The latest news from COGITANDA, who are pleased to announce that it now provides insurance coverage to companies with annual revenues of up to 250 million euros in Germany and Austria. Here’s the word;
Previously, COGITANDA’s offerings were tailored to businesses with turnover of up to 100 million euros annually. The new customer segment will benefit from a policy limit of up to 7.5 million euros for cyber damages.
For this extended offering, COGITANDA has partnered with two additional leaders in the insurance sector to bolster its capacity: Everest Insurance®, a leading world-class insurer in key global markets, and the leading specialty (re)insurer Lloyd’s Syndicate IQUW. Both Everest Insurance®, an experienced market player for over 50 years, and the esteemed global specialty insurer IQUW, show an impressive S&P Rating of A+.
Nothing will change for the German and Austrian customer segment with turnovers up to 100 million euros. As before the insurance coverage for this customer segment will continue to be provided by the three strong German insurance groups Württembergische, SV Sparkassenversicherung, and Versicherungskammer Bayern.
Jens Lison, CEO of COGITANDA Dataprotect AG, is delighted that COGITANDA has successfully partnered with Everest and IQUW, two well established international insurers, to support its business model.
“It’s a significant win for us and our clients to now count Everest and IQUW among our key capacity providers. Together, we will continue COGITANDA’s successful expansion across Europe. Through these partnerships, we do not only broaden our offering, but also make our services accessible to a wider customer base. Looking ahead, we are committed to further strengthening our leading position in the cyber-risk sector and expanding our insurance portfolio nationally and internationally through strong partnerships. COGITANDA will continue its path for profitable growth,” states Jens Lison.
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