Industry

Insurance

Cyber-risk context

Insurers hold large volumes of sensitive policyholder and claims data, and increasingly face cyber-specific scrutiny both as a regulated entity and as an underwriter of cyber risk itself.

Business & operational impact

A breach exposes policyholder personal and financial data at scale, and undermines the risk-assessment credibility that underwriting depends on.

Attack surface & control challenges

Legacy policy administration systems integrated with modern digital claims and quote platforms, extensive broker and third-party data sharing, and data retention obligations that widen the attack surface over time.

Common buyer scenarios

Meeting reinsurer or regulator security expectations; validating controls ahead of a cyber-insurance renewal (as either a buyer or an underwriter); responding to a claims-data exposure incident.

Applicable regulations & standards

Relevant Cybecs capabilities

Case study / proof

S
CASE STUDY · SAPIENS INTERNATIONAL, INSURANCE-FOCUSED FINANCIAL SAAS

In-depth penetration testing, remediation validation, and ongoing 24/7 monitoring delivered for Sapiens International: security work scoped specifically around insurance-industry software and data.

FAQ

Do you work with insurers on the underwriting side?
Yes, we support insurers assessing applicants' security posture as well as insured organizations preparing for renewal, including our own outsourced-CISO relationship with Phoenix Insurance.
Can you help us pass a cyber-insurance readiness check?
Yes, our Cyber Insurance Readiness self-assessment tool and Regulatory Compliance service are built for exactly this.

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