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