SAN FRANCISCO, November 30, 2023 – At-Bay, the InsurSec provider for the digital age, announced today that it has achieved the Amazon Web Services (AWS) Cyber Insurance Competency. This specialization recognizes At-Bay as an AWS Partner that helps AWS customers improve their security posture and find affordable cyber insurance policies through a new, simplified customer experience.
Achieving the AWS Cyber Insurance Competency differentiates At-Bay as a member of the AWS Partner Network (APN) that operates a quoting solution that assesses the customer’s AWS environment by way of AWS Security Hub to provide actionable recommendations on how to improve their security posture. These valuable insights can help customers unlock higher coverage limits or reduce costs on premiums. At-Bay Insurance Services LLC provides customers a fast and easy way to obtain a quote and procure cyber insurance through their validated solution.
“As an InsurSec provider, we combine comprehensive insurance coverage, mission-critical security technologies, threat intelligence, and human expertise, to bridge the critical security capability gap that exists among SMBs in the community,” said Thom Dekens, Chief Business Officer and General Manager of At-Bay Security. “We believe this is an $80B market opportunity and we are thrilled to be working with AWS to further our mission of defending US businesses from cyber crime.”
AWS is enabling scalable, flexible, and cost-effective solutions from startups to global enterprises. To support the seamless integration and deployment of these solutions, the AWS Competency Program helps customers identify AWS Partners with deep industry experience and expertise.
Through the assistance of a surplus lines broker, AWS customers can request a surplus cyber insurance quote through the At-Bay AWS Partner Site. Each cyber policy placed by At-Bay includes access to At-Bay’s proprietary security platform, At-Bay Stance Exposure Manager, as well as security advisory services from At-Bay’s Managed Security team.
Jackie Gray, Corporate Communications
At-Bay is the InsurSec provider for the digital age. By combining world-class cybersecurity technology with industry-leading insurance expertise, At-Bay was designed from the ground up to empower businesses to thrive in the digital world by providing end-to-end prevention and protection. A full-stack insurance company, At-Bay offers Cyber, Tech E&O and Miscellaneous Professional Liability (MPL) policies. At-Bay is backed by Acrew Capital, Glilot Capital, the HSB fund of Munich Re Ventures, Icon Ventures, ION Crossover Partners, Khosla Ventures, Lightspeed Venture Partners, M12, entrepreneur Shlomo Kramer, and Qumra Capital. www.at-bay.com
Endnote: At-Bay estimates the Total Addressable Market for InsurSec will reach $80 Billion by 2028. The InsurSec market estimate was calculated by taking each of the major product- and service-related components that an InsurSec solution will provide, and determining what the estimated market value and growth rate is of each individual product/service category per adoption among the small and mid-sized business market segment specifically. The categories included: Cyber Insurance, Endpoint Detection and Response, Managed Detection and Response, Vulnerability Management, Extended Detection and Response, Digital Forensics and Incident Response.