The challenge
A cloud-based developer of back office solutions for the healthcare industry became intrigued upon learning that Marsh, along with leading cyber insurance carriers, had developed a new cyber insurance program specifically for SMBs utilizing AWS for cloud computing.
The Marsh Cyber Accelerate program evaluates a business's unique risk posture to offer customized cyber insurance quotes. However, the company hesitated when it received a lower quote for cyber insurance from a competitor.
The solution
Follow-up discussions with a Marsh cyber advisor solidified to the key decision-makers from the company that the Marsh Cyber Accelerate program was an ideal solution for their organization.
After completing the digital application containing a streamlined set of questions, the client received a quote for cyber insurance within two business days.
The result
The firm was particularly impressed by the potential for better future pricing and the availability of AWS insights. They also appreciated the availability of installment options, which helped make this program an attractive choice for them.
Marsh's advisory team offers extensive knowledge and experience, assisting companies in navigating the complex cyber risk landscape and the cyber insurance marketplace throughout each process step.
