Protos Labs, founded in 2021 and headquartered in Singapore, stands out in the cyber insurtech domain by offering a comprehensive suite of services that seamlessly integrate cyber risk analytics, advisory, and insurance. Their commitment to providing businesses with enhanced clarity, control, and coverage is encapsulated in their slogan: “Holistic Cyber Protection for Businesses with Risk Analytics & Insurance”.
At the core of their service is their Nexus cyber risk analytics platform, which uses a proprietary risk quantification method to give organizations unparalleled insight into cyber risks. These insights are further complemented by cyber risk advisory services led by a team of accredited cybersecurity specialists. Their insurance arm, Protos Cover, offers robust first-party and third-party coverage thanks to backing from MSIG, covering crucial areas such as ransomware, business interruption, and regulatory penalties.
The company recently secured a Seed Round investment on 29 August 2024 from A2D Ventures, positioning it for growth and expansion in the cyber security industry.