How to Reduce Your Cyber Insurance Premium with Better Security Posture

Cyber insurance premiums are calculated based on your demonstrated security posture. The highest-impact improvements for UK SMEs are: (1) implementing DMARC/DKIM/SPF, (2) enforcing MFA on email and admin accounts, (3) documenting AI governance, (4) conducting annual breach database checks, (5) maintaining a security incident response procedure. Each can be evidenced with documentation that Governably generates automatically.

Five premium-reducing actions

1. Implement DMARC, DKIM, and SPF

Removes email spoofing risk — the attack vector behind most business email compromise. Evidence: DNS records showing all three configured with enforcement policy.

2. Enforce MFA on all accounts

Reduces credential theft risk by 99%. Evidence: admin console screenshot showing MFA enforced organisation-wide.

3. Document AI governance

Addresses the fastest-growing underwriter concern. Evidence: AI policy, tool inventory, governance score from Governably.

4. Conduct annual breach database checks

Shows proactive credential monitoring. Evidence: Governably scan report showing breach exposure status.

5. Maintain an incident response procedure

Demonstrates preparedness. Evidence: documented procedure with named responders and contact details.

How to present evidence at renewal

Generate a Governably Governance Status report before your renewal meeting. It covers email security, credential exposure, AI tool inventory, and remediation progress — all in one PDF that underwriters can attach to your risk file.

What reduces premiums most?

MFA and DMARC implementation have the largest premium impact.

How much can I save?

Businesses demonstrating strong security posture report 10-25% premium reductions.

Do I need a certification?

Not necessarily — documented controls and regular monitoring work for SMEs.

How does Governably help?

Generates compliance-ready PDF reports for underwriters.