Technology

SAFE Brings Unprecedented Speed and Transparency to Risk Management for Cyber Insurance; 4 Wins at Cyber Insurance Awards Validate Role in Transforming Insurance Underwriting

Published

1 year ago

April 10, 2025

PALO ALTO, Calif., April 10, 2025 /PRNewswire/ — The SAFE platform is rapidly gaining acceptance by the insurance industry as the new standard for efficient and transparent cyber risk management for underwriting, enabling insurance brokers and carriers to optimize risk selection and underwriting efficiency while introducing unique policy incentives and premium discounts directly correlated to an organization’s cyber risk posture in SAFE.

SAFE recently swept the Cyber Insurance Awards USA 2025 with four wins: Cyber InsurTech of the Year, Cyber Underwriting Technology of the Year, and Cyber Insurance Technology Provider of the Year, with SAFE’s Insurance Leader, Steven Schwartz Highly Commended as a “Rising Star in Cyber Insurance.”

“SAFE stood out from their peers in 2024 in innovation and thought leadership,” the Cyber Insurance Awards judges commented. “They have continued to push the bounds in risk quantification and cyber and underwriting through their partnerships with brokers and carriers to the benefit of clients and the market.”

Key Points about SAFE’s Solution for the Insurance Industry

–Transforms cyber insurance underwriting with AI-powered, continuous cyber risk management via its innovative SAFE One platform.

–Revolutionizes cyber insurance by providing objective, real-time “inside-out” risk assessments, replacing outdated processes like questionnaires and exterior scans.

–Enables significant time and cost savings for insurers and insurance buyers, reducing weeks-long processes to minutes and enabling buyers to save up to 30% on premiums.

–Built on global standards like FAIR and MITRE, SAFE’s platform applies transparent, defensible methodologies trusted by over 50% of the Fortune 1000.

SAFE Is the Leader in AI-powered, Continuous Cyber Risk Management

Our SAFE One platform enables CISOs and cyber risk leaders to proactively and continuously quantify, prioritize, and manage cyber risks across the entire enterprise attack surface, including third parties.

The platform also enables insurance brokers and carriers to quantitatively assess and underwrite cyber insurance more efficiently and effectively, leveraging SAFE’s AI-automation and transparency that underpins each risk analysis.

How SAFE Transforms Cyber Insurance Underwriting

The standard underwriting process for cyber insurance today is broken, depending on two indirect and outmoded methods.

–”Outside-in” scans that paint a partial picture of the enterprise’s cybersecurity controls and will always be subject to false positives

–Lengthy, subjective questionnaires that consume 4-8+ weeks of time across multiple security, operations, and financial stakeholders.

SAFE empowers a streamlined cyber risk and insurance assessment, leveraging read-only API integrations to more than 100 cloud, SaaS, and cybersecurity solutions.

In a matter of minutes, an organization can obtain an objective, real-time understanding of its cyber risk posture and any specific vulnerabilities and misconfigurations with prioritized recommendations on remediation.

SAFE’s transparency and underwriting efficiency enables our underwriter and broker partners to reduce hours into minutes while obtaining more meaningful, objective risk insights that empower SAFE’s carrier partners to offer significant policy incentives.

Cyber Insurance Buyers Achieve Discounts of Up to 30%

SAFE platform users qualify for discounts with leading insurance brokers and carriers that partner with SAFE, such as Chubb, Mosaic Insurance, Zurich Insurance, and more.

“With SAFE and their partnership with Mosaic, we were able to obtain increased limits with a premium savings of more than 20% while saving about 100 hours compared to the traditional renewal process on our technology E&O cyber insurance policy,” said Jay Modh, Founder and CEO, Intuitive Cloud. “In a matter of minutes we were able to obtain preferential terms with continuous visibility into our prioritized recommendations and findings from SAFE.”

Learn how SAFE can transform your cyber risk management – and earn you major savings on cyber insurance premiums – contact us.

