VicOne Announces Agreement With Tokio Marine & Nichido for Joint Research and Development of Insurance and Services

VicOne, an Automotive Cybersecurity Solution Provider, Announces Agreement With Tokio Marine & Nichido for Joint Research and Development of Insurance and Services in Response to the Evolution of Connected Cars

New services to counter emerging threats, ensuring a safer and more enjoyable digital driving experience

VicOne (Shinjuku-ku, Tokyo; CEO: Max Chen), a subsidiary of Trend Micro Inc. and a leading company in automotive cybersecurity, today announced a strategic collaboration with Tokio Marine & Nichido Fire Insurance Co. (Chiyoda-ku, Tokyo; President & CEO: Hiroaki Shirota). The agreement focuses on joint research and development of insurance and services aimed at addressing cybersecurity threats in the evolving landscape of connected cars.

Background of the agreement with Tokio Marine & Nichido

As part of our commitment to enhancing automotive cybersecurity, VicOne has entered this new business area in anticipation of future threats to connected vehicles. We have forged this agreement with Tokio Marine & Nichido Fire Insurance Co. to collaboratively address these challenges and develop innovative solutions to safeguard connected cars.

Future plans

The two companies will work together to develop products and services related to in-vehicle infotainment (IVI), vehicle security operations centers (VSOCs), and electric vehicle (EV) charging. These offerings are expected to be launched in Asia, the EU, North America, and other regions. By providing these services as early as possible in regions where threats are anticipated to rise, we aim to contribute to a safer automotive industry. This agreement will help ensure secure vehicle design and development, providing vehicle owners and users a safer, more enjoyable digital driving experience.

About Tokio Marine & Nichido

Tokio Marine & Nichido Fire Insurance Co., Ltd. is committed to supporting customers and society during emergencies with optimal insurance solutions. The company is actively evolving its value proposition in the insurance business by underwriting new risks and offering supplementary services. In addition to addressing emerging risks, Tokio Marine & Nichido is focused on providing proactive solutions that go beyond the traditional insurance framework, delivering value both before and after an event occurs.

About VicOne

With a vision to secure the vehicles of tomorrow, VicOne delivers a broad portfolio of cybersecurity software and services for the automotive industry. Purpose-built to address the rigorous needs of automotive manufacturers and suppliers, VicOne solutions are designed to secure and scale with the specialized demands of the modern vehicle. As a Trend Micro subsidiary, VicOne is powered by a solid foundation in cybersecurity drawn from Trend Micro’s 30+ years in the industry, delivering unparalleled automotive protection and deep security insights that enable our customers to build secure as well as smart vehicles. For more information, visit vicone.com.