# BlueCyber

> Cyber insurance MGA for SMEs and families in Latin America

## At a glance

| Field | Value |
| --- | --- |
| Type | MGA |
| Region | LATAM |
| Headquarters | Sao Paulo, Brazil |
| Founded | 2021 |
| Employees | 11-50 |

## Overview

BlueCyber is a cyber insurance MGA distributing monthly protection products to small and medium-sized enterprises (SMEs) and families across Latin America, with a primary focus on Brazil. Founded in 2021 in Sao Paulo, the company operates as a digital-first, B2B embedded insurance platform, distributing cyber coverage through internet service providers (ISPs), software and hardware manufacturers, and insurance brokers.

Policies are underwritten through a capacity partnership with Seguros Sura, with BlueCyber holding MGA authority over program design, distribution, and risk selection. Coverage spans data breach financial compensation, LGPD/GDPR regulatory fine coverage, legal costs, and digital identity theft protection. Following the March 2024 acquisition of Ismac.io, BlueCyber integrated a Managed Detection and Response (MDR) platform to monitor its insured portfolio for active cyber incidents.

BlueCyber distributes through a proprietary embedded insurance API marketplace that allows channel partners to bundle cyber protection into their existing product and service offerings. The company raised USD 1.5M in a March 2024 seed round led by Invisto.com.vc and Bossa Invest, alongside strategic insurance market investors, and has stated intentions to expand into the United States market.

## Products & services

### Monthly Cyber Protection Subscription

Monthly cyber insurance subscription for SMEs and families covering financial losses from cyber incidents. Coverage limits range from BRL 100,000 to BRL 15 million.

**Key features:**

- Data breach financial compensation
- LGPD/GDPR regulatory fine coverage
- Legal fees and defense costs
- Digital identity theft protection
- 24/7 incident response support

*Target users:* SMEs and families in Latin America

*Distribution:* ISPs, software and hardware vendors, insurance brokers

### Embedded Cyber Insurance API Marketplace

API-based marketplace enabling digital distribution channels to integrate cyber insurance into their existing subscriptions and service offerings. Partners can offer customizable cyber coverage as a bundled add-on.

**Key features:**

- Seamless API integration for channel partners
- Customizable policy parameters
- White\-label distribution capability

*Target users:* ISPs, software vendors, hardware manufacturers

*Distribution:* B2B direct integration to channel partners

### Managed Detection and Response \(MDR\) Platform

Cybersecurity monitoring service integrated following the March 2024 acquisition of Ismac.io. Provides continuous monitoring of the insured portfolio for security incidents, enabling prompt detection and response.

**Key features:**

- Continuous security incident monitoring
- Prompt detection and response
- Aligns active cybersecurity monitoring with insurance coverage

*Target users:* Existing BlueCyber policyholders

*Distribution:* Bundled with cyber insurance subscription

## Links

- Website: <https://www.bluecyber.com.br>
- Directory profile: <https://insurtechlist.com/companies/blue-cyber/>
- Linkedin: <https://www.linkedin.com/company/bluecyberseguros>
- Press release \(seed\): <https://www.prnewswire.com/news-releases/pioneer-in-cyber-insurance-in-brazil-receives-1-5-million-funding-302078880.html>

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*Last updated: 2026\-06\-25*