18 June 2015 Insurance

JLT Specialty partners with Keeper Security

JLT Specialty Insurance Services has partnered with password manager and digital vault Keeper Security to prevent data breach loss and improving cyber insurance results.

The partnership is the first of a series, creating a select group of advisors and technology providers, to develop and implement best-in-class solutions to manage and mitigate cyber risk, said JLT Specialty.

JLT Specialty’s cyber and error and omissions practice and Keeper are the first members and will work together to redefine data security programmes with increased password security services that JLT believes will improve cyber coverage and pricing.

Pat Donnelly, president and deputy chief executive officer (CEO) of JLT Specialty, said: “Data security continues to be one of the biggest vulnerabilities that companies face and is something that is always on the minds of CTOs and IT professionals.

“We know that a huge percentage of all breaches are due to weak employee passwords and that our clients are looking for tools to address this vulnerability. Keeper’s password manager and digital vault solution are simple, convenient and secure tools that manage passwords and other sensitive information and will be an invaluable offering to our clients.”

Darren Guccione, CEO and co-founder of Keeper Security, added: “As more and more companies turn to cloud-based applications and utilise mobile products, they are increasingly vulnerable to hacking and phishing attacks.

"JLT Specialty has a unique perspective on security risks and truly understands the dangers its clients face each day if they go unprotected, which is why their business model so perfectly aligns with what we offer. We look forward to working closely with JLT Specialty USA as we continue on our mission to keep our clients’ data safe.”

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