Bluecyber is an MGA focused on cyber insurance, selling monthly digital protection subscriptions that cover data-breach claims, regulatory fines, legal fees, and digital identity theft while bundling services like antivirus, help desk support, vulnerability monitoring, risk management, and incident response. The company distributes B2B products digitally through non-traditional channels such as internet providers, software and hardware manufacturers, and insurance brokers. Bluecyber completed the acquisition of Ismac.io and integrated its Managed Detection and Response (MDR) platform to continuously monitor insured portfolios and reduce claim frequency and severity. Management aims to expand operations across Latin America and target 10,000 subscribers by the end of 2024. Bluecyber highlights a large underserved Latin American market with an estimated gross written premium (GWP) of USD 17.3 billion. Seguros Sura is the policy issuer, providing underwriting capacity and regulatory compliance.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2024