SAFE Brings Unprecedented Speed and Transparency to Risk Management for Cyber Insurance; 4 Wins at Cyber Insurance Awards Validate Role in Transforming Insurance Underwriting

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PALO ALTO, Calif., April 10, 2025 /PRNewswire/ -- The SAFE platform is rapidly gaining acceptance by the insurance industry as the new standard for efficient and transparent cyber risk management for underwriting, enabling insurance brokers and carriers to optimize risk selection and underwriting efficiency while introducing unique policy incentives and premium discounts directly correlated to an organization's cyber risk posture in SAFE.

SAFE recently swept the Cyber Insurance Awards USA 2025 with four wins: Cyber InsurTech of the Year, Cyber Underwriting Technology of the Year, and Cyber Insurance Technology Provider of the Year, with SAFE's Insurance Leader, Steven Schwartz Highly Commended as a "Rising Star in Cyber Insurance."

"SAFE stood out from their peers in 2024 in innovation and thought leadership," the Cyber Insurance Awards judges commented. "They have continued to push the bounds in risk quantification and cyber and underwriting through their partnerships with brokers and carriers to the benefit of clients and the market."

Key Points about SAFE's Solution for the Insurance Industry

--Transforms cyber insurance underwriting with AI-powered, continuous cyber risk management via its innovative SAFE One platform.

--Revolutionizes cyber insurance by providing objective, real-time "inside-out" risk assessments, replacing outdated processes like questionnaires and exterior scans.

--Enables significant time and cost savings for insurers and insurance buyers, reducing weeks-long processes to minutes and enabling buyers to save up to 30% on premiums.

--Built on global standards like FAIR and MITRE, SAFE's platform applies transparent, defensible methodologies trusted by over 50% of the Fortune 1000.

SAFE Is the Leader in AI-powered, Continuous Cyber Risk Management

Our SAFE One platform enables CISOs and cyber risk leaders to proactively and continuously quantify, prioritize, and manage cyber risks across the entire enterprise attack surface, including third parties.

The platform also enables insurance brokers and carriers to quantitatively assess and underwrite cyber insurance more efficiently and effectively, leveraging SAFE's AI-automation and transparency that underpins each risk analysis.

How SAFE Transforms Cyber Insurance Underwriting 

The standard underwriting process for cyber insurance today is broken, depending on two indirect and outmoded methods.

–"Outside-in" scans that paint a partial picture of the enterprise's cybersecurity controls and will always be subject to false positives

–Lengthy, subjective questionnaires that consume 4-8+ weeks of time across multiple security, operations, and financial stakeholders.

SAFE empowers a streamlined cyber risk and insurance assessment, leveraging read-only API integrations to more than 100 cloud, SaaS, and cybersecurity solutions.

In a matter of minutes, an organization can obtain an objective, real-time understanding of its cyber risk posture and any specific vulnerabilities and misconfigurations with prioritized recommendations on remediation.

SAFE's transparency and underwriting efficiency enables our underwriter and broker partners to reduce hours into minutes while obtaining more meaningful, objective risk insights that empower SAFE's carrier partners to offer significant policy incentives.

Cyber Insurance Buyers Achieve Discounts of Up to 30%

SAFE platform users qualify for discounts with leading insurance brokers and carriers that partner with SAFE, such as Chubb, Mosaic Insurance, Zurich Insurance, and more.

"With SAFE and their partnership with Mosaic, we were able to obtain increased limits with a premium savings of more than 20% while saving about 100 hours compared to the traditional renewal process on our technology E&O cyber insurance policy," said Jay Modh, Founder and CEO, Intuitive Cloud. "In a matter of minutes we were able to obtain preferential terms with continuous visibility into our prioritized recommendations and findings from SAFE."

Learn how SAFE can transform your cyber risk management – and earn you major savings on cyber insurance premiums - contact us.

About Safe

SAFE is the leader in AI-powered, continuous cyber risk management. SAFE empowers CISOs and Cyber Risk Leaders to become indispensable partners to the business, by enabling real-time quantification, prioritization, and mitigation of cyber risks, to support digital growth initiatives and ensure organizational resilience in the face of evolving threats. Visit https://safe.security/.

SOURCE SAFE