Okta + Marsh McLennan Agency: Value Proposition
The recent rise in ransomware and data breaches impacted many cyber insurance carriers, increasing the number of claims versus premiums earned. As a response, insurance providers have updated their policies with more stringent underwriting requirements around identity and infrastructure, but many organizations still aren’t doing enough to protect themselves.
To make sure organizations are assessing, mitigating, and insuring all potential risks, MMA developed their Cyber Resilience Network (CRN) which helps with providing risk prevention and insurance by examining their clients’ business strategies and identifying gaps. Organizations can then use MMA’s CRN partner, Okta, to address many cyber insurance requirements and best practices from a single place by implementing MFA, Access Control, Automatic Account Management, and Advanced Server Access. Together, we make sure organizations have holistic network identity and security solutions for cyber risk preparedness.
About Marsh McLennan Agency
Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With 9,000 colleagues and 160 offices across North America, MMA combines the personalized service model of a local consultant with the global resources of the world’s leading professional services firm, Marsh McLennan (NYSE: MMC).
About Okta
Okta is the leading independent identity provider. The Okta Identity Cloud enables organizations to securely connect the right people to the right technologies at the right time. With more than 7,000 pre-built integrations to applications and infrastructure providers, Okta provides simple and secure access to people and organizations everywhere, giving them the confidence to reach their full potential. More than 15,800 organizations, including JetBlue, Nordstrom, Slack, Takeda, Teach for America, and Twilio, trust Okta to help protect the identities of their workforces and customers.