Citalid wins Zurich Innovation Championship 2023

Insurance

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Zurich Innovation Championship 2023

Citalid counts among the 13 global winners of the Zurich Innovation Championship 2023 in the Commercial Insurance category. Supported by : Zurich Resilience Solution, France and Switzerland Business Units ; Citalid’s cyber risk quantification technology has echoed the urging need of innovative risk management solutions for business leaders in the insurance industry.

There are two use cases for Citalid’s solution within Zurich Group. As an insurer, Zurich can use Citalid’s solution for its clients and help them reduce their own cyber risk exposure and gain trust in the security investment process. Additionally, Zurich Resilience Solution will be able to use Citalid to quantify and balance Zurich’s overall portfolio cyber risk exposure.

Zurich and Citalid had synergies as some of Zurich’s clients were already clients of the Citalid’s solution. Citalid is the only cybersecurity startup selected by Zurich for 2023’s edition.

« We are proud to be selected by Zurich to join the Zurich Innovation Championship global program and build the future of cyber insurance with the support of a global leader of the industry. This intense and actionable program will enable us to accelerate our go-to-market strategy for the insurance market, in a global environment. In a context where cyber risk generates fear and stress, we are happy to see our vision echoing for Zurich and bringing to life a new risk management approach which will bridge the gap between insurers and their clients by living more confidently with cyber risk. »
Maxime Cartan, co-founder and CEO, Citalid.

Want to know more: visit Linkedin Citalid Page to follow our journey in the ZIC !

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