HSB swoops for digital cybersecurity platform

Acquisition will strengthen the insurer’s offering

HSB swoops for digital cybersecurity platform

Cyber

By Ryan Smith

Specialty insurer and Munich Re subsidiary HSB has announced that it has acquired Zeguro’s digital cybersecurity platform, which includes a suite of cyber risk management tools and services designed for small businesses.

The addition of the Zeguro Cyber Safety Solution platform and key personnel will strengthen the cybersecurity services HSB offers its customers and partners, the company said. The platform provides small and medium-sized businesses with integrated online access to cybersecurity training, compliance policies, and web application monitoring to help identify their cyber insurance vulnerabilities.

“A business needs both cyber insurance and security,” said Timothy Zeilman, vice president for HSB. “The combination of HSB’s cyber coverage and Zeguro’s proven risk management platform offers a seamless experience for our customers to get the protection they need.”

“We’re excited to join HSB and Munich Re,” said Sidd Gavirneni, founder and CEO of Zeguro. “It’s a great opportunity to enhance the Zeguro Cyber Safety Solution while creating unique insurance protection for small businesses.”

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