Qualys and Converge launch tool linking cybersecurity compliance to lower cyber insurance premiums.

Qualys and Converge have partnered to offer a new solution that rewards companies with strong cybersecurity practices by potentially lowering their cyber insurance premiums. Their joint tool, the Qualys Converge Connect Insurance Report (CCIR), uses real-time, automated security data to provide accurate risk assessments, replacing traditional manual questionnaires. This innovation streamlines the insurance application process, reduces errors from self-reporting, and incentivizes ongoing cyber hygiene improvements. The report is valid for 30 days and covers multiple Qualys security solutions, aiming to better align insurance costs with actual security posture.