OneBeacon Technology Insurance to Partner With BitSight

OneBeacon Technology Insurance, a member of OneBeacon Insurance Group (NYSE: OB), has entered into a partnership with BitSight Technologies, a leading provider of cyber security ratings. OneBeacon Technology Insurance will utilize BitSight Security Ratings to augment the underwriting process.

David Molitano, Senior Vice President, OneBeacon Technology Insurance, commented “We are very excited about our relationship with BitSight. The additional insight they bring to underwriting in this ever-changing environment will be a big plus for OneBeacon Technology Insurance. ”

According to Ira Scharf, General Manager of Worldwide Cyber Insurance for BitSight, “We are thrilled that OneBeacon is using BitSight Security Ratings to empower its underwriters to seamlessly identify and measure cyber security risk. We offer some of the most innovative solutions in the marketplace, and are pleased to be aligned with a group that is constantly looking to provide more robust underwriting and risk management services to their customers.”

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