PARIS, FRANCE. February 19th, 2025 – Citalid, Europe’s leader in cyber risk quantification, is revolutionising reinsurance modeling by equipping reinsurers with a new cutting-edge risk accumulation solutions service. Citalid aims to close a critical gap in cyber risk assessment and strengthen financial resilience across the insurance ecosystem.
Traditional U.S.-centric models fail to capture Europe’s cyber threat landscape. Citalid changes the game with real-time intelligence, attacker profiling, and advanced risk propagation analytics – offering reinsurers a precise, actionable view of systemic risks.
Recognized as a leader in the industry, Citalid is trusted by over 100 global clients, including 35% of France’s CAC 40 companies. The company has been named in Gartner’s Hype Cycle for Cyber Risk Quantification and Forrester’s Cyber Risk Quantification Landscape.
“Since our founding in 2017, our mission has been to unlock confidence in cyber risk modeling and empower the entire ecosystem,” said Maxime Cartan, Co-Founder & CEO at Citalid.
“Addressing reinsurers marks the completion of this vision – closing the loop and ensuring trust and control across every step of the value chain, from CISOs to insurers and reinsurers.”
Citalid’s models don’t just assess impact – they predict how cyber threats spread across supply chains, networks, and entire business ecosystems. By integrating epidemiological modeling, Citalid provides reinsurers with realistic simulations of catastrophic cyber events, developed in partnership with the Louis Bachelier research institute.
Citalid’s cyber risk platform sets new benchmarks in severity and frequency modeling. Now, with an expanded focus on accumulation risk, Citalid is empowering reinsurers with the insights they need to maintain financial stability.
“We’re seeing strong traction from reinsurance players and are very excited to have signed our first reinsurance client just a few weeks ago,” added Maxime Cartan.
“This milestone validates the demand for a fresh, intelligence-driven approach to cyber risk accumulation and reinforces our commitment to advancing the industry.”
Citalid introduces a European-led, globally relevant solution—integrating regional threat intelligence, regulatory landscapes, and market-specific dynamics and leads the next era of cyber risk management, ensuring reinsurers can mitigate systemic risks with confidence.
For more information, visit citalid.com.
ENDS