internal governance.

“Thanks to this collaboration with Accenture and Vodafone Business, our cyber insurance underwriters can further enhance their expertise and capabilities, while leveraging a broader customised offer, based on specific market and client needs.”

Vodafone Business will offer Post-Breach Incident response services.

It will also oversee the contractual relationship with the insured, helping SMEs with initial incident categorisation and response activities, and complex security investigation.

Besides, Europ Assistance will be a contact point for corporate and SME clients, offering global coordination and front-line support.

This is to enable detection of cyber threats and activation of resolution services.

Accenture’s role in this partnership will be to offer cyber risk assessments to the insurer’s clients and help them respond to cyber breaches on time.

Moreover, the collaboration will enable cyber insurance underwriters of Generali to avail Accenture’s Security Academy platform.

This platform provides learning programmes, related to cyber risks and ways to resolve them, in several languages.

The move builds on Generali’s existing relationship with the professional services firm. Last year, the duo formed a joint venture to speed up its digital strategy.

In 2019, they also teamed up to launch a blockchain-based solution for the employee benefits sector.

Accenture Security lead for Europe Paolo Dal Cin said: “Cyber risks and threats vary by industry and from one region to the next.

“Our approach is to bring together the right technology and talent to fit specific industries to help clients be more resilient.”

Free Whitepaper
img

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
  • Traditional vs zero trust protection
  • Key advantages and solution providers
  • Major industries and key players
  • Drivers and challenges
  • Top funded startups and Mergers & Acquisitions
  • Implementation challenges
by GlobalData
Enter your details here to receive your free Whitepaper.

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