Travelers Announces Enhanced Services for Cyber Liability Customers
Travelers (NYSE: TRV) has launched Travelers Cyber Risk Services, an enhanced suite of capabilities included with all cyber liability policies. The new services aim to help businesses reduce cyberattack risks and recovery costs through three key features:
- A Cyber Risk Dashboard providing 24/7 threat monitoring, customized recommendations, and access to preferred vendors
- Expert Guidance from a dedicated team for strengthening cybersecurity measures
- Personalized Onboarding including one-on-one consultation with cyber experts
This launch follows Travelers' recent acquisition of Corvus, a cyber insurance managing general underwriter, adding proprietary technology to its cyber products. According to Jeff Klenk, President of Bond & Specialty Insurance, cyber risks remain the top concern for companies based on the recent Travelers Risk Index.
Travelers (NYSE: TRV) ha lanciato Travelers Cyber Risk Services, una suite avanzata di capacità inclusa in tutte le polizze di responsabilità informatica. I nuovi servizi mirano ad aiutare le aziende a ridurre i rischi di attacchi informatici e i costi di recupero attraverso tre caratteristiche principali:
- Un Dashboard dei Rischi Informatici che offre monitoraggio delle minacce 24 ore su 24, raccomandazioni personalizzate e accesso a fornitori preferiti
- Consulenza Esperta da un team dedicato per rafforzare le misure di sicurezza informatica
- Onboarding Personalizzato che include una consulenza individuale con esperti informatici
Questo lancio segue l'acquisizione recente da parte di Travelers di Corvus, un gestore generale di assicurazioni informatiche, aggiungendo tecnologia proprietaria ai suoi prodotti informatici. Secondo Jeff Klenk, Presidente di Bond & Specialty Insurance, i rischi informatici rimangono la principale preoccupazione per le aziende secondo il recente Travelers Risk Index.
Travelers (NYSE: TRV) ha lanzado Travelers Cyber Risk Services, un conjunto mejorado de capacidades incluido en todas las pólizas de responsabilidad cibernética. Los nuevos servicios tienen como objetivo ayudar a las empresas a reducir los riesgos de ciberataques y los costos de recuperación a través de tres características clave:
- Un Tablero de Riesgos Cibernéticos que proporciona monitoreo de amenazas 24/7, recomendaciones personalizadas y acceso a proveedores preferidos
- Orientación Experta de un equipo dedicado para fortalecer las medidas de ciberseguridad
- Incorporación Personalizada que incluye una consulta uno a uno con expertos en ciberseguridad
Este lanzamiento sigue a la reciente adquisición de Travelers de Corvus, un administrador general de seguros cibernéticos, que añade tecnología propietaria a sus productos cibernéticos. Según Jeff Klenk, Presidente de Bond & Specialty Insurance, los riesgos cibernéticos siguen siendo la principal preocupación para las empresas según el reciente Travelers Risk Index.
트래블러스 (NYSE: TRV)는 트래블러스 사이버 리스크 서비스를 출시했습니다. 이는 모든 사이버 책임 보험 정책에 포함된 향상된 기능 세트입니다. 새로운 서비스는 기업이 사이버 공격 위험과 복구 비용을 줄이는 데 도움을 주기 위해 세 가지 주요 기능을 제공합니다:
- 24시간 위협 모니터링, 맞춤형 권장 사항 및 선호 공급업체에 대한 접근을 제공하는 사이버 리스크 대시보드
- 사이버 보안 조치를 강화하기 위한 전담 팀의 전문가 안내
- 사이버 전문가와의 일대일 상담을 포함하는 개인화된 온보딩
이번 출시는 트래블러스가 사이버 보험 관리 총괄인 코르부스를 최근 인수한 후 이루어졌으며, 사이버 제품에 독점 기술을 추가했습니다. 본드 및 전문 보험의 제프 클렌크 사장에 따르면, 최근 트래블러스 리스크 지수에 따르면 사이버 위험은 기업의 주요 관심사로 남아 있습니다.
Travelers (NYSE: TRV) a lancé Travelers Cyber Risk Services, une suite améliorée de capacités incluse dans toutes les polices de responsabilité cybernétique. Les nouveaux services visent à aider les entreprises à réduire les risques de cyberattaques et les coûts de récupération grâce à trois caractéristiques clés :
- Un Tableau de Bord des Risques Cybernétiques offrant une surveillance des menaces 24/7, des recommandations personnalisées et un accès à des fournisseurs privilégiés
- Conseils d'Experts d'une équipe dédiée pour renforcer les mesures de cybersécurité
- Intégration Personnalisée incluant une consultation individuelle avec des experts en cybersécurité
Ce lancement fait suite à l'acquisition récente par Travelers de Corvus, un gestionnaire général d'assurances cybernétiques, ajoutant une technologie propriétaire à ses produits cybernétiques. Selon Jeff Klenk, Président de Bond & Specialty Insurance, les risques cybernétiques restent la principale préoccupation des entreprises selon le récent Travelers Risk Index.
Travelers (NYSE: TRV) hat Travelers Cyber Risk Services gestartet, ein erweitertes Paket von Funktionen, das in allen Cyber-Haftpflichtpolicen enthalten ist. Die neuen Dienstleistungen zielen darauf ab, Unternehmen dabei zu helfen, die Risiken von Cyberangriffen und die Wiederherstellungskosten durch drei Hauptmerkmale zu reduzieren:
- Ein Cyber-Risiko-Dashboard, das 24/7 Bedrohungsüberwachung, maßgeschneiderte Empfehlungen und Zugang zu bevorzugten Anbietern bietet
- Fachkundige Beratung von einem engagierten Team zur Stärkung der Cybersicherheitsmaßnahmen
- Personalisierte Einarbeitung, die eine individuelle Beratung mit Cyber-Experten umfasst
Dieser Launch folgt auf die kürzliche Übernahme von Corvus durch Travelers, einem allgemeinen Versicherer für Cyberversicherungen, der proprietäre Technologie zu seinen Cyberprodukten hinzufügt. Laut Jeff Klenk, Präsident von Bond & Specialty Insurance, bleiben Cyberrisiken die größte Sorge für Unternehmen gemäß dem aktuellen Travelers Risk Index.