About Safe

SAFE is the leader in AI-powered, continuous cyber risk management. SAFE empowers CISOs and Cyber Risk Leaders to become indispensable partners to the business, by enabling real-time quantification, prioritization, and mitigation of cyber risks, to support digital growth initiatives and ensure organizational resilience in the face of evolving threats. Visit https://safe.security/.

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SOURCE SAFE

Technology

FranklinWH Introduces Enhanced 15 kWh aPower in Australia and New Zealand

Published

1 hour ago

May 3, 2026

Expansion comes as policy shifts and rising power costs accelerate demand for residential energy storage

SYDNEY, May 4, 2026 /PRNewswire/ — FranklinWH, a leading provider of whole-home energy management and battery storage solutions, today announced the launch of its enhanced 15 kWh aPower battery in Australia and New Zealand, as demand for residential energy storage continues to grow, driven by evolving policy settings and increasing interest in energy independence.

The updated aPower builds on the company’s established platform, increasing usable capacity from 13.6 kWh to 15 kWh and raising warrantied throughput from 43 MWh to 60 MWh, an increase of 40 percent. These updates deliver more usable energy over the life of the system while maintaining the same footprint and price.

“The energy landscape is shifting quickly, and more homeowners are thinking beyond the upfront specs to what really pays off over time,” said Steve Ruskin, General Manager of FranklinWH Australia. “This upgrade is about delivering more performance over the life of the system, more usable energy, greater throughput, while staying true to our ‘buy once, buy right’ philosophy.”

The increase in warrantied throughput translates into savings for homeowners. Based on typical usage patterns and an electricity rate of A$0.35 per kilowatt-hour, the additional throughput may represent up to approximately A$5,950 in value over the lifetime of the system. The increase in usable capacity also improves energy density, lowering the effective cost per kilowatt-hour and supporting more efficient use of stored energy.

The 15 kWh configuration also aligns with current and upcoming policy frameworks benefitting residential battery adoption. This includes the updated Cheaper Home Batteries Program, with changes coming into effect for Australian homeowners from 1 May, 2026, helping households maximise value as incentives continue to evolve.

As the residential battery market expands, FranklinWH continues to focus on reliability and system performance. The aPower incorporates design elements to support durability, including structural reinforcement to reduce cell stress over time, per-cell temperature monitoring, and the separation of the battery pack and control systems to maintain reliable performance.

“We believe performance should be measured over years, not just at installation,” Ruskin added. “We focus on building systems that deliver consistent, reliable results over time. That long-term perspective is what ultimately defines value for homeowners.”

The aPower is designed to operate as part of the FranklinWH System, an integrated home energy management platform that coordinates energy generation, storage, and consumption. The system is designed to optimise multiple energy inputs, provide reliable backup power, and support more efficient and independent energy use at the household level.

About FranklinWH

FranklinWH Energy Storage is the manufacturer of the FranklinWH System. FranklinWH is a market-oriented, research-driven company focused on next-generation residential energy management and storage solutions. Located in Macquarie Park, Sydney with a global head office in the San Francisco Bay Area, FranklinWH’s team has decades of experience in energy systems, from design, through manufacturing, to sales and installation. FranklinWH is AVL-listed with multiple financial institutions.

Contact: Media@franklinwh.com

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SOURCE FranklinWH Australia Pty Ltd

Technology

Peninsula Visa Launches Comprehensive OCI Processing Services

Published

3 hours ago

May 3, 2026

Peninsula Visa, a trusted leader in immigration and visa processing services with over 50 years of expertise, today announced the launch of its comprehensive Overseas Citizen of India (OCI) processing services. To celebrate this milestone, Peninsula Visa is offering new users an exclusive 20% discount with promo code OCI20 at checkout.

SAN JOSE, Calif., May 3, 2026 /PRNewswire-PRWeb/ — Peninsula Visa, a trusted leader in immigration and visa processing services with over 50 years of expertise, today announced the launch of its comprehensive Overseas Citizen of India (OCI) processing services. To celebrate this milestone, Peninsula Visa is offering new users an exclusive 20% discount with promo code OCI20 at checkout.

