London, 8 October, 2024 โ Intersys, the leading UK-based provider of cyber risk management solutions, dedicated to helping organisations of all sizes assess, manage, and mitigate cyber risk, today announced its further expansion in the UK insurance market.
Intersys has opened a new office in Leadenhall Market, the heart of the insurance district. Intersysโ new London office will serve as a hub for delivering cutting-edge cyber managed services tailored to the unique needs of the UK insurance sector. The companyโs experienced team of cyber security experts will work closely with clients to develop and implement customised solutions that address the evolving cyber threat landscape.
- The UK Governmentโs 2024 Cyber Security Breaches Survey highlights that half of UK businesses experienced a cyber attack or breach in the past year, with phishing being the most common attack type, affecting 84% of businesses.
- In contrast, Intersys clients are ten times less likely to suffer a cyber attack than the national average. This significant advantage highlights the effectiveness of Intersysโ approach in providing marginal gains and substantial protective measures in an increasingly risky digital landscape.
Intersys: Decades of experience in insurance
Intersys boasts nearly three decades of experience in the insurance industry. The companyโs leadership team includes experienced insurance and technology experts who work with leading insurance businesses to provide IT infrastructure, security, outsourced solutions and cloud infrastructure design and support for critical firms within the market. This includes support for placing platforms, underwriting, claims management and exposure management systems. They also provide outsourced IT for fintech firms that are critical suppliers to large insurers.
โInsurers understand risk better than most, yet they themselves are prime targets for cyber attacks,โ said Matthew Geyman, Managing Director at Intersys. โThe alarming statistic that 50% of UK businesses have suffered breaches underscores the urgent need for proactive risk management in the cyber domain. Intersysโ proven track record in significantly reducing cyber breaches for our clients demonstrates the effectiveness of our approach. Weโre not just another tech company; weโre a trusted partner with a deep understanding of the insurance industryโs unique challenges.โ
โOur understanding of the insurance world, combined with our long-standing ISO 27001 certification and our laser focus on security, positions us uniquely to support insurers,โ said Catherine Geyman, Director of Enterprise Risk Management at Intersys.
โAs the industry faces an expanding array of cyber threats, itโs crucial for insurers to adopt a holistic approach to risk management. By integrating cyber risk into broader enterprise risk strategies, we help our clients not only protect their operations but also build the resilience needed to navigate emerging challenges. With technology rapidly transforming the industry, itโs essential to have partners who understand where youโre starting from and where youโre headed. We look forward to expanding our support for the insurance sector with the opening of our new London hub.โ
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Notes to Editors
Photo caption:
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Catherine Geyman, Director of Enterprise Risk Management
Mark Kirby, Executive Director
Richard Geyman, Technical Director Matthew Geyman, Managing Director
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Malcolm Alexander, Non-Executive Director
Bart Patrick, Consultant
About Intersys
Intersys is a leading global provider of cyber risk management solutions, dedicated to helping organisations of all sizes assess, manage, and mitigate cyber risk. With a team of experienced cyber risk experts and a comprehensive suite of services, Intersys empowers clients to protect their critical assets and maintain business continuity in the face of evolving cyber threats.
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