BLUECYBER Seguros

Cyber insurance for SMEs and families in Latin America, bundled with managed detection and response services

Specialty Solutions

Overview

BLUECYBER Seguros is a cyber insurance MGA based in Sao Paulo, Brazil, distributing coverage to small and medium-sized enterprises and individual consumers across Latin America. The company operates exclusively through digital channels, reaching customers via internet service providers, software and hardware manufacturers, fintechs, digital banks, and insurance brokers. All policies are issued by Seguros Sura, one of the largest insurance groups in Latin America.

BLUECYBER structures cyber programs covering data breaches, GDPR-related regulatory fines, legal costs, and digital identity theft. A distinguishing feature of its offering is the integration of managed detection and response (MDR) technology through its acquired Ismac.io platform, providing active portfolio monitoring and incident response alongside coverage.

The company closed a USD 1.5M (BRL 7M) seed round in February 2024, with participation from Invisto.com.vc, Bossa Invest, and strategic investors from the insurance sector. BLUECYBER used the funding to acquire the Ismac.io MDR platform and is expanding its reach across Latin America, with the United States identified as a longer-term target.

Products & Services

Cyber Insurance for SMEs

Monthly subscription cyber protection insurance for small and medium-sized businesses, covering a range of digital risks.

Key Features

Data breach response and notification costs
GDPR-related regulatory fines
Legal costs arising from cyber incidents
Digital identity theft

Target Users: SMEs, fintechs, digital banks, managed security service providers, software and hardware manufacturers, mobile operators, retailers, and e-marketplaces

Distribution: Online via embedded API partnerships with ISPs, software/hardware manufacturers, brokers, fintechs, digital banks, mobile operators, and e-marketplaces