USI Expands Cyber Answerlytics Solution Platform

VALHALLA, N.Y., Sept. 29, 2022 (GLOBE NEWSWIRE) — USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement consulting, today announced the expansion of its proprietary cyber Answerlytics™ solution platform to include a total of 14 industry-leading cyber risk management providers focused on helping clients proactively reduce their exposure to financial risk from urgent cyber vulnerabilities and emergent threats.

Amid a challenging underwriting environment, the gap between emerging cyber threats, business vulnerabilities and the next generation of cyber solutions and service providers is costing organizations when it comes to financial losses. As cyber incidents continue to cause severe losses, insurers are no longer satisfied with rudimentary pre-event risk mitigation and demand advanced risk controls to consider quoting cyber insurance coverage. Answerlytics is helping to close this gap by providing USI clients prioritized and discounted access to an expanded network of Answerlytics Curated Providers, including BlackOps Partners, Corvid, CyberSafe, Cybir, Designed Privacy, Fisher Broyles LLP, Fortress SRM, GoBox, Kroll, LastPass, LIFARS – a SecurityScorecard Company, Second Sight, Spencer Fane LLP and Tracepoint. These providers were selected to help USI clients proactively address critical vulnerabilities and to establish and maintain the proper controls and practices on which cyber underwriters focus.

“Launched in 2021, Answerlytics is a truly differentiated cyber offering from USI that is benefiting our clients and carrier partners through improved risk evaluation, risk mitigation and risk presentation to carriers,” stated Nadia Hoyte, national cyber practice leader for USI. “Traditional cyber insurance and risk mitigation tools often fail to address emergent risks, which is why we are proud to partner with some of the industry’s leading providers to offer our clients preferred access to…