With SAFE, Ventiv Customers Increase Their Cyber Risk Visibility with Real-Time, AI-Driven Insights and their Ability to Effectively Mitigate and Transfer Cyber Risk

Ventiv Technology, a market-leading provider of Risk Management and Insurance solutions is excited to announce a strategic partnership with SAFE, a leader in AI-driven cyber risk management.

Realizing the value of SAFE and its leadership in driving this next generation of cyber insurance underwriting, Ventiv Technology is partnering with SAFE to help its customers streamline the cyber insurance renewal process and secure more competitive terms on cyber insurance. With over 450 customers, Ventiv provides organizations with a feature-rich risk management solution with fully embedded AI-based predictive models enabling users to assess, monitor, and mitigate risk. These customers will now understand the monetary value of their cyber risk based on the industry’s most comprehensive frameworks including FAIR, NIST, and MITRE ATT&CK.

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Ventiv’s Managing Director, Steve Cloutman, said, “As today’s risk environment changes to encompass large-scale, digital risks, we need to be at the forefront of helping our customers manage and quantify their cyber risk – and drive successful cyber insurance renewals.”

Cloutman added, “We already help hundreds of customers be in the best possible position for their P&C insurance renewal negotiations and we’re delighted to expand this to include Cyber. SAFE enables our customers to achieve savings by significantly reducing cyber risk with enhanced visibility across our customers’ entire attack surface. With SAFE’s quick, non-intrusive inside-out assessment our customers have real-time visibility with risk quantification into security gaps such as MFA, misconfigurations, vulnerabilities, and malware findings.”

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SAFE’s ground-breaking AI-driven technology non-intrusively assesses cyber risk on an ‘inside-out’ basis to better understand an organization’s real-time breach likelihood across a variety of cyberattacks and the transparent dollar-value risk per attack based on the FAIR standard.

“Our partnership with Ventiv is a significant step forward in aligning cyber risk with the rest of enterprise risk management,” said Steven Schwartz, VP, Insurance Strategy & Underwriting, SAFE. “We are connecting risks that are otherwise siloed so customers can make informed decisions with real-time, quantitative analytics. With Ventiv, we are helping risk managers and security leaders align and communicate in the same language to ensure better risk-based decisions and insurance program optimization.”

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