New capacity offered to businesses in Germany and Austria –

Latest news from COGITANDA, which is pleased to announce that it now offers insurance coverage to companies with an annual turnover of up to 250 million euros in Germany and Austria. Here is the word;

Previously, COGITANDA’s offers were suitable for companies with an annual turnover of up to 100 million euros. The new customer segment will benefit from an insurance limit of up to 7.5 million euros for cyber damage.

For this extended offering, COGITANDA has partnered with two other leaders in the insurance sector to strengthen its capabilities: Everest Insurance^®, a leading world-class insurer in key global markets, and the leading specialist (re)insurer Lloyd’s Syndicate IQUW. The two Everest insurances^®an experienced market player for over 50 years, and esteemed global specialty insurer IQUW, boast an impressive S&P rating of A+.

For German and Austrian customer segments with a turnover of less than 100 million euros, nothing changes. As in the past, insurance coverage for this customer segment will be provided by the three powerful German insurance groups Württembergische, SV Sparkasseversicherung 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 is a significant victory for us and our customers to now count Everest and IQUW among our main capacity providers. Together we will continue the successful expansion of COGITANDA across Europe. Thanks to these partnerships, we not only expand our offering, but also make our services accessible to a wider clientele. Looking ahead, we are committed to further strengthening our leading position in the cyber risk sector and expanding our insurance portfolio domestically and internationally through strong partnerships. COGITANDA will continue its path towards profitable growth,” says Jens Lison.