Cyberwrite offers patented 4SEEN technology for cyber risk quantification, enabling insurance professionals to assess and manage cyber threats with precision. The platform provides detailed risk analysis and actionable insights, helping businesses understand their vulnerabilities and optimize their cyber insurance coverage.
Funding
$7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
PBPAFounders
Product
Problem
Cyber insurance professionals face challenges in accurately assessing and managing cyber threats due to the complexity of quantifying cyber risk and the lack of readily available, detailed risk analysis. Traditional methods often lack the speed and depth needed to provide actionable insights for underwriting and sales.
Solution
Cyberwrite offers a cyber risk quantification platform that enables insurance professionals to assess and manage cyber threats with precision. The platform uses patented AI technology to provide detailed cyber risk analysis and benchmarks a company's cyber risk against its peers. It delivers cyber insurance reports in under a minute with risk assessments tailored to each coverage in the insurance policy. Cyberwrite empowers insurers, reinsurers, agents, and brokers to make faster, more consistent underwriting decisions, improve portfolio management, and grow their business by providing clients with a clear understanding of the potential financial impact of a cyberattack.
Target Audience
The primary target audience includes cyber insurance professionals such as insurers, reinsurers, Lloyd’s syndicates, agents, and brokers.
Features
- Patented 4SEEN AI technology cross-references data across multiple data points for accuracy and analyzes it on demand.
- Cyber risk analysis benchmarks any company’s cyber risk against its peers on a global basis.
- Assesses risk for businesses of any size.
- Delivers cyber insurance reports with risk assessments for each coverage in the insurance policy.
- Provides reports in multiple languages.
- Next-gen catastrophe model uses granular data to assess breach probabilities and potential damages.