(Image credit: Mohammed Alhinai/Unsplash.)
Joyn Insurance (New York), a technology-focused commercial MGA, has selected Quorum Cyber (Edinburgh) to help meet New York State cyber regulations and ensure overall network security
Ed McGough, Co-Founder and CTO, Joyn Insurance.
Founded in 2020, Joyn Insurance provides commercial insurance for small and medium-sized companies in the U.S. Every year, the insurance company has to attest to the New York Department of Financial Services (NYDFS) that it fully complies with their regulations–and these regulations become stricter as the company continues to grow.
“Insurance is heavily regulated in the U.S., and companies need to meet state-specific cyber regulations to operate,” comments Ed McGough, Co-founder and CTO, Joyn Insurance. “We initially ensured that we met the requirements of the New York regulators, as they were among the first to provide a mandate and remain one of the most stringent.”
In addition to Quorum Cyber’s compliance assistance, Joyn Insurance also contracted the company for penetration testing and Managed Detection & Response (MDR) services run by Quorum Cyber’s Security Operations Center (SOC) team, according to a Quorum Cyber statement.
Advantage of Tran-Atlantic Partner Location
Scott Abney, Chief Revenue Officer, Quorum Cyber.
Joyn Insurance operates across all U.S. time zones and has team members and suppliers from Europe and the Middle East. “We knew we needed a 24×7 monitoring service, and we didn’t have the size of the team in-house to do this ourselves,” Joyn’s McGough adds. “Despite Quorum Cyber’s SOC being based in the U.K., this hasn’t affected the quality of the service. The location has been an advantage because cyber security problems often happen at night.”
“The trust Joyn Insurance has placed in Quorum Cyber underscores our mission to empower organizations against the myriad of cyber threats in today’s digital age,” comments Scott Abney, Chief Revenue Officer, Quorum Cyber. “We look forward to our continued collaboration with them for safeguarding their data and their customers’ information.”
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