Cybersecurity firm Intersys initiates business expansion in India, keenly targeting cybersecurity threats
Intersys, a leading UK-based provider of cyber risk management solutions, has announced the expansion of its operations in the UK, opening a new office in London. The move is aimed at further expanding Intersys' presence in the UK insurance market and addressing the difficulty of assessing and pricing cyber risk for organizations with limited IT security resources.
The Mumbai-based office will be led by Tanmay Gore, Director of Intersys India. Intersys India plays a crucial role in helping reinsurers, insurers, and brokers grow their cyber insurance business in India. The company offers essential cyber security services that improve policyholder resilience and enable better risk assessment and pricing.
Intersys' core proposition includes Cyber Risk Assessments and Cyber Monitoring Services. The Baseline Cyber Risk Assessments, delivered as “Cyber Security as a Service,” evaluate the cyber maturity and identify vulnerabilities of potential policyholders before underwriting. This helps insurers and brokers to accurately price and underwrite cyber policies with confidence.
The Continuous Cyber Monitoring Services provide ongoing oversight and threat detection throughout the policy period to help insured clients maintain strong security postures. This reduces the risk of claims and supports easier policy renewals. By equipping insurers and brokers with robust and practical cyber risk data and mitigation tools developed from UK best practices, Intersys empowers them to better serve India's corporate SME market, a segment often lacking dedicated IT security resources.
The launch of operations in India comes at a time when the lack of coordinated safeguards for AI raises concerns about emerging risks, particularly for businesses and the insurance sector that supports them. The UK and US have declined to sign a global AI declaration, highlighting growing divisions over international regulation. This call follows a wave of recent high-profile cyber attacks affecting major organizations.
Experts from the banking, insurance, and law enforcement sectors have called for urgent, organization-wide cyber security training to bolster resilience across the UK's financial system. Intersys' approach establishes a clear security baseline and creates a feedback loop between cyber hygiene and insurance pricing. This helps insurers offer policies with confidence, backed by data and risk controls.
By adopting Intersys' services, insurers and brokers can provide their clients with the necessary cyber security tools to lower the likelihood of cyber attacks, making them better risks and enabling profitable growth for insurers and brokers. The new office in London is a strategic step towards Intersys' mission to strengthen cyber insurance portfolios through advanced risk assessment and monitoring services, addressing a key market challenge and fostering confidence and growth in India’s cyber insurance sector.
[1] [Source for Baseline Cyber Risk Assessments and Continuous Cyber Monitoring Services] [2] [Source for Intersys' role in helping re/insurers and brokers grow their cyber insurance business] [3] [Source for the expansion of Intersys' operations in the UK] [4] [Source for the Mumbai-based office and Tanmay Gore's leadership] [5] [Source for the benefits of Intersys' approach for insurers and policyholders]
- Intersys, a UK-based cyber risk management solutions provider, is expanding its operations in the UK, opening a new office in London, aiming to further expand its presence in the UK insurance market and address the difficulty of assessing and pricing cyber risk for organizations with limited IT security resources.
- The Mumbai-based office will be led by Tanmay Gore, Director of Intersys India, playing a crucial role in helping reinsurers, insurers, and brokers grow their cyber insurance business in India.
- Intersys offers essential cybersecurity services, including Baseline Cyber Risk Assessments and Continuous Cyber Monitoring Services, aimed at improving policyholder resilience and enabling better risk assessment and pricing.
- Amidst growing concerns about emerging risks, particularly for businesses and the insurance sector, Intersys' approach helps insurers offer policies with confidence, backed by data and risk controls, lowering the likelihood of cyber attacks for their clients and fostering growth in India’s cyber insurance sector.
