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About Hugh Terry & The Digital Insurer

Hugh Terry & The Digital Insurer Video

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Services of interest
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Arthur D. Little

Arthur D. Little has been at the forefront of innovation since 1886. We are an acknowledged thought leader in linking strategy, innovation and transformation in technology-intensive and converging industries. We enable our clients to build innovation capabilities and transform their organizations. ADL is present in the most important business centers around the world. We are proud to serve most of the Fortune 1000 companies, in addition to other leading firms and public sector organizations. For further information, please visit www.adlittle.com

Digital Risks – Shaking up business insurance

In Action Summary

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.

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

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.

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