Risk assessment firm SecurityScorecard announced it has entered a partnership with Measured Analytics and Insurance to offer cyber policyholders a discount on their insurance premiums if they score highly in a cybersecurity assessment.

SecurityScorecard assigns a security rating by scanning an organization’s attack surface for threat exposure and correlations with cyber incidents, enabling Measured Insurance to offer accurate cyber coverage and rates.

The incentive program will also offer participants a complimentary cyber risk assessment, an action plan to reduce exposure, cybersecurity investment advice, and free security ratings ahead of renewal and during the policy period.

Analyst QuickTake: In June, Mosaic Insurance partnered with cyber risk quantification company Safe Security to launch a cyber incentive program . These programs recognize organizations that have invested in their cybersecurity and reflect the costs of transfer accordingly. They also reduce cyber security breaches—and therefore, insurance claims—reducing risk borne by providers.