As cyber threats grow more sophisticated, cyber insurance is quickly becoming a must-have for companies of all sizes. Today, 78% of large companies and 77% of mid-sized businesses hold cyber insurance policies—a big jump reflecting just how important it’s become to protect against the high costs of data breaches and ransomware. But as demand grows, so do the standards insurers expect businesses to meet.
Insurers today want to see proof that companies are taking proactive security steps. To secure comprehensive and affordable coverage, companies need to show they’re implementing Zero Trust principles, maintaining strong data governance, and providing visibility into online activities. As one of the most commonly used tools, the browser plays a key role in meeting these requirements, but traditional browsers fall short - and the need for a secure enterprise browser starts to emerge.
Meanwhile, cyber insurance premiums have shot up by over 25% in the last year alone, driven by the growing frequency and cost of attacks. With the average cost of a breach reaching $4.45 million, insurers are looking for solutions that help companies actively reduce their risk—starting with a safe browsing environment. A secure enterprise browser like Primary provides a strong defense, protecting data, stopping credential theft, and fighting ransomware, helping companies meet insurers’ demands and potentially lowering premiums.
How a Secure Enterprise Browser Bolsters Cyber Resilience
The concept of a security-first browser has been catching on quickly, especially as organizations recognize the risks of traditional browsers in a business setting. Enterprise browsers are on the rise as companies adopt a safer way to manage web access and guard against cyber threats. Insurers see a secure browser as a smart move in reducing risk, given its ability to limit exposure right at the user level.
Primary’s Secure Enterprise Browser is designed with these insurer expectations in mind, offering a secure browsing environment that adds a crucial layer of security. By managing potential threats at the browser level, we provide an insurance-friendly tool that delivers a proactive approach to bolstering everyday cyber defenses.
Why Zero Trust, Data Governance, Visibility Matter to Insurers
Credential theft is a leading cause of breaches, making it a top priority for insurers. Insurers increasingly expect companies to adopt Zero Trust principles, restricting access strictly to verified users and devices. Primary supports these principles, enforcing continuous authentication and device-based session verification. This keeps unauthorized users out, even if credentials are compromised, directly addressing insurers' requirements for robust access control.
Insurers also prioritize data flow visibility and governance, especially in high-use environments like browsers. Without oversight of browser activity, companies can face significant security gaps. That’s why we integrate with tools like Splunk, enabling IT teams to maintain real-time visibility and control over browser-based activities. This oversight not only supports compliance but also reassures insurers of a company’s security posture.
Building Long-Term Cyber Resilience with a Secure Enterprise Browser
Having robust security measures like Primary’s Secure Enterprise Browser is now essential for meeting insurance requirements and building a resilient business. As insurers increasingly require proof of advanced security practices, we offer Zero Trust, data governance, and visibility features that can reduce risk and strengthen resilience.
Primary’s Secure Enterprise Browser fits in with what insurers want, giving companies a proactive way to minimize exposure and support long-term security. If you’d like to see how we can help your business achieve both security and insurance readiness, reach out to schedule a demo.