SecurityScorecard Announces Strategic Partnership with Willis
SecurityScorecard and Willis (WTW) have announced a strategic partnership to enhance cyber risk intelligence and insurance solutions. The collaboration aims to improve cyber risk quantification, insurance modeling, and enterprise security strategies globally. SecurityScorecard has designated Willis as its official insurance broker.
The partnership will focus on four key areas:
- Enhanced cyber risk quantification by integrating SecurityScorecard's security signals with Willis' Cyber Quantified framework
- Joint research publication on cyber risk management
- Advanced vendor risk management for third-party cybersecurity risks
- Innovative cyber insurance solutions to optimize coverage and premiums
SecurityScorecard e Willis (WTW) hanno annunciato una partnership strategica per migliorare l'intelligence sui rischi informatici e le soluzioni assicurative. La collaborazione mira a migliorare la quantificazione dei rischi informatici, la modellazione assicurativa e le strategie di sicurezza aziendale a livello globale. SecurityScorecard ha designato Willis come suo broker assicurativo ufficiale.
La partnership si concentrerà su quattro aree chiave:
- Quantificazione avanzata dei rischi informatici integrando i segnali di sicurezza di SecurityScorecard con il framework Cyber Quantified di Willis
- Pubblicazione congiunta di ricerche sulla gestione dei rischi informatici
- Gestione avanzata dei rischi dei fornitori per i rischi informatici di terzi
- Soluzioni assicurative innovative per ottimizzare la copertura e i premi
SecurityScorecard y Willis (WTW) han anunciado una asociación estratégica para mejorar la inteligencia sobre riesgos cibernéticos y las soluciones de seguros. La colaboración tiene como objetivo mejorar la cuantificación de riesgos cibernéticos, la modelización de seguros y las estrategias de seguridad empresarial a nivel global. SecurityScorecard ha designado a Willis como su corredor de seguros oficial.
La asociación se centrará en cuatro áreas clave:
- Cuantificación mejorada de riesgos cibernéticos al integrar las señales de seguridad de SecurityScorecard con el marco Cyber Quantified de Willis
- Publicación conjunta de investigaciones sobre gestión de riesgos cibernéticos
- Gestión avanzada de riesgos de proveedores para riesgos de ciberseguridad de terceros
- Soluciones innovadoras de seguros cibernéticos para optimizar la cobertura y las primas
SecurityScorecard와 Willis (WTW)는 사이버 위험 정보 및 보험 솔루션을 강화하기 위한 전략적 파트너십을 발표했습니다. 이 협력은 사이버 위험의 정량화, 보험 모델링 및 전 세계 기업 보안 전략을 개선하는 것을 목표로 합니다. SecurityScorecard는 Willis를 공식 보험 중개인으로 지정했습니다.
파트너십은 네 가지 주요 분야에 집중할 것입니다:
- SecurityScorecard의 보안 신호와 Willis의 Cyber Quantified 프레임워크를 통합하여 사이버 위험 정량화 향상
- 사이버 위험 관리에 대한 공동 연구 발표
- 제3자 사이버 보안 위험을 위한 고급 공급업체 위험 관리
- 보장 및 보험료 최적화를 위한 혁신적인 사이버 보험 솔루션
SecurityScorecard et Willis (WTW) ont annoncé un partenariat stratégique pour améliorer l'intelligence sur les risques cybernétiques et les solutions d'assurance. La collaboration vise à améliorer la quantification des risques cybernétiques, la modélisation des assurances et les stratégies de sécurité des entreprises à l'échelle mondiale. SecurityScorecard a désigné Willis comme son courtier d'assurance officiel.
Le partenariat se concentrera sur quatre domaines clés :
- Quantification améliorée des risques cybernétiques en intégrant les signaux de sécurité de SecurityScorecard avec le cadre Cyber Quantified de Willis
- Publication conjointe de recherches sur la gestion des risques cybernétiques
- Gestion avancée des risques fournisseurs pour les risques de cybersécurité tiers
- Solutions d'assurance cybernétiques innovantes pour optimiser la couverture et les primes
SecurityScorecard und Willis (WTW) haben eine strategische Partnerschaft angekündigt, um die Cyber-Risiko-Intelligenz und Versicherungslösungen zu verbessern. Die Zusammenarbeit zielt darauf ab, die Quantifizierung von Cyber-Risiken, die Versicherungsmodellierung und die Unternehmenssicherheitsstrategien weltweit zu optimieren. SecurityScorecard hat Willis als offiziellen Versicherungsmakler benannt.
