Company Announcements

SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 14, 2024-- Mulberri, a digital insurance platform redefining business insurance, announced it is collaborating with Qualys (NASDAQ: QLYS), a leading provider of disruptive cloud-based IT, security and compliance solutions, to offer exclusive discounts on cyber insurance for eligible* customers.

This initiative aims to address the rising threat of cyberattacks targeting SMEs, which now affect 68% of organizations annually (source) and marks an important step in helping businesses safeguard their digital assets while optimizing their cybersecurity insurance coverage.

Mulberri Cyber offers a robust and innovative cyber insurance product, designed to meet the evolving needs of businesses. The product ensures rapid response to cyber incidents and covers a range of scenarios including data breaches, ransomware, and network interruptions.

"By aligning our cyber insurance with Qualys, we are furthering our mission to make insurance more accessible, affordable, and responsive to the actual Small and Medium-Sized Enterprises (SMEs) cyber risk landscape. Businesses that actively manage their security posture with Qualys deserve to see exclusive benefits," said Hamesh Chawla, Co-founder and CEO of Mulberri.

With this new offering, customers can benefit from:

• Exclusive Cyber Insurance Discounts – Eligible Qualys customers will qualify for lower premiums on cyber insurance through Mulberri Cyber.
• Comprehensive Coverage for SMEs – Mulberri Cyber provides protection against a wide variety of cyber threats, with easy-to-understand policies and straightforward premiums.
• Streamlined Application Process – Thanks to the integration with Qualys, the process of obtaining cyber insurance is simpler and more efficient for customers, requiring just a single underwriting question.

By working together, it reinforces the commitment of both Mulberri and Qualys to support SME businesses in managing their cyber risk while mitigating the financial impact of potential cyber incidents.

“With our new Risk Operations Center (ROC) delivered by Qualys Enterprise TruRisk Management, we are seeking to transform the cyber insurance underwriting process by taking the first step into an inside-out view of cyber risk for insurance,” said Rich Seiersen, chief risk tech officer at Qualys. “We want to provide insurers with real-time, comprehensive insights into an organization's risk landscape, enabling more accurate assessments and tailored coverage options. This innovation not only enhances the underwriting experience but also empowers businesses to proactively measure, communicate, and eliminate their cyber risks."

About Mulberri

Mulberri is a cutting-edge insurance platform designed for the modern world. With its digital-first approach, Mulberri offers innovative insurance products for businesses, including comprehensive cyber insurance through its Mulberri Cyber line. By leveraging advanced technologies and partnerships, Mulberri ensures that its clients are protected from the most pressing risks in today’s evolving landscape.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241114383059/en/

MEDIA CONTACT
Sam Kusinitz
sam@mulberri.io

Source: Mulberri