K2 Cyber, a K2 Insurance Services brand and the provider of Intelligent Cyber Insurance™, has entered a partnership with Liberty Mutual Insurance and its Ironshore programs group, to provide intelligent cyber insurance to small and medium-sized businesses.
This program provides a holistic cyber solution, protecting both organisations and their owners and executives, since the personal devices and digital identities of those individuals are often inseparably linked to business operations.
Companies nationwide with annual revenues up to $100 million can get up to $3 million in cyber liability coverage.
Under the partnership, Liberty Mutual will provide K2 Cyber’s SMB program delegated underwriting authority and capacity, along with industry-leading global underwriting expertise, product management, risk engineering, and claim capabilities.
“We’re incredibly grateful to partner with an industry leader like Liberty Mutual,” said Keith Moore, CEO and Founder of K2 Cyber. “Their commitment to innovation and excellence perfectly aligns with our vision of delivering cyber insurance that goes beyond the policy by providing free, built-in risk engineering, real-time cyber monitoring, and practical security tools tailored for SMBs.”
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“In today’s interconnected world, it’s nearly impossible to draw a clean line between personal and professional digital exposure, especially for small business owners,” Moore added. “Our program recognizes that reality and builds protection where others leave gaps.”
Patrick Thielen, Global Head of Cyber Insurance at Liberty Mutual, said: “We’re excited to collaborate with K2 Cyber. Their forward-thinking model addresses the needs of small and medium-sized organizations with sophistication and simplicity. Together, we’re delivering an insurance solution that empowers policyholders, brokers and agents alike to respond confidently to cyber threats.”
K2 Cyber’s Intelligent Cyber Insurance™ model stands out not only for its unique coverage but also for making things easy to do business. It streamlines workflows for brokers and agents, and helps to educate clients.
This program is quickly gaining momentum among retail agents and wholesale brokers looking to offer differentiated cyber protection without the friction, K2 Cyber noted.
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