NEW YORK, Nov. 6, 2018 /PRNewswire/ -- Today, Dashlane announced a partnership expansion with Chubb, the world's largest publicly traded property and casualty insurance company. Building on a successful North American partnership, Chubb cyber business policyholders in Europe will now receive a complimentary Dashlane Premium license as part of their policy benefits, with other regions available soon. The innovative partnership is part of Chubb's Cyber Services program, helping policyholders identify and mitigate key cyber exposures.
According to the U.S. National Cyber Security Alliance, the average price for small businesses to clean up after being hacked stands at $690K, and for middle market companies it's more than $1M. By using a password manager as a first line of defense, businesses can add an additional layer of security against hacks, data breaches, and other cyber-attacks.
"Poor password hygiene is a major risk for companies – a single stolen credential re-used on multiple sites can unlock dozens of accounts for hackers, exposing companies, employees, and customers to security breaches," said Emmanuel Schalit, CEO of Dashlane. "A strong password manager like Dashlane is key in providing cyber risk prevention, and we're thrilled to expand our partnership with Chubb globally, ensuring that small businesses stay fortified against online threats."
Tim Stapleton, SVP, Cyber & Technology Practice Leader, Chubb Overseas General, said: "We are committed to bringing to our cyber policyholders the most effective risk improvement services. We recognize that password security is an important part of cyber risk protection that enhances cyber defenses by improving employee behavior. Dashlane and Chubb are industry leaders, and we're proud to partner and offer this solution."
For more information on how Chubb policyholders can claim their free Dashlane Premium benefit, visit https://www.chubb.com/cyber-services
Dashlane simplifies and secures your digital identity—all your personal information that lives online. Across all platforms and devices, the intuitive Dashlane app automatically fills and stores passwords, personal data, and payment details to help you manage, monitor, and protect your digital identity. Available in 11 languages and trusted by 10+ million people in 180 countries (and growing), it's the complete, global solution for living safely and seamlessly online—at home, at work, and everywhere in between.
With offices in New York City, Paris, and Lisbon, Dashlane has raised $54 million in venture funding to create a safe and effortless solution for all citizens of the digital world. Learn more at dashlane.com.
Chubb is the world's largest publicly traded property and casualty insurance company, and the largest commercial insurer in the United States. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: chubb.com.
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