Main Street America Insurance Adopts TransUnion Cyber Security Protection

The carrier’s small business policyholders will have access to TruEmpower CyberScout, which helps companies address perils including commercial breach, cyber extortion and business identity theft.

(Image source: Main Street America homepage.)

Main Street America Insurance (Jacksonville, Fla.) has partnered with TransUnion (Chicago) to provide specialized cyber risk protection for small businesses. Main Street America’s small business policyholders will have access to TransUnion’s TruEmpower CyberScout solution, which is designed to help companies address perils from commercial breach, cyber extortion, business identity theft and other cyber security threats, according to a Main Street America statement.

Richard Vaughn, Head of Sales, Main Street America.

“Data tells us that a surprisingly small percentage of businesses are insured against cyber attacks, despite information that these types of attacks are on the rise,” comments Richard Vaughn, head of sales, Main Street America. “By bolstering our cyber offering, we aim to provide agents an additional layer of protection for their business owner clients. This is another step in our commercial lines transformation, strengthening our suite of business coverages to meet the evolving needs of main street businesses nationwide.”

By leveraging CyberScout’s services, Main Street America is able to provide cyber risk coverage through its new Main Street Commercial+ platform, the company statement says. In the event of a breach or cyber attack, CyberScout delivers cyber claims management, incident response, and forensics services that activate to help assess the severity of a security incident.The CyberScout services support the crisis management process to help mitigate damage, communicate with stakeholders, and preserve and restore the business’s reputation. The CyberScout services also offer mobile text notifications, a comprehensive customer web portal with access to cyber safety tips, and a free Business Security Self-Assessment survey to assist businesses in identifying gaps in their cyber security program.

Matt Cullina, Head, Global Cyber Insurance Business,TransUnion.

Protecting Customers and Brand

“The aftermath of a data breach can feel chaotic for a business owner, and it’s difficult to even know how to begin addressing the situation,” comments Matt Cullina, head of TransUnion’s global cyber insurance business. “CyberScout’s services are both technical and consultative to assess and repair the damage, while helping small business owners navigate the process—so they can focus on protecting their customers as well as their brand.”

The Main Street Commercial+ platform is currently rolling out across the country, the carrier reports.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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