A new tech insurance is launching in the cyber insurance market. Dattak, founded in December 2021 by Benoît Grouchko (founder of the data marketing platform Teemo) and Charlotte Couallier (ex-Leocare and Axa France), announced on Tuesday, June 21, a fundraiser of 7 million euros in start-up. At the target start-up les TPE-PME, it proposes through the court an insurance product coupled with a software that identifies security errors. The risk is borne by the insurer Wakam, which specializes in blanche brand insurance solutions.
simplified subscription course
This round table is led by Xange, followed by business angels, including Matthieu Bébéar (the nephew of the founder of Axa). It will allow Dattak, which employs about 15 people, to recruit more than 10 people this year (commerciaux, ingénieurs et souscripteurs) and continue to develop a product.
The subscription path is completely digital, and does not behave according to the start-up technique without questions, Dattak technology serving itself to assess cyber risk. Its solution also sends alerts in case of detected vulnerability. Coverage includes crisis management, system remission, cybersecurity resolution and damage compensation, and includes loss of operations and civil liability.
very poorly covered SMEs
The stakes for small and medium-sized enterprises are considerable. According to the latest Amrae study, in 2021, less than 1% were covered by the cyber insurance police, a figure down from 2020 (which can be explained by the increase in premiums). However, in 2021, 19% of French SMEs are facing a cyber attack, according to the European Commission.
Dattak is the second French assurtech to launch into the niche of cyber insurance associated with a security solution for SMEs, after Stoïk, which also offers its solutions to brokers from April, after launching for direct sale.