New Cyber Insurance MGA Launches with Exclusive Partnership with Global Cybersecurity Firm, Trend Micro – Targeting US Customers

Invision Cyber, a new cyber insurance MGA founded by Acies with London and Lloyd’s market veteran Stuart Essex and cyber expert James Ingram, has entered into a strategic partnership with global cybersecurity leader Trend Micro to offer a cyber insurance product tailored exclusively for Trend Micro customers in the US. 

Invision, an Acies company and Lloyds Coverholder, is backed by three Lloyd’s syndicates, offering capacity limits of up to $10m for a range of covers including Business Interruption, Cyber Extortion, Digital Asset and Data Restoration and Incident Response. Cover can also include many third-party liabilities and cybercrime coverages.  The MGA has also entered into a partnership with a leading broking firm to distribute the product. 

Trend Micro is one of the largest cybersecurity firms in the world, trusted by over 70% of Fortune 500 companies around the globe to protect businesses from the growing threat of cyber attacks. Its cybersecurity platform services over 500,000 organisations and 250+ million individuals worldwide. 

The new venture represents a significant evolution in cyber insurance, with a market-first approach to underwriting ‘from the inside out,’ powered by best-in-class telemetry from Trend Micro. This approach transforms Trend Micro’s existing cyber risk telemetry into dynamic insurance underwriting information through proprietary algorithms, enabling streamlined quote generation based on actual network conditions. This results in a direct link between a company’s real-time cyber posture and its insurance premium, allowing organisations to see how security improvements translate immediately into better pricing while providing insurers with unprecedented visibility into authentic risk exposure. 

Managing Director at Invision, Stuart Essex commented:

“Cyber risk is the defining challenge of our era. We are excited to be partnering with Trend Micro on this revolutionary new cyber insurance offering.  Millions of customers around the world trust Trend Micro with their business, and by working in partnership, Invision can provide these customers with cover priced precisely on their existing risks, based on the data that Trend Vision One can provide us.  This ‘inside-out’ approach allows us to join the dots between risk and insurance, giving customers the fairest price, and the confidence that they have a product tailored to their exact requirements.” 

Mark Heath, the CEO of Acies MGU added:

“Wide ranging industry reports point to a growing protection gap in the cyber insurance space.  As cyber disruption, financial losses and breaches continue to hit major companies worldwide with alarming regularity, the need for a different approach for customers combined with expert cyber insurance cover, informed by up-to-the-minute data, has never been greater.

We have created a unique offering, and in partnership with Trend Micro, are set to transform cyber insurance for their customers.”