Auckland, NZ, November 1st, 2018 - SingleSource, New Zealand’s pioneer in decentralised identity and risk scoring has announced that it will partner with specialist insurance company, Delta Insurance to integrate SingleSource’s Know Your Customer (KYC) service to reinforce their holistic cyber security solution.
Protecting customers before, during and after a security threat or suspected threat, Delta Insurance provides protection and cover for those at risk from cybercrime through the prevention of identity theft via SingleSource’s secured digital identity protocol.
Delta Insurance, a locally owned and operated specialist group of underwriting agencies is a leader in the cyber security insurance market. The company which was founded in New Zealand in 2014 has since expanded into Asia opening an office in Singapore in 2017. Delta Insurance was named as Insurer of the Year at the Insurance Advisernet NZ Awards 2018, for the second year running.
General Manager of Delta Insurance, Craig Kirk commented on the new partnership with SingleSource saying: “We are really excited to be partnering with SingleSource. Preventing identity theft with a leading secured digital ID protocol is growing in importance, and SingleSource are leading the way in this space. Building a high level of trust between insurer and insured is critical, and our relationship with SingleSource will provide our customers with total peace of mind when it comes to the protection of their identity.”
SingleSource continues to rapidly grow and forge strong partnerships with leading players in the market with its Know Your Customer (KYC) offering which is quickly gaining acceptance and traction around the world through its market leading secured digital identity protocol.
SingleSource Co-Founder & CEO Kelvin Chandran said: "It’s really important to us that we partner with companies who have a critical role to play in keeping people safe from cyber security attacks. Critically this needs to be throughout the entire process, from threat of security risk to an unfortunate circumstance where it’s actually happened. Partnering with Delta Insurance will give their clients peace of mind that they have the best-of-breed protection from any suspicious activities.”
Moving forward, SingleSource and Delta Insurance will work closely together to give customers complete peace of mind that they and their data are being protected.
About Delta Insurance
Delta Insurance is New Zealand’s only locally owned and operated specialist insurance provider. It provides comprehensive insurance coverage solutions with a range of products in the financial lines, casualty, UAV, property and specialty insurance sectors.
Delta was founded by Ian Pollard and Craig Kirk in April 2014, who have both worked in insurance all their professional lives – both in New Zealand and internationally. They are committed to staying at the forefront of insurance needs in New Zealand, and around the world.
SingleSource Platform Pte. Ltd (“SingleSource”) provides a decentralised risk scoring and identity protocol that puts the individual in control of their own personal data by leveraging blockchain technology. Our vision is to support a safer and fairer marketplace for the individual to transact with businesses so that they receive the best value for the service, while enabling organisations to trust the individual and eliminate financial fraud. SingleSource is powered by Centrality, one of the world’s leading, blockchain venture studios.
Find out more about SingleSource in the whitepaper here.