Sometimes innovation isn’t just about technology—it’s about timing, proof, and validation. For Cyberwrite, a Tel Aviv– and New York–based cybersecurity and InsurTech company, that moment came in Seoul this October. From a field of more than 360 global contenders spanning AI, cybersecurity, IoT, and fintech, Cyberwrite not only won the Samsung Financial C-Lab Outside 2025 Global Innovation Competition but also claimed the Popular Vote Award at the final ceremony. The dual recognition from Samsung’s global innovation program underscores both technical excellence and genuine market resonance—a rare combination in the cybersecurity space.
Cyberwrite’s triumph comes from a deeply focused niche: AI-driven cyber risk quantification. The company’s platform predicts the financial impact of cyberattacks for more than 300 million businesses worldwide, from small firms to multinational conglomerates. Its models allow insurers, brokers, and reinsurers to assess exposures, quantify potential damages in real time, and make underwriting decisions grounded in hard data rather than guesswork. This precision is especially prized in an era where cyber insurance underwriting still feels, to many, like a mix of art and risk management voodoo. Cyberwrite’s ability to assign localized, real-time monetary values to risk transforms that process into something verifiable, scalable, and—crucially—insurable.
Over a six-month evaluation period, Samsung Fire & Marine Insurance tested Cyberwrite’s predictive models on real-world data, examining how well the system could simulate and forecast cyber damages. The results were strong enough not only to impress Samsung’s senior management but to influence the company’s broader thinking about underwriting modernization. “By combining Cyberwrite’s artificial intelligence and advanced cyber intelligence, we can address one of the most complex challenges in modern insurance: quantifying cyber risk in financial terms,” said Dong-Joo Lee of Samsung Fire & Marine. That kind of endorsement from an Asian insurance heavyweight doesn’t just validate Cyberwrite’s model—it signals a broader market appetite for AI-enhanced risk analytics across Asia.
For Cyberwrite’s founder and CEO, Nir Perry, the award feels like both a culmination and a beginning. “Winning Samsung’s Financial C-Lab Outside 2025 competition is a tremendous honor,” he said, “and receiving the popular vote in Seoul on top of that was truly a humbling experience.” His remarks highlight how the company sees its future: not merely as a technology vendor, but as a collaborative partner for major global insurers, especially as they confront the new frontier of cyber catastrophe modeling. Perry’s emphasis on combining real-time data collection with machine learning analytics captures why the firm is standing out: its platform doesn’t just describe risk—it quantifies it in terms that executives and actuaries both understand.
Cyberwrite’s next milestone will arrive on a much larger stage: CES 2026 in Las Vegas, where Samsung Electronics and Samsung Financial C-Lab will jointly showcase a collection of cutting-edge technologies in AI, IoT, robotics, cybersecurity, and digital health. For a cybersecurity startup, that’s about as close to mainstream validation as it gets. Amid the flashy prototypes and self-driving gadgets of CES, a platform that translates cyber threats into dollar figures could be the quiet game-changer—the bridge between abstract AI risk and tangible business impact.
Industry observers have long noted that the cyber insurance market, still relatively young, is poised for explosive growth. According to Howden, global premiums could reach $43–50 billion by 2030, driven by data-driven underwriting and expansion into European and Asian markets. Cyberwrite’s win positions it precisely at that inflection point, where technology meets regulatory need and actuarial discipline. Its leadership team, including Chief Data Scientist Rami Parient, Head of Catastrophe Modeling Dr. Marco Lo Giudice, Head of Research Uri Fleyder-Kotler, and Group President Hartmut Mai, gives the company deep credibility across both tech and insurance sectors.
For competitors like Kovrr, CyberCube, and even larger players dabbling in cyber analytics, Cyberwrite’s recognition by Samsung might sting a bit—it elevates the company from niche InsurTech to a global benchmark for AI-driven risk modeling. The message from Seoul is clear: quantifying cyber risk is no longer a theoretical exercise; it’s a critical business necessity, and the companies that can do it in real time will define the next decade of insurance innovation.
Somewhere between AI and actuarial science, Cyberwrite has found its moment—and, judging by its trajectory, this is only the beginning of a much bigger story.