Intelligent Identity Security company Sontiq, the Nottingham-based portfolio company of The Wicks Group of Companies LLC, late Tuesday announced the signing of a definitive agreement to acquire Cyberscout, a cyber products and services company tailored for the insurance industry.
Terms of the deal were not disclosed.
By acquiring Cyberscout, Sontiq builds on its product platform and expand into the insurance industry with cyber solutions and forensic investigation products and services. With Cyberscout, and Sontiq’s IdentityForce and EZShield, an ever-growing community of institutions, households, and individuals benefit from best-in-class products and services that define the identity theft and cyber fraud protection market.
Cyberscout joins Sontiq’s cloud-based platform of products and services, with a mutual focus on delivering high-touch services and support. Cyberscout’s solutions include those focused on personal and commercial cyber coverage, as well as complementary programs that are included in employee benefits packages.
Through Sontiq’s comprehensive product portfolio, major insurance carriers, mutual insurers and reinsurers will benefit from increased cybersecurity education, protection, forensics, incident response and resolution services.