MAP Insurance® is providing cutting-edge AI-driven cyber insurance solutions to businesses worldwide, safeguarding their digital assets and ensuring rapid recovery from cyber threats. MAP Insurance promises to disrupt the cyber insurance landscape anticipating the frequency and probability of an attack.
MAP Insurance AI provides automated parametric payments, a groundbreaking alternative to traditional insurance. MAP Insurance AI allows businesses to receive automatic payouts based on predefined parameters rather than undergoing lengthy evaluations.
MAP Insurance automation employs hash algorithms, metadata, and meta-tagging. Our protocol aims to provide unparalleled risk management and the continuity of services for financial service professionals and small businesses.
The map insurance® Advantage
Experience a new level of risk management intelligence for insurance. As the cyber landscape continues to shift, cyber resilience requires anticipation of an attack. We empower companies of all sizes to dynamically safeguard their digital infrastructure.
Enhanced Data Protection
Increased ransomware attacks on regulated industries makes insurance providers a prime target. Our data lock protocol protects sensitive client information throughout its lifecycle.
AI Driven Underwriting
Proactively monitor risk vectors across multiple segments. Tailor custom coverage for your clients and accelerate your internal approval process.
Claims Automation
Collaborate with your team and automatically streamline your internal claims workflow. Share key updates with your policy holder and expedite the payout with rules based decisioning.
360° Incident Response
Give your organization peace of mind with 24/7 Phone, Chat, & Email support led by our cybersecurity task force. Catching bad actors before an incident escalates is crucial to a holistic protection plan.
Malware disguised as legitimate software, allowing unauthorized access or damage.
Understanding Cyber Insurance
What is cyber insurance?
Cybersecurity insurance is a specialized insurance product for businesses to cover the impact of a cyber attack. The coverage typically includes protection against financial loss from various cyber incidents including ransomware, data breaches, or other methods hackers use to compromise a network or sensitive data.
Why it matters?
It is estimated that the average ransomware attack can cost a company over £3.5 million GBP in ransom payments. Any company that stores sensitive data including customer information can be subject to a cyber attack. Standard insurance products do not cover loss from cybercrimes leaving a coverage gap many business owners will not foresee in their business risk assessments.
What is covered?
First-party coverage pays for direct losses which may include damages to consumers outside of the business, loss of revenue when computer systems are down, and legal expenses.
