CoverHound has revealed plans to launch an online cyber insurance brand in July. The Expedia-based digital insurance broker has created a new model that involves underwriting the security vendors used by those insured. Keith Moore, the firm’s CEO sees the product as a gateway policy which he expects to appeal to small business owners. CoverHound aims to help educate small business and enable them to create a cyber security plan, identify suitable vendors, and select the right insurance policies to suit their needs.
CoverHound has revealed plans to launch an online cyber insurance brand in July. The US-based digital insurance broker has created a new model that involves underwriting the security vendors used by those insured. Keith Moore, the firm’s CEO sees the product as a gateway policy which he expects to appeal to small business owners. CoverHound aims to help educate small business and enable them to create a cyber security plan, identify suitable vendors, and select the right insurance policies to suit their needs.