Founded in 2016 and based in London, DynaRisk provides a suite of tools designed to help individuals and businesses assess and reduce their exposure to cyber threats. These include vulnerability scanning, dark web monitoring, cybersecurity scoring, training and education, and actionable remediation guidance. The company distributes its services through insurers, reinsurers, brokers, and managing general agents (MGAs), and currently supports around 2.4 million consumers and 800,000 small and medium-sized enterprises (SMEs) via 25 insurance partners.
Its growing client list includes industry players such as Beazley’s Turnkey Reinsurance team, Arthur J. Gallagher, REEOIC, SCOR, Chubb, SPB UK & Ireland, Aspire Insurance Advisers, Ridge Canada, and BOXX Insurance.
“Brokers, MGAs, and (re)insurers are rushing to tap the fast-growing cyber insurance market, as cyber risk becomes one of the most pressing global challenges for consumers and SMEs,” said Andrew Martin, CEO of DynaRisk. “While working with global banks, I saw how larger corporations were using complex and costly enterprise software and wanted to make that level of protection more accessible. DynaRisk bridges that gap by equipping the insurance sector with leading threat intelligence tools, cyber incident response services, and underwriting software. YFM understood our mission immediately, and their support will be vital as we scale our business and continue evolving our platforms.”
Matt Gordon-Smith, Investment Director at YFM Equity Partners, echoed that confidence in DynaRisk’s potential: “DynaRisk has developed impressive platforms and built a strong client base in one of the insurance industry’s fastest-growing segments. With cyber threats escalating and increasing pressure on insurers and brokers to offer more value, DynaRisk is well-positioned to lead with embedded intelligence and risk management services. We’re excited to support Andrew and his team as they expand globally.”
The funding is expected to support DynaRisk’s plans to scale its footprint internationally and further enhance its suite of cyber protection and intelligence products.