#ForYourInformation with Laurent

Moonshot Insurance
Moonshot Insurance
Published in
3 min readMar 16, 2021

Moonshot Insurance launches its #ForYourInformation !

Regularly, an expert will take the floor to take you with us to the moonshot.
How does tomorrow’s insurance work ? What is contextual insurance ? How to improve the insurer-insured relationship ? How can distributors offer new enriched customer experiences ?
Our astronauts will answer all these questions through their various sectors from e-commerce, travel, mobility, payment, events… and even more.

So, ready for take-off ?

2020 was also a striking year in terms of cybersecurity threats for both professionals and individuals. What measures have you taken at Moonshot Insurance to guarantee the security of your employees and those of your partners?
As part of our regular security efforts, we implemented additional measures such as MFA (multi-factor authentication), the roll-out of a password manager, and hardening our employees’ devices.

Cybersecurity is a subject that should be taken seriously, especially when your activities revolve around the digital world.

What do you think of lasting remote working, safe or not ?

The traditional approach to remote working is to connect extend the company’s trusted internal network to “untrusted” locations (such as the employee’s home) using a VPN or a similar secure network. This requires specific network equipment in the company’s infrastructure and specific software and configuration on employees’ PC.

This traditional solution works well when remote working is the exception and most employees work from the office.

However, the current health emergency launched a transition where most companies and businesses switched to full remote working. This puts stress on the security and network equipment as everyone uses their VPN connection to access e-mails, read and update files on shared network drives, join video calls… dramatically expanding the need for bandwidth and VPN endpoints. Furthermore, as no one comes into the office anymore, IT staff are no longer able to service employees’ laptops or provide equipped laptops to new employees.

The result is that companies scrambled to make remote working… work 😉, and employees started using personal devices and accounts as a workaround.

To make generalized remote working a safe, sustainable reality, I believe companies need to move to a zero-trust architecture — no longer relying on a “trusted” corporate network, but rather authenticating devices and users irrespective of their location, and according to the sensitivity of the information they’re trying to access. This move has already been adopted by tech companies such as Google, which has allowed them to switch quickly and seamlessly to full remote working when the pandemic hit.

What major transformations for cybersecurity do you think companies will be facing in 2021 ?

Cybercriminals never miss an opportunity to exploit a crisis!

With the challenges of securing remote environments and the volatility of the current context, we will see (and indeed, have already seen) an increase in cyberattacks. Companies should continue to invest in cybersecurity: tactically, to address the most likely threats (e.g. ransomware) by shoring up their defenses and preparing for these specific scenarios; strategically, to pivot from a “castle” approach (hard perimeter defenses, but few controls once inside) to an “airport” model (different security zones, individual controls for each zone) and eventually to a zero-trust architecture.

For more information on our solutions, please visit Moonshot Insurance.

About Moonshot Insurance

Moonshot Insurance is an Insurtech, leader of contextual insurance that provides Insurance-As-A-Service products to empower the e-commerce industry, mobility providers, along with financial services and so much more.
From underwriting to claim process, Moonshot Insurance innovates at every stage of the insurance value chain. Our value proposition combines innovative insurance coverage with a fully digital experience to enrich the customer experience and meet new consumer behaviours.

Moonshot Insurance operates innovative white-labeled contextual insurance products thanks to its cutting-edge technologies and its API architecture. Since its creation in 2017 within Société Générale Assurances, Moonshot Insurance has been recognized as one of the major fintech firms in Europe by “Emerging 50 fintechs” by KPMG, “TOP 100 Insurtechs” by The DIA Community, “TOP 100 Insurtechs” by Fintech Global…

Visit our website for further information

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Moonshot Insurance
Moonshot Insurance

Moonshot Insurance is the pioneer Insurance-As-A-Service insurtech providing B2B2C contextual insurances products with a 100% digital customer experience.