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Description

Embroker provides a solution for obtaining cyber liability insurance, which protects against both first-party and third-party financial losses that arise from data breaches and various cybercrimes that may jeopardize sensitive information of companies and their clients. Known as “cyber risk insurance” or “cyber liability insurance,” this financial product allows businesses to mitigate the expenses associated with recovering from incidents related to cyber security breaches or comparable situations. Among the key components of a cyber insurance policy is network security coverage, which comes into play during incidents of network security failures, including data breaches, malware infections, ransomware attacks, and compromises of business accounts and email systems. In addition to covering direct losses, the policy also addresses liability claims and other related costs stemming from an attack or breach, making it an essential safeguard for modern businesses. As the digital landscape continues to evolve, having robust cyber insurance has become increasingly critical for ensuring business continuity and protecting against potential financial ruin.

Description

ManageMy operates as a digital insurance platform aimed at assisting insurance carriers in upgrading their operations, enhancing customer interactions, and streamlining policy workflows while allowing them to retain their existing core systems. It serves as a comprehensive "deep front-end" interface that integrates and manages various backend systems, including policy administration, billing, claims management, and external tools, to deliver a cohesive digital experience for agents, clients, and internal departments. By utilizing this orchestration layer, insurers can consolidate their data, automate processes, and develop digital customer journeys that encompass the full insurance lifecycle, from quoting and purchasing policies to managing accounts and handling claims. Furthermore, the platform encompasses modules that cater to essential insurance functions such as sales enablement, policy servicing, and claims management. These interconnected modules collaborate to expedite the quoting process, enhance customer engagement, and minimize operational delays through customizable automation, ultimately leading to a more efficient and responsive insurance environment. The result is a seamless integration of technology that significantly benefits both insurers and their clients alike.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Embroker

Founded

2015

Country

United States

Website

www.embroker.com/coverage/cyber-insurance/

Vendor Details

Company Name

ManageMy

Founded

2018

Country

United States

Website

managemy.com

Product Features

Product Features

Alternatives

Alternatives

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