The Company’s core product-service delivery platform is predicated upon the implementation of the CloudCover Protocol.
This where the proprietary data insuring system concurrently applies the required security practice and the active loss-control technology that satisfy the underwriting risk threshold, that lead to real time risk mitigation, and thus IP Data Insurance.
The Digital Risk Analysis is a collection of authentication and risk valuation methods to understand active digital risk. Our proprietary risk-rating protocol and patented loss-control process provide for underwriting online data. This is groundwork for insuring a client's digital risk exposure to online data loss, online liability and Insured Business Continuity.
By assessing a customer's communication network, the hardware, software, infrastructure and important business units, the Digital Risk Analysis provide the answers for underwriting digital risk. We understand the "risk gap" and the financial cost of data loss. Once results are determined, we are in position to underwrite a client's risk associated in handling electronic data.
The following are Digital Risk Analysis (DRA) steps for a customer to receive comprehensive, practical data insurance services:
• Required Practice Underwriting (certified risk assessment)
• CloudCover Risk Profile (certified risk profile)
• Insured Business Continuity (certified insurable enterprise)
• Insured Data Center (certified insurable data warehouse)
• Master Policy (policy insuring base rules)
Once the Digital Risk Analysis is complete and few other proprietary risk rules are addressed, a customer is positioned to engage CloudCover insurance. This is effective liability protection for incremental data at rest and in-flight over third-party networks. As a result, CloudCover is a practical risk management solution and can even provide customers new risk-sharing revenues.
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