iDenfy and Lloyd's insurance marketplace partner to enhance security

Tuesday 26 July 2022 15:06 CET | News

Europe-based global identity verification and fraud prevention platform iDenfy has announced a new collaboration with Lloyd`s, an insurance and reinsurance marketplace, to add an extra layer of security when handling online data.

The selected Technology Errors and Omissions Coverage insurance provides enhanced technology performance and protection from potential technology failures. As iDenfy works in a risky field and manages sensitive data, it requires an extra layer of protection, which is why it decided to benefit from cybersecurity insurance and partnered with Lloyd’s. 

At the same time, Lloyd’s is one of the biggest insurance platforms and it is known for its wide range of specialists. Part of the company’s available capital is based on subscription, which means Lloyd’s underwriters come together with syndicates to mitigate risks and programmes. 

iDenfy’s chosen cybersecurity plan from Lloyd’s includes access to a professional Claims Department and an in-house legal team that provides 24/7 support.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: partnership, cybercrime, cybersecurity, digital identity, fraud management, fraud prevention, online fraud, online security
Categories: Fraud & Financial Crime
Companies: iDenfy, Lloyds
Countries: World
This article is part of category

Fraud & Financial Crime




Discover all the Company news on iDenfy and other articles related to iDenfy in The Paypers News, Reports, and insights on the payments and fintech industry: