PORTSMOUTH, N.H. -Cogentric, an e-solutions provider, has released a new product to study electronic-business sites for companies searching for cyber insurance policies. According to Cogentric, cyber insurance, though an estimated $14 billion emerging market, lacks the loss history and research data of other types of traditional insurance policies. Cogentric’s product will offer underwriters who prepare e-business insurance policies the necessary risk management insight by providing risk analysis information to help with coverage decisions and determination of necessary insurance contract terms. Companies receive results of evaluations through prioritized action plans. These action plans are based on each company’s business expectations and are used to determine if they are employing sound security policies and methodologies based on industry best practices. After upgrades are made to a site, companies can monitor changes to their e-business environment through re-analysis and security audits/scans. The new product is expected to be available in early third quarter of 2001 in the United States and Canada.

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