Cyber Insurers

Discover novel cyber risks and assess customer defence mechanisms.

BlackSwan’s ELEMENT of Insurance™ provides cyber insurance companies with a complete view of the existing and emerging cyber risks of their customers. Relevant company-specific data in both structured and unstructured formats, from internal and public sources, are indexed on a knowledge graph along with information about peer companies. The knowledge base is continuously updated via incident monitoring from open sources.

Insurers can assess how the cyber defence mechanisms and recovery plans of potential customers compare with similar companies to determine their risk levels, while monitoring for emerging threats and incidents within their industry. AI models enabled by machine/deep learning and natural language processing infer expert-level insights to determine appropriate risk ratings for potential customers and tailor product offers and quotes. 

Why BlackSwan?

• • 360-Degree Customer View

    Achieve a comprehensive and evolving visual representation of all relevant customer information, including financials, social media engagement, threat intelligence, and compliance information. 

• • Advanced Risk Assessment

    Correlate and analyse all risk-related information while leveraging predictive AI models to automatically generate risk-related insights on clients and markets based on a set of attributes and events, and produce risk scores for customers.

• • Robust Case Management

    Track customer interactions, transactions, policy recommendations, and relevant external changes via agent dashboards, while receiving alerts of changes in key customer attributes for up-sale and cross-sale. 

Success Stories

• • A world-leading reinsurance company utilises ELEMENT of Insurance to modernise its cyber insurance infrastructure by employing cyber environment monitoring to discover emerging threats and security trends including cyber analysis predictions and recommendations. Learn More