DENVER & CHICAGO--(BUSINESS WIRE)--JLT Specialty Insurance Services Inc. (JLT Specialty USA), a U.S. subsidiary of Jardine Lloyd Thompson Group plc (JLT), one of the world’s leading specialty-focused providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, and Keeper Security, Inc. (Keeper), the world’s most secure, easy-to-use, password manager and digital vault, today announced a partnership designed to offer clients an industry leading tool to protect confidential and private information and improve their underwriting risk profile. The partnership will further a dual goal of preventing data breach loss and improving cyber insurance results through password management.
This partnership is the first of a series, creating a select group of advisors and technology providers, to develop and implement best-in-class solutions to manage and mitigate cyber risk. JLT Specialty USA’s Cyber and E&O practice and Keeper are the first members and will work together to redefine data security programs with increased password security services that will improve cyber coverage and pricing.
“Data security continues to be one of the biggest vulnerabilities that companies face and is something that is always on the minds of CTOs and IT professionals,” said Pat Donnelly, President and Deputy Chief Executive Officer of JLT Specialty USA. “We know that a huge percentage of all breaches are due to weak employee passwords and that our clients are looking for tools to address this vulnerability. Keeper’s password manager and digital vault solution are simple, convenient and secure tools that manage passwords and other sensitive information and will be an invaluable offering to our clients.”
“As more and more companies turn to cloud-based applications and utilize mobile products, they are increasingly vulnerable to hacking and phishing attacks,” said Darren Guccione, CEO and Co-Founder of Keeper Security. “JLT Specialty USA has a unique perspective on security risks and truly understands the dangers its clients face each day if they go unprotected, which is why their business model so perfectly aligns with what we offer. We look forward to working closely with JLT Specialty USA as we continue on our mission to keep our clients’ data safe.”
This announcement comes as JLT Specialty USA continues its strategy in expanding its U.S. capabilities around key Specialty areas of energy, technology, construction, real estate, private equity and financial institutions and aerospace. JLT is the only broking team to house credit, political and security risk capabilities in one seamless team, offering clients a full spectrum of risk assessment and mitigation options for their assets, including contractual, investment, physical assets or people.
About Keeper Security
Keeper Security, Inc. is the creator of Keeper, the world’s most popular password manager and digital vault. Founded in 2009 by CEO Darren Guccione and CTO Craig Lurey, Keeper Security is a privately-held company that is based in Chicago with engineering offices in El Dorado Hills, Calif. Keeper is SOC certified and utilizes world-class encryption to safeguard its users. Keeper is available on all major smartphones, tablets and computers – covering iPhone, iPad, Android, Mac, PC, BlackBerry, Kindle, and Windows Phone. For more information about Keeper and to experience the product that protects millions of people worldwide, please visit https://keepersecurity.com. In addition, follow updates on Twitter: @keepersecurity, Google+, or on Facebook.
About JLT Specialty Insurance Services Inc.
JLT Specialty Insurance Services Inc. is the U.S. platform of the leading specialty business advisory firm Jardine Lloyd Thompson Group. Our experts have deep industry and product experience serving leading U.S. and global firms.
About Jardine Lloyd Thompson Group plc.
Jardine Lloyd Thompson is one of the world’s leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services. JLT’s client proposition is built upon its deep specialist knowledge, client advocacy, tailored advice and service excellence.
JLT is quoted on the London Stock Exchange and owns offices in 39
territories with more than 10,000 employees. Supported by the JLT
International Network, it offers risk management and employee benefit
solutions in 135 countries.
Note to Editors:
This announcement may contain "forward looking statements" regarding the financial position, business strategy or plans for future operations of the Group. By their nature, forward looking statements involve risk and uncertainty, relating to facts that are beyond the company's ability to control, such as future market conditions. Any such statements in this announcement speak only as at the date of this announcement. The company does not assume any obligation to, and does not intend to, revise or update these forward looking statements except as required pursuant to applicable law.