Vanstar Corporation Joins CIGNA's Secure Systems Insurance Multicompany Alliance

CIGNA Property & Casualty's Secure Systems Insurance program, introduced in October 1998, provides insurance protection against loss of corporate information assets and systems technology. To qualify for this insurance, companies must meet certain underwriting criteria and achieve an "insurable state." As part of this effort, Vanstar Corporation has joined CIGNA's multicompany alliance to provide systems security assessments to help companies qualify for Secure Systems Insurance.

Key Takeaways:

• Vanstar Corporation has joined CIGNA Property & Casualty's Secure Systems Insurance multicompany alliance to provide systems security assessments.
• To qualify for CIGNA's Secure Systems Insurance, companies must meet certain underwriting criteria and achieve an "insurable state."
• Vanstar's Enterprise Security Methodology (VESM) is a comprehensive approach designed to perform security baseline assessment services.
• Companies must establish and maintain a contract with an approved provider of information technology and security management services or pass an approved network security assessment process to achieve an "insurable state."
• Vanstar's approach to risk assessment helps companies reach an "insurable state" by using a unique project methodology called "Horizon" and tools such as the Security Issues Grid and Security Assessment Maturity Matrix.
• CIGNA Secure Systems Insurance is administered for CIGNA Property & Casualty by Rockwood Programs, of Wilmington, Del.
• Companies interested in more information about CIGNA Secure Systems Insurance should contact Rockwood at 1-800-558-8808.

Statistics:

• CIGNA Secure Systems Insurance was introduced in October 1998.
• CIGNA Property & Casualty is an operating division of CIGNA Corporation (NYSE:CI).
• CIGNA Corporation has a market capitalization of approximately $1 billion (as of December 21, 1998).

Sources:

• "Companies Provide Security Assessment and Risk Management Solution To Protect Corporate Information Assets and Systems Technology" (Business Wire, December 21, 1998)
• "About CIGNA Property & Casualty" (CIGNA Property & Casualty)
• "About Vanstar" (Vanstar Corporation)
• "CIGNA Secure Systems Insurance" (Rockwood Programs)