The move targets one of the most pressing challenges in the Indian insurance market: accurately assessing and pricing cyber risk for organisations – particularly SMEs – that often lack internal IT security expertise.
The new Mumbai office will be led by Tanmay Gore, Director of Intersys India. The company will offer resalable cyber security services, including baseline cyber risk assessments and continuous monitoring, to brokers and insurers working with corporate SMEs. This enables underwriters to price and issue cyber policies with greater confidence, backed by real-time risk data and controls.
Intersys’ core offering includes two integrated services. First, Cyber Risk Assessments are delivered as a “Cyber Security as a Service” model, enabling insurers and brokers to gauge a client’s cyber maturity and vulnerabilities before binding coverage. Second, Continuous Cyber Monitoring ensures insureds maintain an appropriate security posture throughout the policy term, reducing the likelihood of claims and supporting smoother policy renewals.
This model helps establish a clear security baseline and fosters a feedback loop between cyber hygiene and insurance pricing – a critical step in a market where cyber losses are rising but risk quantification remains underdeveloped.
“Intersys clients in the UK are ten times less likely to suffer a cyber attack compared to the national average,” said Matthew Geyman, Managing Director of Intersys. “Using cyber risk mitigation best practices developed in the UK, we’re launching Intersys India to give local brokers and underwriters the tools they need to support India’s SME corporate policyholders with practical cyber security services that directly improve their insurability. When clients are better protected, they’re a better risk – and that unlocks profitable growth for everyone.”
Dr. Prerna Tambay of Intersys India added, “There is a clear gap in the market to support India’s brokers and insurers in offering proactive cyber risk assessment and management services. Our model is proven in mature markets like the UK, where Intersys has a clear track record of embedding cyber security best practices within the insurance journey. For Indian insurance brokers and carriers, the offering unlocks new business potential among underserved mid-market corporates and supports efforts to increase cyber insurance penetration.”
With the expansion into India, Intersys aims to bridge the gap between cybersecurity and cyber insurance, providing brokers and insurers with scalable tools to manage risk and grow their portfolios in a rapidly evolving digital threat landscape.
