For the insurance eco-system - winning the cyber insurance market and building a profitable cyber portfolio is a huge opportunity and a serious challenge. It means implementing an effective customer digital engagement strategy in combination with an advanced cyber underwriting process and systemic risk management. However, lack of technology, historical data, risk models and customer awareness to the risks, are preventing the eco-system from capitalizing on this exciting opportunity.
CyberWrite has set to solve these issues.
Cyberwrite's leadership identified these issues and decided to develop a set of technologies and products which would improve the capacity of business owners to purchase cyber insurance policies that are best suited to their needs. We achieve this by providing insurance companies with cyber insurance risk management tools which serve both the underwriters and the insureds to easily analyze the policy risks and make a decision upon. We decided to make things the way we believe they should be.
Our company leadership includes experienced cyber risks experts, actuaries and data science leaders who previously served in key roles in companies such as Accenture, IBM, Cisco and insurance companies. In addition, the company is backed by Silicon Valley and European InsurTech investors and advisors which support the company financially and on the operational level, including SpeedInvest, 500startups, Plug&Play and expert angel investors.
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