CPP Group UK joins forces with Movo Partnerships to tackle cybercrime
CPP Group UK is delighted to announce its association with MOVO Partnerships
Following a recent stream of deals in the cyber space, we’re now teaming up with MOVO Partnership Ltd – an Appointed Representative (AR) network for the independent insurance broker. The partnership involves all of MOVO’s members signing up to distribute our specialist insurance policy, CPP Secure, to their SME clients.
In the year since we launched CPP Secure on Acturis to its 20,000-strong broker community, we’ve been working hard to forge industry partnerships, especially with brokers, to distribute our cyber protection products – all with an eye to helping our partners to better protect their clients from cybercrime.
2020 saw a 10% year-on-year rise in the number of cyber incidents according to the UK’s National Cyber Security Centre – the highest recorded level since the Government-backed organisation formed in 2016. And yet, cyber risk continues to be treated as low-priority by the SME sector: this year, uptake of cyber insurance remained chronically low at just 12.7%.
The way we see it, in today’s climate collaboration between brokers and insurers is crucial to closing the cyber protection gap and raising awareness around the need for cyber insurance.
We’re thrilled to work with MOVO to collectively tackle the under-protection of UK businesses and consumers from cybercrime.
If you would like to hear more about how our cyber protection range can help you to provide critical protection to your clients, follow the link here to find out more, or get in touch with us at firstname.lastname@example.org. .