Singviva has entered into a strategic agreement with Deepblue Technology to provide Cyber Security Insurance industry.
We see an opportunity to enhance cyber services for insurers and provide consumers with innovative personal cyber insurance. “
— Anthony HighSingviva Chairman and Blockchain Advisor
Singapore, Singapore, November 7, 2022 /EINPresswire.com/ — SingaporeInsurtech-based SingViva has partnered and entered into a strategic agreement with Deepblue Technology (“DBT”) to launch and develop a suite of cybersecurity products targeting consumers, businesses and enterprises. The global cyber insurance market is expected to grow from $12.83 billion 2022 to $63.62 billion by 2029. In recent years, a market for cyber risk insurance has emerged, primarily providing financial protection to businesses against some of the digital security and privacy risks that arise with the increasing use of data and digital technologies. The partnership will launch a range of cyber protection services targeting consumers and businesses in the region. First, the partnership will provide identity management, web services and data theft services to SingViva’s existing relationships targeting the consumer segment. In the business area, it will develop cyber defense, cyber risk assessment tools, crisis management and potential cyber threat tracking to mitigate cyber and data risks in the new economy. The partnership will also explore the development of insurance solutions in the crypto and decentralized finance (DeFi) space.
In an era of increasing reliance on digital technology, cyber insurance can be a significant contributor to providing financial protection and helping policyholders prevent and respond to cyber incidents.
“As reliance on digital technology increases, so does the risk of cyber risk. More and more SMEs rely on digital solutions, while individual users in the region still lack access to full service support.” Anthony High, SingViva chairman and blockchain advisor said after signing the partnership. “We see an opportunity to enhance cyber services for insurers and provide consumers with innovative personal cyber insurance.”
Lin HuijieThe founder of DeepBlue Technology said: “DeepBlue is delighted to have reached a strategic cooperation with SingViva to create the future of insurance in the field of insurance technology. Today’s times have changed dramatically, and the future will be even more so, but we still adhere to the “old-fashioned approach to solving new problems” method. Through this partnership, we believe we can add value to the industry and have a significant impact on the future of insurance. ”
About DeepBlue Technology Deep Blue Technology, a subsidiary Vision GroupDedicated to providing cybersecurity as a service (CAAS), strategic cybersecurity consulting and consulting, and a broad range of cybersecurity services and products to companies seeking to future-proof and future-proof their businesses.
You can find more information at https://www.dbglobal.co/. About New Viva SingViva is a deep tech company integrating medicine and blockchain technology Life and Health Insurance department. Founded in 2021, SingViva enables users and insurers to better understand health data through seamless access to predictive genetic analysis while working to improve overall population health. SingViva is headquartered in Singapore. www.SingViva.com
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Singviva has entered into a strategic agreement with Deepblue Technology to provide Cyber Security Insurance industry.
