CyQuant

AI-driven cyber risk quantification software and insurance placement for European insurers, reinsurers, and brokers

Specialty Solutions Growth Bootstrapped

Overview

CyQuant is a cyber risk quantification and insurance placement platform serving insurers, reinsurers, and brokers across European markets. Founded in 2018 and headquartered in Zurich with operations in Paris, the company provides software that enables data-driven pricing and underwriting for cyber risk portfolios.

The platform covers three core functions: risk measurement using the NIST CSF 2.0 framework across 106 sub-categories via direct integrations with enterprise infrastructure; probabilistic risk quantification via Monte Carlo simulations across 500,000+ scenarios using Gumbel copula modeling; and multi-layer insurance placement structured across European lead and follow markets. CyQuant holds FINMA registration (number 35 799) as an independent insurance broker and publishes its methodology documentation for transparency.

The company operates across four European markets, serving SMEs, mid-market firms, large enterprises, brokers, carriers, and reinsurers. Its underwriting partners include Beazley, AXA XL Cyber & Tech, Allianz Commercial, and Munich Re Syndicate 457 as lead markets, with Hiscox France and Chubb European Group as follow markets.

Products & Services

Measurement

Assessment of cybersecurity posture across 106 NIST CSF 2.0 sub-categories using direct integration with enterprise infrastructure.

Key Features

ERP, Active Directory, and EDR system integration
External scanning and OSINT data sources
Comprehensive cybersecurity posture analysis
DORA and NIS 2 compliance alignment

Target Users: Enterprises, SMEs, mid-market firms (ETI)

Quantification

Probabilistic cyber risk modeling using Monte Carlo simulation to enable data-driven insurance pricing.

Key Features

Monte Carlo simulation with 500,000+ scenarios
Gumbel copula for loss distribution modeling
Probabilistic risk assessment for pricing decisions
32-page methodology documentation available under NDA

Target Users: Carriers, reinsurers, brokers

Placement

Multi-layer cyber insurance program structuring and placement across European markets.

Key Features

Lead and follow market program structuring
Access to major European cyber underwriters
FINMA-registered independent brokerage (no undisclosed rebates)
Coverage across four European markets

Target Users: Enterprises, brokers

At a Glance

Founded: 2018
Headquarters: Zurich, Switzerland
Employees: 11-50
Funding: Bootstrapped

Category & Focus

Category: Specialty Solutions
Subcategories: Cyber Risk Quantification Insurance Placement Underwriting Analytics
Insurance Verticals: Specialty/E&S Reinsurance P&C Commercial
Target Customers: Carriers, Brokers, MGAs/MGUs, Reinsurers