Security rating firm SecurityScorecard Inc. today announced a new partnership with artificial intelligence-powered cyber insurance provider Measured Insurance LLC to deliver cyber insurance discounts for security ratings.

The partnership comes at a time when the cyber insurance landscape is in flux, with a surge in premiums and a reduction in coverage reflecting the escalating financial repercussions of cyber incidents. A report from Delinea Inc. last month found an increased gap in cyber insurance coverage as providers reduce their exposure and organizations ignore the fine print of cyber insurance policies.

The partnership between the two companies enables organizations to incorporate cyber insurance into their risk management strategy, even as insurance costs remain uncertain. The approach allows for the procurement of cyber insurance as part of a broader program of corporate investment and enterprise risk management.

Under the partnership, Measured Insurance harnesses AI data analytics and national security-grade threat intelligence, while SecurityScorecard provides data-driven cyber risk insights to validate defenses, prioritize investments and strengthen proactive cybersecurity strategies.

Benefits of the partnership include complementary risk assessments, with SecurityScorecard identifying security gaps and factors that determine premium cost. Where issues are identified, an action plan to mitigate threat exposure is then made available to ensure customers have a roadmap to qualify for a cyber insurance discount. SecurityGuard also pinpoints the most impactful security issues based on an organization’s unique attack surface to prioritize cybersecurity investments.

“History shows that a cyber insurance policy alone is insufficient for mitigating threat exposure,” Sachin Bansal, chief business officer at SecurityScorecard, said in a statement. “Strong cybersecurity hygiene and cyber insurance must go hand in hand.”

The partnership is not the first between a security company and a cyber insurance provider. Sophos Group plc announced a partnership with Cysurance LLC in July to provide fixed-price cyber insurance to Sophos’ managed detection and response customers in the U.S.

Like the SecurityScorecard partnership, the Sophos partnership also recognizes the security layer organizations have implemented to manage potential attacks and reduce the financial impact if a breach occurs.

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