Die Partnerschaft wird sich auf vier Schlüsselbereiche konzentrieren:
- Verbesserte Quantifizierung von Cyber-Risiken durch die Integration von SecurityScorecards Sicherheits-Signalen mit dem Cyber Quantified-Framework von Willis
- Gemeinsame Forschungs Veröffentlichung zur Cyber-Risikomanagement
- Fortgeschrittenes Lieferantenrisikomanagement für Drittrisiken in der Cybersicherheit
- Innovative Cyber-Versicherungslösungen zur Optimierung von Deckung und Prämien
- Strategic partnership strengthens market position in cyber risk assessment
- Integration of SecurityScorecard's ratings with Willis' framework enhances service offerings
- Potential for improved insurance pricing and coverage optimization
- Expanded capabilities in third-party risk assessment
- None.
Insights
The strategic partnership between SecurityScorecard and Willis represents a positive development for WTW's competitive positioning in the cybersecurity risk management space. This collaboration formalizes and deepens an existing relationship, with SecurityScorecard now designating Willis as its official insurance broker.
The partnership focuses on four key areas: enhanced cyber risk quantification, joint research initiatives, advanced vendor risk management, and innovative cyber insurance solutions. By integrating SecurityScorecard's ratings and analytics with Willis' risk management expertise, WTW gains enhanced capabilities to deliver more sophisticated risk assessment solutions to clients.
Particularly noteworthy is the integration of SecurityScorecard's security signals with Willis' proprietary Cyber Quantified framework, which should strengthen Willis' underwriting models. This data-driven approach could potentially improve risk pricing accuracy and create competitive differentiation in the cyber insurance market.
While the announcement doesn't provide specific financial projections or terms, this partnership strategically positions WTW to better serve clients with increasingly complex cybersecurity needs. The alignment between cybersecurity investments and insurance underwriting processes also creates opportunities for optimizing coverage and premiums, potentially strengthening client relationships.
For WTW investors, this represents an incremental enhancement to service capabilities rather than a transformative change. The partnership demonstrates WTW's commitment to strengthening its cyber risk assessment offerings through strategic collaboration.
SecurityScorecard and Willis align to advance cyber risk intelligence
As part of this partnership, SecurityScorecard has named Willis as its official insurance broker, further strengthening the alignment between cyber risk insights and insurance strategy. The partnership aims to leverage the combined expertise of SecurityScorecard and Willis to analyze, inform, and enhance cybersecurity event data, risk management strategies, and quantification models for the insurance sector.
By integrating SecurityScorecard’s advanced cybersecurity ratings and analytics with Willis’ risk management and insurance insights, the companies will deliver cutting-edge solutions that improve cyber resilience and risk assessment for enterprises worldwide.
Andrew Correll, Senior Director of Cyber Insurability at SecurityScorecard, said: "Organizations face increasing pressure to quantify and mitigate cyber risk with greater precision. This partnership with Willis strengthens our ability to provide real-time, data-driven insights that empower enterprises and insurers to make smarter, more informed decisions in an ever-changing digital landscape."
Key Areas of Collaboration
SecurityScorecard and Willis will collaborate on multiple initiatives, including:
- Enhanced Cyber Risk Quantification: Develop new models that integrate SecurityScorecard’s security signals with Willis’ proprietary Cyber Quantified framework.
- Joint Research: Publish industry insights on cyber risk management and insurance best practices.
- Advanced Vendor Risk Management: Provide organizations with greater visibility into third-party cybersecurity risks.
- Innovative Cyber Insurance Solutions: Align cybersecurity investments with insurance underwriting processes to optimize coverage and premiums.
Dr. Claudia Piccirilli, Senior Director, Global FINEX Data Science & Analytics at Willis, said: "By aligining with SecurityScorecard, we are unlocking new opportunities for clients by bridging the gap between cybersecurity and insurance. Our collaboration will empower organizations with the insights and tools they need to proactively manage cyber risk and strengthen their security posture."
About SecurityScorecard
SecurityScorecard created Supply Chain Detection and Response (SCDR), transforming how organizations defend against the fastest-growing threat vector—supply chain attacks. Our industry-leading security ratings serve as the foundation and core strength, while SCDR continuously monitors third-party risks using our factor-based ratings, automated assessments and proprietary threat intelligence, to resolve threats before they become breaches. MAX enables response and remediation capability, working through our service partners to protect the entire supply chain ecosystem while strengthening operational resilience, enhancing third-party risk management and mitigating concentrated risk.
Trusted by over 3,000 organizations—including two-thirds of the Fortune 100—and recognized as a trusted resource by the
Learn more at securityscorecard.com or follow us on LinkedIn.
About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance. Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you. Learn more at www.wtwco.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250402226821/en/
Media Contact
Allison Knight
10Fold for SecurityScorecard
securityscorecard@10fold.com
Source: SecurityScorecard
FAQ
What are the main objectives of the SecurityScorecard and WTW partnership?
How will the SecurityScorecard-WTW collaboration improve cyber risk assessment?
What services will the SecurityScorecard and WTW partnership offer to clients?
How will the SecurityScorecard-WTW partnership benefit insurance clients?