- Enhanced cyber security offerings strengthen competitive position in cyber insurance market
- Strategic acquisition of Corvus adds proprietary technology to product portfolio
- New services included at no additional cost with cyber policies
- Expansion of service offerings addresses top customer concern (cyber risks)
- None.
Insights
Travelers' launch of Cyber Risk Services represents a strategic enhancement to their cyber insurance value proposition at an opportune time. With cyber risks cited as the top concern for businesses in their own Risk Index, Travelers is wisely moving beyond traditional post-incident coverage into proactive risk mitigation.
This comprehensive offering - bundled with all cyber policies rather than priced separately - serves multiple strategic purposes. First, it potentially reduces loss ratios by helping policyholders prevent incidents before they occur. Second, it creates meaningful differentiation in an increasingly competitive cyber insurance market. Third, it addresses the fundamental challenge insurers face with cyber risk: the difficulty in quantifying exposures and setting appropriate premiums.
The inclusion of 24/7 monitoring tools and expert guidance transforms Travelers' role from mere risk transfer partner to active risk management advisor. This evolution mirrors successful models in other complex commercial lines where insurers have found that helping clients prevent losses creates more sustainable profitability than simply paying claims.
Travelers' acquisition of Corvus further strengthens this strategic direction by adding proprietary technology capabilities. The combination of enhanced services, technology integration, and expanded expertise positions Travelers to capitalize on growing demand while potentially improving their risk profile. This represents a thoughtful approach to maintaining leadership in a challenging but potentially lucrative segment of the commercial insurance landscape.
Travelers' new Cyber Risk Services targets a critical gap in the cybersecurity ecosystem - the disconnect between insurance coverage and practical risk reduction. The 24/7 risk dashboard delivers particular value by providing continuous visibility into threat exposure, something many organizations lack despite its fundamental importance.
The personalized onboarding component addresses another common failure point: many security tools go underutilized because organizations don't properly configure or integrate them. One-on-one expert consultations can significantly improve implementation effectiveness.
What's particularly noteworthy is the inclusion of a preferred vendor network. This creates an ecosystem approach to cyber defense, recognizing that no single solution addresses all vulnerabilities. For many organizations, especially mid-market companies without dedicated security teams, navigating the fragmented vendor landscape is overwhelming. Curated vendor recommendations from a trusted source like Travelers provides meaningful guidance.
The focus on helping customers "maintain uninterrupted business operations" reveals an important strategic shift toward business continuity rather than just technical security - exactly the right emphasis given that operational disruption typically represents the largest financial impact from cyber incidents.
While the offering's technical specifics aren't detailed, combining human expertise with monitoring tools addresses both the technical and human elements of cybersecurity. This balanced approach is essential given that the most sophisticated security technology can be undermined by human factors without proper guidance and implementation.
New suite of capabilities, Travelers Cyber Risk Services, helps policyholders predict, prevent and recover from cyber incidents
In addition to always-on threat monitoring and tailored alerts, key benefits of Travelers Cyber Risk Services include:
- Cyber Risk Dashboard: This 24/7 tool gives consumers the ability to monitor risks and track progress over time, view customized recommendations ranked by impact and access a network of preferred vendors that cover a wide range of cyber-related services.
- Expert Guidance: A dedicated team is available to provide advice that can help policyholders strengthen cybersecurity measures and mitigate risk.
- Personalized Onboarding: Customers will receive a one-on-one consultation with a cyber expert where they will review security reports, discuss actionable steps and learn about the tools that can help keep their company safe.
“While our recent Travelers Risk Index highlights that cyber is the top concern of companies, these proven cyber risk mitigation features allow companies to focus more time on growing their business and less on worrying about cyberattacks,” said Jeff Klenk, President of Bond & Specialty Insurance at Travelers. “The guidance and expertise passed on through these services can help businesses minimize risk and maximize the effectiveness of their cybersecurity investments.”
The launch of Travelers Cyber Risk Services is just one of many enhancements the company has made to its cyber offerings over the years. Most recently, Travelers acquired the cyber insurance managing general underwriter Corvus, gaining proprietary technology and innovative solutions to add to its already industry-leading cyber products.
“This new suite of services is designed to help customers more efficiently and effectively predict, prevent and recover from cyber incidents,” said Lauren Winchester, Head of Cyber Risk Services at Travelers. “Being able to prepare for an unexpected cyber event can help customers maintain uninterrupted business operations and avoid spending millions of dollars in recovery.”
Travelers Cyber Risk Services are included with the purchase of a cyber insurance policy from Travelers. For information on cyber insurance products and services, please visit www.Travelers.com/cyber or contact an agent or broker.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of more than
View source version on businesswire.com: https://www.businesswire.com/news/home/20250402637365/en/
Media:
Michael Whitmer, 860.277.2010
mwhitmer@travelers.com
Kerry Pillion, 908.447.1708
kpillion@travelers.com
Source: The Travelers Companies, Inc.
FAQ
What new cyber security features does Travelers (TRV) offer with its cyber liability policies?
How does Travelers' (TRV) new Cyber Risk Dashboard work?
What did Travelers (TRV) gain from its Corvus acquisition?
Are Travelers' (TRV) Cyber Risk Services included in the policy cost?
