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AT&T Partners with Lockton Affinity & CNA to Expand Business
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AT&T Inc. (T - Free Report) and its new subsidiary, AT&T Insurance Agency, LLC, have partnered with Lockton Affinity and CNA Financial Corp. (CNA - Free Report) to make cyber insurance policies available to small and mid-sized enterprises. CNA is one of the largest U.S. commercial property and casualty insurance companies.
The strategic move gives AT&T Business customers access to a full range of cyber risk management solutions, which will help them holistically mitigate and transfer cyber risks. With this, customers of AT&T Managed Cybersecurity Solutions will have access to policies that are underwritten by CNA, with Lockton Affinity serving as the insurance broker.
Notably, AT&T Managed Cybersecurity Solutions provide superior cyber protection, which is recognized by insurance industry leaders. The company is offering customers a combination of cybersecurity technologies and access to broad cyber insurance through CNA. The policy — CNA Epack Extra — may cover from $250,000 up to $10 million of qualifying expenses.
AT&T aims to capitalize on business opportunities with such customized service offerings so that the standard ‘one size fits all’ is not applicable to small and mid-sized organizations due to the fact that gross turnover of different businesses varies significantly. Moreover, there is a huge scope to generate higher revenues as the industry is highly underserved as only 3% have coverage and lack access to affordable response and recovery solutions.
Also, recovering from cyberattacks disrupt business continuity, and small and mid-sized businesses lack necessary resources needed to recover. AT&T seeks to help these enterprises mitigate the evolving cyber risks and respond to emergencies accordingly.
Furthermore, AT&T Cybersecurity Solutions provide more than 20 managed security services to AT&T customers, including AT&T Cloud Web Security Service, AT&T Secure Email Gateway and AT&T Distributed Denial of Service Defense.
In the past three months, shares of AT&T have gained 3.2% compared with 7.1% growth recorded by the industry.
United States Cellular has a long-term earnings growth expectation of 1%. It beat earnings estimates in each of the trailing four quarters, delivering an average positive surprise of 340.4%.
Cogent Communications has a long-term earnings growth expectation of 10%.
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It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6% and +67.1%.
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AT&T Partners with Lockton Affinity & CNA to Expand Business
AT&T Inc. (T - Free Report) and its new subsidiary, AT&T Insurance Agency, LLC, have partnered with Lockton Affinity and CNA Financial Corp. (CNA - Free Report) to make cyber insurance policies available to small and mid-sized enterprises. CNA is one of the largest U.S. commercial property and casualty insurance companies.
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The strategic move gives AT&T Business customers access to a full range of cyber risk management solutions, which will help them holistically mitigate and transfer cyber risks. With this, customers of AT&T Managed Cybersecurity Solutions will have access to policies that are underwritten by CNA, with Lockton Affinity serving as the insurance broker.
Notably, AT&T Managed Cybersecurity Solutions provide superior cyber protection, which is recognized by insurance industry leaders. The company is offering customers a combination of cybersecurity technologies and access to broad cyber insurance through CNA. The policy — CNA Epack Extra — may cover from $250,000 up to $10 million of qualifying expenses.
AT&T aims to capitalize on business opportunities with such customized service offerings so that the standard ‘one size fits all’ is not applicable to small and mid-sized organizations due to the fact that gross turnover of different businesses varies significantly. Moreover, there is a huge scope to generate higher revenues as the industry is highly underserved as only 3% have coverage and lack access to affordable response and recovery solutions.
Also, recovering from cyberattacks disrupt business continuity, and small and mid-sized businesses lack necessary resources needed to recover. AT&T seeks to help these enterprises mitigate the evolving cyber risks and respond to emergencies accordingly.
Furthermore, AT&T Cybersecurity Solutions provide more than 20 managed security services to AT&T customers, including AT&T Cloud Web Security Service, AT&T Secure Email Gateway and AT&T Distributed Denial of Service Defense.
In the past three months, shares of AT&T have gained 3.2% compared with 7.1% growth recorded by the industry.
AT&T currently has a Zacks Rank #3 (Hold). Better-ranked stock in the industry include United States Cellular Corp. (USM - Free Report) and Cogent Communications Holdings, Inc. (CCOI - Free Report) , both sporting a Zacks #1 Rank (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
United States Cellular has a long-term earnings growth expectation of 1%. It beat earnings estimates in each of the trailing four quarters, delivering an average positive surprise of 340.4%.
Cogent Communications has a long-term earnings growth expectation of 10%.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6% and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>