Cybersecurity and IT Service Providers Intersys Business is being conducted in India to improve the cyber risk profile of policyholders to help insurers and brokers grow their cyber insurance business.

lead Tanmay GoreDirector of Intersys India, Mumbai-based office is addressing the major challenges in the market: the difficulty of assessing and pricing cyber risks for organizations that often lack dedicated IT security resources.

By providing recoverable cybersecurity services, including baseline cyber risk assessments and continuous network monitoring of Indian companies and small and medium-sized enterprises, Intersys enables insurers and brokers to provide policies with confidence and are supported by data and risk controls.

Intersys provides services as cybersecurity and will work with policyholders to assess network maturity and identify vulnerabilities before insurance companies bind policies.

“Compared with the national average, Intersys customers in the UK are ten times less likely to be subject to cyberattacks.” Matthew GeymanManaging Director of Intersys. “Using cyber risk mitigation best practices developed in the UK, we are launching Intersys India to provide local brokers and underwriters with the tools they need to support SME policy holders in India Cybersecurity Services that directly improve their insurability. When customers are better protected, they have better risks – which opens up profitable growth for everyone. ”

By providing ongoing oversight and threat detection, Intersys will seek to ensure that insurers maintain their security posture throughout the policy period, reducing claims risks and enabling better update conversations.
This approach helps to establish a clear security baseline and create feedback loops between cyber sanitation and insurance pricing – a crucial step in a market where cyber losses are on the rise, but risk quantification remains difficult.

Dr. Pret Tambay Intersys India said: “There is a clear gap in the market to support Indian brokers and insurers to provide proactive cyber risk assessment and management services. (Our new) provides unlocking new business potential in underserved mid-markets and supports efforts to increase cyber insurance penetration.”