Munich Re’s HSB buys cybersecurity platform for small businesses

Munich Re-owned specialty insurer HSB has acquired a digital cybersecurity platform that includes a suite of cyber risk management tools and services designed for small businesses.

The addition of Zeguro's cyber safety solution and key personnel will strengthen the cybersecurity services of HSB.

The platform offers small and mid-size businesses integrated online access to cybersecurity training, compliance policies, and web application monitoring to identify their cyber vulnerabilities.

“A business needs both cyber insurance and security,” said Timothy Zeilman, vice president for HSB, part of Munich Re. “The combination of HSB’s cyber coverage and Zeguro’s proven risk management platform offers a seamless experience for our customers to get the protection they need.”

HSB has more than 15 years of experience in the cyber insurance space. It hopes Zeguro’s knowledge and experience with cybersecurity tools will help it keep pace with evolving cyber exposures.

“We’re excited to join HSB and Munich Re,” said Sidd Gavirneni, Zeguro founder and chief executive officer. “It’s a great opportunity to enhance the Zeguro Cyber Safety Solution while creating unique insurance protection for small businesses.”