Main Street America Insurance has partnered with TransUnion to provide specialized cyber risk protection for small businesses. Main Street America’s small business policyholders will have access to TransUnion’s TruEmpower™ CyberScout solution, which is designed to help companies address perils from commercial breach, cyber extortion, business identity theft and other cyber security threats.
“Data tells us that a surprisingly small percentage of businesses are insured against cyber attacks, despite information that these types of attacks are on the rise. By bolstering our cyber offering, we aim to provide agents an additional layer of protection for their business owner clients,” said Richard Vaughn, head of sales for Main Street America. “This is another step in our commercial lines transformation, strengthening our suite of business coverages to meet the evolving needs of main street businesses nationwide,” he added.
By leveraging CyberScout’s services, Main Street America is able to provide cyber risk coverage through its new Main Street Commercial+™ platform. In the event of a breach or cyber attack, CyberScout delivers cyber claims management, incident response, and forensics services that activate to help assess the severity of a security incident. The CyberScout services support the crisis management process to help mitigate damage, communicate with stakeholders, and preserve and restore the business’s reputation. The CyberScout services also offer mobile text notifications, a comprehensive customer web portal with access to cyber safety tips, and a free "Business Security Self-Assessment" survey to assist businesses in identifying gaps in their cyber security program.
“The aftermath of a data breach can feel chaotic for a business owner, and it’s difficult to even know how to begin addressing the situation,” said Matt Cullina, head of TransUnion’s global cyber insurance business. “CyberScout’s services are both technical and consultative to assess and repair the damage, while helping small business owners navigate the process—so they can focus on protecting their customers as well as their brand.”
The Main Street Commercial+™ platform is currently rolling out across the country.
About Main Street America Insurance
Founded in 1923, Main Street America Insurance offers a wide range of commercial and personal insurance, as well as fidelity and surety bond products, to individuals, families, and businesses throughout the United States. The company writes more than $1.1 billion in annual premium exclusively through independent insurance agents. Main Street America carries an "A" (Excellent) Financial Strength Rating, with a Stable Outlook, and “a+” Issuer Credit Rating from A.M. Best. In 2018, Main Street America merged with American Family Insurance, the nation’s 13th-largest property/casualty insurance group and seventh largest Farm owner’s carrier, becoming the group’s channel to distribute products through independent agents. Visit us at msainsurance.com and on Facebook, X, LinkedIn, Instagram and YouTube.
About TransUnion (NYSE: TRU)
TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business