HDFC ERGO companions with Safehouse Tech to guard prospects towards on-line frauds

HDFC ERGO Basic Insurance coverage Firm, a number one normal insurance coverage firm in the personal sector and a digital-first firm introduced its partnership with Safehouse Tech, one of many quickest rising cyber safety enterprises to launch a novel cyber insurance coverage cowl geared toward protecting monetary losses from digital frauds for particular person prospects and holding them web insured. With the brand new addition, SafeHouse Tech’s cellular safety app, BodyGuard VIP Plus will present its customers with 1 yr of complimentary cyber insurance coverage cowl of INR 25,000 from HDFC ERGO towards any unauthorized digital transactions together with precedence help and a devoted declare desk.

The pandemic acted as a catalyst for rising the variety of cyber frauds throughout the globe. Based on the most recent report by the Nationwide Crime Data Bureau, India recorded 52,974 circumstances of cybercrime in 2021, a rise of over 5% from 2020 (50,035 circumstances). Cybercriminals are particularly focusing on new expertise customers and senior residents as they’re most prone to such assaults.

Among the many circumstances reported, monetary loss is well one of many greatest issues, and each SafeHouse Tech and HDFC ERGO have actively labored collectively to give you a proposition to make sure cyber well-being and safety for his or her prospects. Safehouse Tech, which focuses on constructing smartphone safety software program, has not too long ago launched a brand new variant of their product portfolio “Bodyguard VIP Plus” which comes with a complimentary cyber insurance coverage cowl from HDFC ERGO. The corporate believes this strengthens its positioning as a pacesetter within the cyber safety and wellness area with the added assurance and belief from HDFC ERGO.

Talking in regards to the new providing, Aditya Narang, Co-Founder, and CBO, SafeHouse Tech, stated “We’re dedicated to providing probably the most safe and personal web expertise for our SafeHouse group of two million customers and rising. We convey to market a first-of-its-kind bundle of merchandise and coverage – BodyGuard VIP Plus comes with 25,000 value of monetary loss powered by HDFC ERGO. Our present and new customers will now additionally be capable to mitigate the danger of monetary loss with this protection, over and above the state-of-the-art cyber protection they have already got.”

Talking in regards to the launch of the Cyber Sachet coverage, Sanjay Kaw, President- Industrial Enterprise, HDFC ERGO Basic Insurance coverage Firm, stated, “We reside in a world the place every little thing is only a faucet away. Whereas the dependency on smartphones has many benefits, it additionally makes one prone to cyber threats. There are numerous malicious apps that steal the confidential knowledge of customers. Being a ‘digital first’ insurer, we’re dedicated of give protection to our prospects with personalized insurance coverage options. Our partnership with Safehouse Tech additional reinstates this dedication, as we defend our prospects towards the rising threats of cyber hacks and knowledge breaches.”

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