In Switzerland, Helvetia will use the solution from Coinnect, a Swiss-Italian start-up which assesses cyber risks in real time using AI capabilities.
Helvetia announced that it had set its sights on the solution from the Ticino start-up Coinnect. The Swiss entity of the insurer will soon operate the cyber risk control platform powered by AI developed by Coinnect.
The solution from the Mendrisio-based start-up will be used by Helvetia to assess the cyber risk of its current and future business customers. The insurer relies on the platform and its AI capabilities to produce additional technical information intended to improve the underwriting process. At the same time, Helvetia will make the results of this weak point analysis available to its customers free of charge.
In addition to the risk assessment, Helvetia’s corporate clients will also have the opportunity to enlist the support of Coinnect experts for more detailed cyber risk assessments, as well as risk mitigation and security services. continuous monitoring. The real-time evaluations provided by Coinnect are based on proprietary methodology and algorithms, the start-up specifies on its website.
Subscribing to Coinnect services will allow companies to benefit from more advantageous insurance conditions, the partners emphasize in their press release. “The partnership between Helvetia and Coinnect underlines our commitment to promoting innovations in the field of cyber insurance and helping our customers improve their resilience in the face of these threats,” emphasizes Andrea Genini, Senior Underwriter and Project Manager at Helvetia.
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