Case Study

SecurityScorecard Helps Cyber Insurance Provider Better Understand Customer Risk

SecurityScorecard Helps Cyber Insurance Provider Better Understand Customer Risk

Fubon Insurance, a Taiwan-based insurer with 2,700 employees, began offering cyber insurance but struggled to accurately understand prospect risk and price premiums accordingly. Using SecurityScorecard Ratings, Fubon reviews a prospect’s cybersecurity posture early in the sales and underwriting process to identify low-risk, profitable candidates, factor risk into premium pricing, and support reinsurer inquiries. The company also uses ratings to raise cyber risk awareness among existing customers and help them decide whether to add cyber insurance. As a result, Fubon reports reduced underwriting risk, improved product profitability, and a stronger foundation for customer engagement.

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