AP NEWS

Starr Insurance Companies Announces Partnership with Rapid7 for Cyber Risk Services

November 15, 2018

NEW YORK--(BUSINESS WIRE)--Nov 15, 2018--Starr Insurance Companies today announced a partnership with cyber security firm Rapid7, Inc. (NASDAQ: RPD) to provide Starr’s Cyber Risk Response policyholders with front-end loss prevention services.

Through this arrangement, Starr policyholders can obtain a complimentary external network vulnerability scan from Rapid7 that identifies network vulnerabilities and threat exposures and outlines recommendations to remediate those risks. In addition to the loss prevention services, Rapid7 will also be Starr’s preferred provider for Cyber Security response services in the case there are network security or privacy incidents.

“Network security vulnerabilities are weaknesses that bad actors can exploit,” said Shiraz Saeed, national practice leader - cyber risk. “Providing organizations with deeper insight and data around their network vulnerabilities is critical to helping them identify, test and analyze these potential security issues faster and more efficiently. We have partnered with Rapid7, an industry leader in Cyber Security, to ensure our policyholders have access to resources that can help keep their networks secure.”

“Today’s security teams are increasingly understaffed and overwhelmed by the sheer amount of work that’s required to keep their organizations secure,” says Todd Lefkowitz, vice president of global services at Rapid7. “It’s critical these teams not only have a clear picture of their threat exposures but the ability to react quickly to suspected compromise. We’re thrilled to be partnering with Starr Insurance Companies to provide their customers with our best-of-breed Threat Analysis and Incident Response capabilities.”

About Starr Insurance Companies

Starr Insurance Companies (or Starr) is a marketing name for the operating insurance and travel assistance companies and subsidiaries of Starr International Company, Inc. and for the investment business of C. V. Starr & Co., Inc. and its subsidiaries. Starr is a leading insurance and investment organization with a presence on five continents; through its operating insurance companies, Starr provides property, casualty, and accident and health insurance products as well as a range of specialty coverages including aviation, marine, energy and excess casualty insurance. Starr’s insurance company subsidiaries domiciled in the U.S., Bermuda, China, Hong Kong, Singapore and U.K. each have an A.M. Best rating of “A” (Excellent). Starr’s Lloyd’s syndicate has a Standard & Poor’s rating of “A+” (Strong).

About Rapid7

Rapid7 (Nasdaq:RPD) powers the practice of SecOps by delivering shared visibility, analytics, and automation that unites security, IT, and DevOps teams. The Rapid7 Insight platform empowers these teams to jointly manage and reduce risk, detect and contain attackers, and analyze and optimize operations. Rapid7 technology, services, and research drive vulnerability management, application security, incident detection and response, and log management for 7,400 organizations across more than 120 countries, including 52% of the Fortune 100. To learn more about Rapid7 or join our threat research, visit www.rapid7.com.

Visit us at www.starrcompanies.com or follow us LinkedIn and Twitter.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181115005620/en/

CONTACT: Paula Negro

Director of Communications and Media Relations

paula.negro@starrcompanies.com, 212.884.0561

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: TECHNOLOGY NETWORKS SECURITY PROFESSIONAL SERVICES INSURANCE

SOURCE: Starr Insurance Companies

Copyright Business Wire 2018.

PUB: 11/15/2018 10:15 AM/DISC: 11/15/2018 10:15 AM

http://www.businesswire.com/news/home/20181115005620/en

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