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As cyber insurance moves further into the global mainstream, infrastructure is becoming as critical as underwriting. Today, London-based cyber risk management firm DynaRisk announced a $4.7 million funding round led by YFM Equity Partners, aiming to meet this demand with expanded operations and product development across EMEA, North America, and Asia-Pacific.
Founded in 2016 by former banking cybersecurity specialist Andrew Martin, DynaRisk built its platform around a simple but under-addressed question: how can cybersecurity tools used by major institutions be made accessible to individuals, families, and small businesses? The firm’s answer was to design software that insurers, brokers, and managing general agents (MGAs) could embed directly into their offerings.
This latest investment reflects the widening interest in cyber risk platforms as core insurance infrastructure, particularly as insurers compete not just on coverage but on digital risk services.
Insurance Meets Infrastructure
DynaRisk works with more than 25 insurance partners globally, including firms like Chubb, SCOR, Beazley, and Arthur J. Gallagher. Its SaaS platform provides vulnerability scanning, dark web monitoring, cybersecurity scores, training, and real-time remediation support — features now considered essential for both underwriting decisions and client retention.
The company claims to support 2.4 million individual policyholders and 800,000 SMEs through its embedded tools. While these features were once considered add-ons, today they serve as strategic tools for brokers and underwriters. The goal is twofold: help prevent cyberattacks and reduce claims losses.
For insurers, DynaRisk’s solutions offer more than protection — they support pricing accuracy, claims efficiency, and brand trust. This is especially relevant as demand for cyber insurance has outpaced standard risk modeling, leading to calls for better, real-time data on policyholder exposure. With threats escalating in both volume and sophistication, a growing number of MGAs and brokers are looking for services that go beyond policy issuance.
A Sector in Transition
Cyber insurance is no longer just about coverage. It is increasingly tied to ongoing digital risk management, where providers are expected to offer tools that prevent incidents — not just pay for them after the fact.
The move toward embedded cybersecurity capabilities is being driven by both risk and regulation. Insurers operating in multiple jurisdictions must balance rising digital exposure with growing oversight on data protection and service quality. That’s forcing a shift toward vendors and platforms that can offer technical depth, scalability, and integration support across different markets.
The appeal of DynaRisk lies in its alignment with that shift. Its platform is built to be embedded and updated frequently — giving insurers flexibility to meet emerging threats without building custom tools from scratch.
Global Reach, Local Pressure
The funding from YFM Equity Partners comes at a moment when cyber underwriting is being tested across global markets. In regions like the U.K., cyber cover is facing regulatory scrutiny. In the U.S., small and mid-sized businesses are demanding more proactive support. In parts of Asia-Pacific, underinsurance is colliding with fast-growing exposure to ransomware and fraud.
DynaRisk’s expansion into these markets suggests a broader trend: the convergence of risk data, software, and insurance distribution. Firms that can bring credible threat intelligence and operational tooling into the insurance stack are finding themselves in high demand — not just as vendors, but as enablers of new policy models.
In parallel with the funding, Phil Zeidler, a serial InsurTech founder, joins the company’s board. His appointment hints at an intent to build out commercial capacity — not only for product but for reach, partnerships, and possibly even acquisition pathways.
The Fintech Context
While DynaRisk operates within the insurance space, its approach is highly relevant to the fintech sector. The company’s threat intelligence platform serves not just policyholders but the underlying economics of digital risk. As more fintech products connect to financial data, identity systems, and third-party APIs, cyber exposure becomes a shared liability — one that insurers and fintech operators increasingly need to co-manage.
