ITUS Secure Technologies
Machine-learning cyber risk intelligence platform for SMEs and insurers
Overview
ITUS Secure Technologies builds ITUS Protect, a cloud-based cyber risk intelligence platform that helps small and medium-sized enterprises demonstrate their cyber resilience while providing insurance carriers with real-time cyber exposure data for underwriting and risk management. Founded in 2018 by Dr. Clare Ryan (CEO) and Paul Daly (COO), the platform evolved from an earlier product called CYBRISC and combines machine learning-powered risk scoring, real-time monitoring, and vulnerability intelligence to generate actionable cyber risk assessments.
The platform aggregates security control data, vulnerability information, and CVE intelligence to produce clear, shareable cyber risk scores. ITUS Protect is designed specifically for non-technical business owners to understand and manage their cyber security posture while enabling insurance carriers to incorporate cyber risk visibility into their underwriting, pricing, and loss forecasting workflows. The company offers both a direct platform for SMEs and a managed service provider (MSP) partner program launched in summer 2025 to expand distribution across Ireland and the UK.
ITUS Protect was selected for Lloyd's Lab Accelerator Cohort 16 in March 2026, chosen as one of only 12 insurtech startups globally from 220+ applicants. The company raised USD 582K in pre-seed funding from AwakenAngels, Raise Ventures, Symvan Capital, Enterprise Ireland, and NDRC, with Series A planning underway for early 2026.
Products & Services
ITUS Protect
A unified, cloud-based cyber risk intelligence platform combining machine learning, continuous monitoring, and vulnerability intelligence.
Key Features
- Machine-learning powered cyber risk scoring based on security control assessments and CVE intelligence
- Real-time monitoring of cyber defenses and security posture
- Centralized visibility dashboard across multiple security controls with plain-language risk alerts
- Vulnerability and remediation tracking with actionable improvement recommendations
- Insurer collaboration tools enabling policyholders to share risk scores and cyber hygiene data with insurance providers
- Simplified interface designed for non-technical SME business owners
Target Users: SMEs, insurance carriers, MSP partners
MSP Partner Program
A managed service provider reseller program launched in summer 2025 to expand distribution and enable MSPs to offer cyber risk assessment as a value-added service to their clients across Ireland and the UK.
Key Features
- Partner-branded cyber risk assessments
- Integration with MSP client management workflows
- Revenue-sharing partnership model
Target Users: Managed service providers, IT consultants
At a Glance
- Founded
- 2018
- Headquarters
- Letterkenny, County Donegal, Ireland
- Employees
- 11-50
- Funding
- Seed
Category & Focus
- Category
- Underwriting & Risk
- Subcategories
- Cyber risk assessment underwriting data risk scoring
- Insurance Verticals
- P&C Commercial Specialty/E&S
- Target Customers
- Carriers, SMEs, MSPs
Customers
- SMEs across Ireland and the UK (via direct platform and MSP partnerships)
- Insurance carriers integrating cyber risk data into underwriting workflows
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Last updated: 2026-06-14