PRISMATIC®
FAQs
Answers to frequently asked questions about PRISMATIC
®
and its operation and functions.
What is PRISMATIC
®?
How does PRISMATIC
®
work?
Who utilizes PRISMATIC
®
risk assessments?
How long does it take to determine a companys
risk level?
Can PRISMATIC
®
be used to help obtain insurance coverage for Internet-related risks?
What
is PRISMATIC®?
PRISMATIC
®
is a technology-based tool to assist in evaluating the legal, technological
and managerial risks
associated with having an Internet presence.
How
does PRISMATIC® work?
PRISMATIC
®
uses an algorithmic process to identify and measure an organizations
exposure to a variety of
technologically enhanced legal and technological risks.
Who
utilizes PRISMATIC
® risk assessments?
Companies with a business presence on the Internet
Companies with significant technology reliance
Companies whose intellectual property is a significant component
of their net worth
Insurance and reinsurance brokers and underwriters
Venture capitalists with investments in companies with high
intellectual property components
Companies engaged in mergers and acquisition transactions
as a significant component of their due diligence
How
long does it take to determine a companys risk level?
Once the initial questionnaire is completed, a full risk assessment
report and remediation recommendations
are available within a few business days.
Can
PRISMATIC® be used to help obtain
insurance coverage for Internet-related risks?
Insurance brokers and underwriters may find PRISMATIC®
useful in assessing the clients risk exposure and in evaluating
the insurance coverage needed, if any.
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