Incyde Risk, an insurance facility for cyber risks, has been introduced with the backing of Safe Security, Mosaic 1609, and other syndicates at Lloyd’s.
It provides insurance coverage of up to $25 million for medium-sized US businesses, focusing on primary and first-excess coverage. Mosaic 1609 is leading the effort to advance cyber insurance underwriting using Safe’s technology in partnership with Lloyd’s syndicates.
Safe’s platform uses APIs to simultaneously gather cyber risk data and signals from over 100 cloud, software as a service (SaaS), cybersecurity products, and external threat intelligence.
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