Cyberwrite partners with Samsung Fire & Marine Insurance

Cyberwrite has partnered with Seoul-based Samsung Fire & Marine Insurance to strengthen the insurer’s cyber insurance capabilities.

The collaboration will focus on strengthening SFMI’s ability to assess the probability and economic impact of cyber attacks across its portfolio and manage catastrophic risk.

Cyberwrite’s solution is powered by its proprietary, patented AI-driven predictive algorithms, designed to predict and quantify how cyber incidents impact organizations of all sizes from SMBs to conglomerates.

“We chose Cyberwrite because it empowers both our sales and underwriting teams with on-demand, real-time intelligence and actionable risk insights that drive smarter decisions and faster responses.” – Dongjoo Lee, Casualty & Specialty Underwriting Team Lead at SFMI.

“SFMI’s decision to engage with Cyberwrite demonstrates that our platform has set a new bar for underwriters, risk managers, and clients who need real-time clarity on emerging cyber threats. Our cyber underwriting AI abilities and next-gen catastrophe modeling platform are already used in over 50 countries and eight languages worldwide and can provide data on over 320 million businesses worldwide in real-time. We are honored to support Samsung’s cyber insurance initiatives with the highest technology innovation and service standards.” – Nir Perry, CEO of Cyberwrite.