Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer their Cyber Insurance to Acronis‘ small and medium-sized business customers in the US.
The collaboration aims to streamline access to cyber insurance for SMBs, addressing the challenges faced in the cyber insurance market, including complex underwriting processes and cumbersome enrolment steps.
Mulberri’s Cyber Insurance, now embedded within the Acronis platform, offers AM Best-rated coverage with $250,000 and $500,000 policy limits and fixed premiums, approved and regulated by state insurance authorities.
This initiative represents a significant step forward in providing affordable and accessible cyber insurance solutions tailored to the needs of SMBs.
Through this partnership, Acronis customers can opt-in for Mulberri’s embedded Cyber Insurance directly through the Acronis platform.
This seamless integration enables SMBs to obtain cyber insurance coverage within minutes, complementing Acronis’ cybersecurity, data protection, and endpoint management solutions.
Hamesh Chawla, co-founder and CEO, at Mulberri, stated, “Our embedded partners are used to having to think twice about selling cyber insurance to SMBs as it slows down the sales process with questions and due diligence. We have removed these barriers and lowered the policy limit, creating an entry level program meant to provide cyber insurance coverage to businesses that have not had it in the past. We are thrilled to contribute to SMBs having peace of mind that they are covered against increasingly common cyber-attacks that can have catastrophic consequences on their businesses.”
In addition to cyber insurance, Mulberri is exploring further innovations in embedded insurance, seeking to provide simple and frictionless insurance and risk management solutions for SMBs.
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