For 50 years, Peninsula Visa has helped families navigate immigration. OCI processing is one of our most impactful services, connecting the Indian diaspora to their heritage. We’re proud to bring our expertise to help families secure OCI status with confidence. Evan James, CEO

A Full Suite of OCI Services

Peninsula Visa’s OCI services cover every stage of the OCI lifecycle, ensuring that members of the Indian diaspora receive expert support from start to finish.

The four service types now available are:

New OCI Application — For foreign nationals of Indian origin, spouses of Indian citizens or existing OCI card holders, and minor children with at least one Indian parent applying for OCI status for the first time.OCI Card Renewal — For card holders whose OCI card has expired, or whose linked passport has been renewed or replaced and requires an updated booklet.Re-issuance (Age Milestones) — OCI cards must be re-issued when minors reach the age of 18 and again when card holders turn 50, due to significant changes in appearance. Peninsula Visa guides clients through both transitions seamlessly.Miscellaneous OCI Services — Covering corrections to existing records, lost or damaged card replacement, address changes, and other administrative updates to the OCI file.

Why Choose Peninsula Visa for Your OCI Application

Peninsula Visa brings decades of institutional knowledge and a client-first philosophy to every OCI case.

Key value propositions include:

Expert Guidance — Dedicated OCI specialists with deep knowledge of consulate requirements, eligibility rules, and documentation standards across all service types.High Approval Rate — A meticulous multi-stage review process that identifies and resolves issues before submission, dramatically reducing the likelihood of rejection or delay.Fast Turnaround — Standard processing in 12-15 Business Days for most OCI service types, with real-time status updates throughout the process.End-to-End Support — Personalized document checklists, secure document uploads, expert form preparation, consulate submission, and post-submission tracking — all in one place.

Launch Promotion

Save 20% on any OCI service — new users only

OCI20

Enter code OCI20 at checkout. Available to new users. No expiration date.

Leadership Perspective

“For 50 years, Peninsula Visa has helped individuals and families navigate the complexities of immigration documentation. OCI processing is one of the most impactful services we have ever added — it directly connects the Indian diaspora to their heritage country in a lasting, meaningful way. We are proud to bring our proven expertise and client-centric approach to this important service, and we look forward to helping thousands of families secure their OCI status with confidence.”

Founded in 1975, Peninsula Visa has built its reputation on precision, transparency, and a genuine commitment to client outcomes. The addition of OCI processing services reflects the company’s ongoing mission to expand its offerings to meet the evolving needs of immigrants and their families across the United States.

Get Started Today

Eligible applicants can begin their OCI journey by visiting Peninsula Visa’s dedicated OCI Services page. New users can take advantage of the 20% launch discount by entering promo code OCI20 at checkout when selecting any OCI service type.

Media Contact

Evan James, Peninsula Visa, 1 4087277515, media@peninsulavisa.com, https://peninsulavisa.com/

View original content to download multimedia:https://www.prweb.com/releases/peninsula-visa-launches-comprehensive-oci-processing-services-302760544.html

SOURCE Peninsula Visa

Technology

Peninsula Visa Launches Comprehensive OCI Processing Services

Published

3 hours ago

May 3, 2026

A Full Suite of OCI Services

Peninsula Visa’s OCI services cover every stage of the OCI lifecycle, ensuring that members of the Indian diaspora receive expert support from start to finish.

The four service types now available are:

Why Choose Peninsula Visa for Your OCI Application

Peninsula Visa brings decades of institutional knowledge and a client-first philosophy to every OCI case.

Key value propositions include:

Launch Promotion

Save 20% on any OCI service — new users only

OCI20

Enter code OCI20 at checkout. Available to new users. No expiration date.

Leadership Perspective

Get Started Today

Media Contact

Evan James, Peninsula Visa, 1 4087277515, media@peninsulavisa.com, https://peninsulavisa.com/