CHICAGO (June 23, 2023) – Canopius, a leading global specialty (re)insurer, is pleased to announce its partnership with AI-powered cyber insurance provider, Measured Analytics and Insurance (“Measured”) to expand comprehensive cyber insurance and cybersecurity solutions for small and midsize businesses (“SMBs”) in the United States. Canopius joins Paris-based SCOR, one of the world’s leading reinsurers, which has been a long-standing lead capacity provider for Measured’s strategic growth.
This collaboration supports Canopius’ commitment to offering best-in-class cyber insurance coverage to its clients, and combines Canopius’ and SCOR’s cyber expertise and global reach with Measured’s innovative approach to cyber risk management.
“We are thrilled to announce our partnership with Measured Analytics and Insurance, as it marks a step forward in our mission to provide comprehensive cyber insurance solutions to small and midsize businesses across the United States,” said Jenny Soubra, US Head of Cyber and Tech E&O at Canopius. “When combined with Canopius’ and SCOR’s expertise, together we are equipped to deliver unparalleled cyber protection to customers. Measured’s innovative approach to cyber risk management aligns seamlessly with our capabilities, resulting in a strategic partnership positioned to drive transformative change.”
The cyber insurance market needs smart analysis, technology expertise, and up-to-date risk insights for effective growth. Measured uses AI, exclusive threat data, and internal information to spot security threats and reduce risks for businesses. They make it easier to get cyber coverage by partnering with top insurance and cyber tech leaders. Measured’s analytics and technology-based underwriting provide valuable insights to insurers and added value to customers when starting a policy.
With this partnership, Canopius’ cyber team is solidifying its market position and expanding its offerings to meet the growing demand for cyber insurance solutions. This collaboration with Measured Insurance aligns perfectly with Canopius’ values of innovation, customer-centricity, and staying at the forefront of industry trends. Canopius demonstrates its commitment to leveraging cutting-edge technology and data-driven insights to enhance its cyber insurance offerings.
Canopius is a global specialty (re)insurer with underwriting operations in Australia, Bermuda, China, Singapore, the U.K., and the U.S. It underwrites through Lloyd’s Syndicate 4444 (managed by Canopius Managing Agents Limited), a U.S. surplus lines insurer, Canopius US Insurance, Inc and Canopius Reinsurance Ltd, a Bermuda-based Class 4 Insurer.
For more information, visit www.canopius.com or follow @CanopiusGroup.
About Measured Analytics and Insurance
Measured Analytics and Insurance is a U.S.-based cyber insurance provider that utilizes proprietary, AI-rich data analytics and national security grade threat intelligence to deliver smarter cyber insurance products. The combination of flexible cyber underwriting solutions, data-driven insights and strategic partnerships with leading cybersecurity companies makes Measured the cyber risk solutions provider of choice. Learn more at measuredinsurance.com.