“Many companies can be taken down by a single cyberattack, and the pace at which cyber criminals are evolving means that risk management efforts must move just as quickly, if not more so."
BOCA RATON, Fla. (PRWEB) March 12, 2020
Cyber Armada Insurance today announced a specialized brokerage to serve middle market companies. In partnership with some of the nation’s top commercial insurance carriers, Cyber Armada will enable companies to manage risk and find the right cyber policy to protect their business and bottom line.
For all organizations, it’s no longer a question of if a cyberattack will occur, but when. Cyber Armada was purposefully formed to provide unparalleled levels of knowledge and support to help businesses make the right cyber risk and cyber insurance decisions. Led by insurance and cyber risk veterans, the Cyber Armada Insurance team aims to educate and advise their clients for the life of their relationships.
“Cyber risk is not very well understood in today’s business climate,” said Ed Breman, Founder of Cyber Armada. “Many companies can be taken down by a single cyberattack, and the pace at which cyber criminals are evolving means that risk management efforts must move just as quickly, if not more so. The specialized knowledge in cyber risk management and cyber coverage hasn’t been available to middle market companies previously. We now fill that important role.”
“We identified a critical need that wasn’t being addressed,” said Tim Picken, formerly of Zurich Insurance a Cyber Armada Board Member and 38-year insurance industry veteran. “Middle-market businesses are most vulnerable to serious cyber losses, yet have a very limited understanding of how to manage the risk. Cyber Armada is able to anticipate a customer’s needs, solve problems and mitigate risk. This not only protects a company’s balance sheet, but in many cases, their very existence.”
In addition to its primary brokerage function, Cyber Armada’s educational focus includes a wide range of content to enable the business community to stay abreast of the cyber risk landscape, emerging threats, trends, coverages and more. The company will actively present this content through a variety of channels.
About Cyber Armada
Cyber Armada Insurance is the go-to resource for best-in-class cyber risk management advice and insurance. We enable businesses to understand cyber risk, what’s financially at stake and how to navigate the cyber insurance market. We guide our clients through evaluation, preparedness, policy selection and, if needed, post-breach support. For more information, visit cyber-armada.com or call 1-888-727-6232.
Cyber Armada Insurance
888.727.6232 X 704