Digital Risks is a rareity amongst InsurTechs as it focuses solely on the needs of digital businesses. Specifically, Digital Risks offers coverage against the rising threat of cyber-crime and data breaches.
The company provides tailored insurance packages in a completely online format based on the customer’s needs, including getting a quote in minutes and to pay on a month-to-month basis with no long term commitments.
Policies offered by Digital Risks include public liability, professional indemnity, employer’s liability and contents insurance.
Digital Risks co-founder and CEO Cameron Shearer has said that, “Business insurance needs to become real-time and interactive, just like the world we live in and the services we have become accustomed to today. The pace of change in business only looks set to go one way and the insurance industry needs to make sure it’s ready.”
Ultimately, by offering insurance products on a monthly subscription basis, Digital Risks has re imagined small business insurance from the ground up – totally flexible, hassle-free insurance that you can buy and manage online, or change or cancel any time. This on-demand, insurance-as-a-service model eventually enables technology and digital driven businesses, FinTechs and media houses to focus on their core offering rather than worrying about cyber risks.