Tokio Marine has partnered with cybersecurity firm CyberScout to provide cyber insurance, cyber education, identity management and resolution services to insurance companies across the US.
This new offering will enable homeowner insurance companies to provide a comprehensive personal cyber solution to their policyholders.
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It offers protection for their privacy, devices and finances from digital intrusion, fraud, harassment and extortion.
CyberScout CEO Jennifer Leuer said: “This strategic relationship brings together Tokio Marine’s industry-leading personal cyber insurance coverage with CyberScout’s cyber protection and remediation services, which we continue to evolve to meet the changing threat landscape.
“Cyberattacks, email scams and online extortion events continue to grow as people become more reliant on mobile and smart home devices. This new offering assists homeowners with protecting their expanding attack surface and guarding against very real and costly threats.”
The CyberScout’s identity theft resolution services are available to home insurers with Tokio Marine’s personal cyber insurance coverage.
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By GlobalDataIt is rolled out as an add-on to homeowners’ policies and offers 24/7 ID Theft support, an online customer education portal, dark web monitoring and password protection.
In addition, the programme also offers insurance coverage for cases of financial fraud, data recovery, extortion, cyber bullying and related legal expenses.
Tokio Marine senior vice-president for Cyber & Professional Lines Group Matt Sherman said: “CyberScout understands the important role of education and expert support and has a proven track record of solving complex issues for consumers. When paired with our personal cyber insurance coverage, we are offering something truly unique to the industry.”
