BOSTON and LONDON (May 18 , 2021) – Liberty Mutual Insurance has partnered with leading cyber security rating provider SecurityScorecard to offer complimentary cybersecurity analysis to qualifying clients of its Global Risk Solutions North America and Liberty Specialty Markets units.
Through Liberty Mutual’s strategic relationship with SecurityScorecard, qualifying policyholders will receive a detailed analysis of their cybersecurity and the external threats to which they may be vulnerable. The SecurityScorecard report will also include recommendations for improving security.
“While current cyber insurance policies provide a response when a client’s security is breached, by partnering with SecurityScorecard we can offer clients valuable insights and analysis before a breach occurs,” said Liberty Mutual Global Risk Solutions Chief Underwriting Officer David Perez. “It’s about helping our clients take preventative steps, rather than just providing remediation after the breach.”
SecurityScorecard is a leading provider of security ratings, having analyzed over 5 million businesses. The company’s award-winning technology collects and analyses global cyber threats to provide organizations with an easy-to-understand A–F rating of their security and that of their third parties. This enables organizations to gain a hacker’s-eye-view of their security and see where they could be exposed to a cyber-breach.
“As the only security ratings company to be honored as a ‘Tech Pioneer’ by the World Economic Forum in 2020, we are trusted to work with businesses in highly-regulated sectors all over the world,” said SecurityScorecard’s COO and co-founder Sam Kassoumeh. “We are proud to partner with Liberty Mutual as they embrace the goal of security ratings to drive continuous improvement and resilience for their clients.”
About Liberty Mutual Insurance
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
In business since 1912, and headquartered in Boston, today we are the sixth largest global property and casualty insurer based on 2020 gross written premium. We also rank 77th on the Fortune 100 list of largest corporations in the U.S. based on 2019 revenue. As of December 31, 2020, we had $43.8 billion in annual consolidated revenue.
We employ over 45,000 people in 29 countries and economies around the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, specialty lines, reinsurance, commercial multiple-peril, workers compensation, commercial automobile, general liability, surety, and commercial property.
For more information, visit www.libertymutualinsurance.com