About Insurwave
Insurwave, a pioneering force in the insurance industry, offers a connected insurance experience for the specialty insurance market. Their platform enables insurance buyers to consolidate and visualize their risk data, facilitating smarter risk transfer decisions. By streamlining the collection, consolidation, and distribution of risk data, Insurwave enhances operational efficiency and fosters better decision-making across all parties involved in the insurance process.
The Challenge
Insurwave previously relied on annual penetration tests for their public-facing infrastructure and applications. This traditional model was not only reactive but also expensive, with the last one-time test costing around £10,000. Insurwave aimed to transition to a more proactive testing model to gain better threat intelligence and achieve quicker remediation.
The Solution
Vonahi offered Insurwave a monthly penetration testing model, aligning with their goal of proactive security management. This solution provided continuous threat intelligence and more efficient remediation processes without incurring the high costs associated with traditional providers.
IMPLEMENTATION
Vonahi's platform enabled Insurwave to:
- Conduct monthly penetration tests, enhancing their security posture.
- Allocate and schedule IP addresses flexibly to meet dynamic business needs.
- Receive real-time notifications during each assessment phase, improving operational awareness.
BENEFITS
- Cost Efficiency:
- Transitioning from an annual to a monthly testing model reduced overall costs significantly while increasing the frequency and comprehensiveness of security assessments.
- Enhanced Security:
- Continuous testing allowed Insurwave to focus on critical areas, improving their overall security controls.
- Each penetration test was manually reviewed by a security professional, ensuring high-quality results and providing peace of mind.
- Operational Flexibility:
- The user-friendly platform allowed Insurwave to adjust IP allocations and schedules easily, adapting to changing business requirements.
- Automated processes streamlined operations, and real-time notifications kept the team informed throughout the assessment phases.
