Featured Insurance Partner

Regulatory actions, privacy litigations and resulting reputational harm are on the rise

“Privacy lawsuits filed after data breaches nearly doubled in a year”

Source: 2023 Data Security Response Report by BakerHostetler

“Last year, over 115 lawsuits filed asserting pixel tools violates VPPA”

Source: 2024 Cyber Claims Outlook by Lockton Companies

“We are seeing more data privacy breach claims in the US … against large US and international corporations related to privacy violations, such as around consent and data usage. Cost of these claims can be …. in the hundreds of millions of dollars.”

Source: Cyber Risk Trends 2024 Report by Allianz

Insurers face challenges in accurately understanding their clients' privacy risks to underwrite policies and manage loss

3000

Average number of organizations in business network for $1B company.

7%

Organizations have detailed risk reviews, all use questionnaires.

$1.9M

Average annual cost for 3rd party assessments and 15,000+ hours spent.

95%

Companies involved in 3rd party breach in past 24 months.

98%

Companies fail cookie audits per regulatory requirements.

100+

Global privacy regulations and evolving.

Optimize underwriting for privacy risks within your portfolio

Privaini creates a standardized privacy posture and risk score of a company, focused on consumer privacy and regulatory compliance.

Manage losses in your portfolio

Proactively assess if a specific privacy issue might affect different companies and take measures to mitigate losses.

Offer Value Added Services for your insurance renewals

Providing Privaini’s Data Privacy Insights as a value add that makes you stand out from competitors when it is time to renew services.

Gain Privacy Risk Intelligence for your clients

Featured Insurance Partner

Boost your expertise.

Tailored collaboration.

Stay ahead of compliance

Enhance client trust

Beazley Clients, Privaini is now included in Risk Management Offerings with your cyber policies.

Regulatory actions, privacy litigations and resulting reputational harm are on the rise

Regulatory actions, privacy litigations and resulting reputational harm are on the rise

Insurers face challenges in accurately understanding their clients' privacy risks to underwrite policies and manage loss

3000

7%

$1.9M

95%

98%

100+

Optimize underwriting for privacy risks within your portfolio

Manage losses in your portfolio

Offer Value Added Services for your insurance renewals

Boost Your Privacy in Just 30 Minutes.