Integrated offering bridges the gap between insurance terms and current threats
Computest Security and niche insurer Hienfeld have partnered to help organizations adequately insure their cyber risks. Together, they offer an integrated solution focused on the prevention and insurability of cyber risks for organizations with a turnover of more than 50 million euros. Additionally, companies receive support throughout the policy term via a Cyberrisk Management Desk. With this thorough approach, Hienfeld and Computest Security respond to the need for accessible cyber insurance that adapts to ever-evolving threats.
Through the partnership with Computest Security, Hienfeld, as a specialized niche insurer, can offer both cyber insurance and security advice to a specific market segment. A key differentiator is the support and expertise provided during the often complex and time-consuming application process. Computest Security can also offer optional support during the policy term, through cyber risk detection and response services.
"For the acceptance of cyber insurance, it’s crucial to properly assess whether risk prevention measures are well implemented. Many policyholders and their advisors struggle to make an accurate assessment," explains Jelmer Hartman, Manager Underwriting at Hienfeld. "We ensure that a Computest Security specialist reviews this process to verify whether the measures taken offer the right protection for the insured. This expert also guides the business owner through the process, raising awareness of its importance."
Strengthening cyber resilience
Based on Computest Security’s analysis, a clear picture of the company's situation emerges, highlighting any missing elements or areas for improvement. Often, there are still vulnerabilities within the business that neither the owner nor the advisor is fully aware of. This immediately enhances the organization’s cyber resilience.
In addition to providing support during the insurance acceptance phase, Computest Security also plays a key role throughout the duration of the policy. For example, business owners can reach out to the Cyberrisk Management Desk, staffed by security specialists, for questions about cybersecurity or emerging threats. Furthermore, as part of the insurance package, Computest Security conducts an annual check during the policy renewal process. This is crucial, as cyber risks evolve relatively quickly. Moreover, regulations such as NIS2 and the Cybersecurity Act continuously impose new requirements on organizations, potentially introducing additional risks. These requirements also extend to company executives, who can be held personally liable.
Initiators: Ernst Boot (Computest), Jelmer Hartman, Marcel de Waal (Hienfeld) en Dennis de Hoog (Computest)
The partnership benefits not only businesses with a robust insurance policy and specialized security knowledge, but also the advisors Hienfeld collaborates with, ensuring their clients receive the best advice to reduce cyber risks. "All parties involved benefit from this collaboration. Companies improve their cyber resilience, and advisors have the confidence that their clients are better protected against cyber threats. We always focus on the long term, which is why we’re happy to invest in our clients’ cyber resilience. We aim to guarantee insurability in the future," says Hartman.
"As Hienfeld's security partner, we can make a structural and concrete contribution to the insurability of cyber risks," says Dennis de Hoog, CEO of Computest Security. "As an insurer, you typically respond to something that has already happened. By gaining early insight into new security issues and focusing on prevention, you can effectively reduce the risks. Additionally, through our Cyberrisk Management Desk, we ensure that insured companies feel supported throughout the entire duration of the insurance policy."
Roadshow for advisors
The new proposition can be offered by insurance advisors starting in December. To provide them with information in advance, Hienfeld is organizing three Cyber Sessions at different locations in the near future. Specialists from Computest Security will also be present to give an update on the latest developments in cybersecurity. You can register for the Cyber Sessions via this link.