OTORIO and HSB Launch Warranty That Leverages Risk Management Strategies to Enhance Insurability and Protect Operational Efficiency
TEL AVIV, Israel and HARTFORD, Conn., Sept. 27, 2023 /PRNewswire/ -- OTORIO, the leading provider of operational technology (OT) cyber and digital risk management solutions, and HSB, a specialty insurer, today announced a joint effort to raise awareness of OT security and risk reduction as crucial strategies for insurability. To launch the collaboration, HSB and OTORIO have developed a limited performance warranty supporting the implementation of OTORIO's OT security cyber risk management solutions into various business applications.
- To launch the collaboration, HSB and OTORIO have developed a limited performance warranty supporting the implementation of OTORIO's OT security cyber risk management solutions into various business applications.
- "Improved preparedness, response, and recovery from disruptive events are critical for reducing OT risk, and this is where OTORIO excels."
- To support this initiative, HSB and OTORIO have co-authored a whitepaper to address crucial insurability challenges in today's evolving interconnected landscape.
- It explains the critical roles of risk reduction in preventing operational and business disruptions and outlines preventative measures to improve insurability and lower premiums.