Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer of high net worth individuals and families, has partnered with security firm Concentric Advisors to offer CyberSafe Solutions, which is designed to help individuals better assess, prevent, detect and respond to cyber threats.
As cybercrime techniques advance and multiply, criminals home in on higher-stakes targets, including retail banks, wealth advisories, healthcare companies – and personal data and wealth.
"Research, including the PURE-sponsored CEO Personal Risk Index produced by Chief Executive magazine, shows that high net-worth individuals have a heightened sense of concern about cyber risk, and lack a clear understanding of how to protect themselves," says Martin Hartley, Executive Vice President and Chief Operating Officer of PURE Insurance. "We are pleased to partner with Concentric Advisors to offer CyberSafe Solutions, empowering our members with leading-edge information, services and coverage to reduce risk and take control in an increasingly connected world."
"Successful individuals are ill at ease with their personal cyber environments, and deserve more comprehensive knowledge, security, and coverage that address the risk," says Roderick Jones, CEO of Concentric Advisors. "Together with PURE Insurance, we are proud to provide PURE members with intelligent, unmatched cybersecurity services focused on the needs of the individual, rather than corporation.”