Summary:Eye Security: Difference between revisions

|1 = {{#if:{{{bullet|}}}|* }}Netherlands-based integrated cyber risk platform bundling [[Definition:Managed detection and response (MDR) |managed XDR]], [[Definition:Incident response |incident response]], and [[Definition:Cyber insurance |cyber insurance]] for European [[Definition:Mid-market |mid-market]] enterprises

|2 = {{#if:{{{bullet|}}}|* }}Eye Security is a Netherlands-headquartered cybersecurity and [[Definition:Cyber insurance |cyber insurance]] platform that bundles [[Definition:Managed detection and response (MDR) |Managed XDR]], [[Definition:Security Operations Center (SOC) |SOC]], and [[Definition:Incident response |incident response]] with [[Definition:Delegated authority |delegated-authority]] cyber insurance for [[Definition:Mid-market |mid-market]] enterprises across the Netherlands, Belgium, and Germany, backed by EUR 57.5 million in [[Definition:Venture capital |venture funding]] through [[Definition:Series B funding |Series B]].

|3 = {{#if:{{{bullet|}}}|* }}🔒 '''Eye Security''' is a Netherlands-based integrated cyber risk platform, founded in 2020, that bundles managed cybersecurity operations with [[Definition:Delegated authority |delegated-authority]] [[Definition:Cyber insurance |cyber insurance]] for [[Definition:Mid-market |mid-market]] enterprises with annual revenue up to EUR 250 million. The company operates through Eye Underwriting B.V. as an [[Definition:Authority for the Financial Markets (AFM) |AFM]]-[[Definition:Authorized agent |authorized agent]] backed by multiple [[Definition:Insurance carrier |carrier principals]] including Hiscox, Chubb, [[Definition:Lloyd's |Lloyd's Insurance Company S.A.]], and Markel. Eye Security has raised EUR 57.5 million across three funding rounds through [[Definition:Series B funding |Series B]] led by [[Definition:J.P. Morgan |J.P. Morgan Growth Equity Partners]], and serves 650+ customers with 110,000+ [[Definition:Endpoint |endpoints]] under protection across the Netherlands, Belgium, and Germany. Founders Job Kuijpers, Piet Kerkhofs, and Vincent van de Ven bring backgrounds from Dutch national intelligence and security services (AIVD and MIVD).

|4 = {{#if:{{{bullet|}}}|* }}🔒 '''Eye Security''' is a Netherlands-based integrated cyber risk platform, founded in 2020 by intelligence-community veterans Job Kuijpers, Piet Kerkhofs, and Vincent van de Ven. The company bundles [[Definition:Managed detection and response (MDR) |managed XDR]], 24/7 [[Definition:Security Operations Center (SOC) |SOC]] operations, and [[Definition:Incident response |incident response]] with [[Definition:Delegated authority |delegated-authority]] [[Definition:Cyber insurance |cyber insurance]] for [[Definition:Mid-market |mid-market]] enterprises with annual revenue up to EUR 250 million. Insurance activities are structured through Eye Underwriting B.V., an [[Definition:Authority for the Financial Markets (AFM) |AFM]]-[[Definition:Authorized agent |authorized agent]] backed by [[Definition:Insurance carrier |carrier principals]] including Hiscox, Chubb, [[Definition:Lloyd's |Lloyd's Insurance Company S.A.]], and Markel.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}💰 '''Funding and scale.''' Eye Security has raised EUR 57.5 million across three venture rounds culminating in a EUR 36 million [[Definition:Series B funding |Series B]] led by [[Definition:J.P. Morgan |J.P. Morgan Growth Equity Partners]] in March 2024, with participation from [[Definition:Bessemer Venture Partners |Bessemer Venture Partners]] and TIN Capital. The company serves 650+ customers and protects over 110,000 [[Definition:Endpoint |endpoints]], with over 100 professionals across offices in The Hague, Duisburg, and Oostkamp.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🧩 '''Competitive positioning.''' Eye Security occupies a European integrated cyber risk platform niche, combining direct control of [[Definition:Insured |insured]] cybersecurity posture with [[Definition:Multi-carrier program |multi-carrier]] delegated authority and [[Definition:Insurance broker |broker]]-advised insurance distribution. The [[Definition:Underwriting |underwriting]] workflow embeds cybersecurity control attestations and operational commitments such as [[Definition:Multi-factor authentication (MFA) |MFA]], immutable backups, and rapid patching, creating a structured [[Definition:Risk selection |risk selection]] posture. Geographic expansion targets deepening the Netherlands, Germany, and Belgium while [[Definition:Passporting |passporting]] into France, Luxembourg, Austria, and Ireland.

|5 = {{#if:{{{bullet|}}}|* }}🔒 '''Eye Security''' is a Netherlands-based integrated cyber risk platform, founded in 2020, that bundles managed cybersecurity operations and [[Definition:Incident response |incident response]] with [[Definition:Delegated authority |delegated-authority]] [[Definition:Cyber insurance |cyber insurance]]. The company is headquartered in The Hague and operates through a group structure comprising Eye Security B.V. (operating company), Eye Underwriting B.V. ([[Definition:Authorized agent |authorized agent]]), and Eye Insure B.V. ([[Definition:Insurance intermediary |intermediary]]). Founders Job Kuijpers (CEO), Piet Kerkhofs (CTO), and Vincent van de Ven (COO) bring backgrounds from the Dutch General Intelligence and Security Service (AIVD) and Military Intelligence and Security Service (MIVD).{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🏢 '''Regulatory framework.''' Eye Underwriting holds [[Definition:Authority for the Financial Markets (AFM) |AFM]] authorization as a (sub-)authorized agent for business [[Definition:Non-life insurance |non-life insurance]] since 03 May 2022. The AFM register lists outgoing European passports into Belgium, Germany, France, Luxembourg, Austria, and Ireland, enabling cross-border cyber insurance distribution. Eye Security itself is not a licensed insurance carrier; all insurance activity operates through the authorized agent and intermediary entities.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🖥️ '''Product suite.''' The [[Definition:Managed detection and response (MDR) |Managed XDR]] offering delivers a 24/7 [[Definition:Security Operations Center (SOC) |Security Operations Center]] with continuous endpoint and cloud monitoring, integrated incident response, [[Definition:Attack surface management |Attack Surface Management]], the Eye Portal for security metrics visibility, and the Eye Anti-Spoofing Tool (EAST). The company describes a best-of-breed technology integration approach with partners including Microsoft, [[Definition:CrowdStrike |CrowdStrike]], and Google.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📑 '''Insurance product.''' Cyber insurance is offered only in combination with the security solution, targeting organizations with annual revenue up to EUR 250 million across two intake bands (sub-EUR 50 million and EUR 50–250 million). Policy wordings include both a CyberClear by Hiscox configuration and an Eye Underwriting branded form, covering [[Definition:First-party coverage |first-party losses]] ([[Definition:Breach response |breach response]], [[Definition:Cyber extortion |cyber extortion]], [[Definition:Data restoration |data restoration]], [[Definition:Business interruption insurance |business interruption]], [[Definition:Reputation protection coverage |reputation protection]]) and [[Definition:Third-party liability |third-party liabilities]] (privacy, [[Definition:General Data Protection Regulation (GDPR) |GDPR]] investigations, [[Definition:Payment Card Industry Data Security Standard (PCI DSS) |PCI]], [[Definition:Network security liability |network security]]).{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🔐 '''Underwriting controls.''' Application forms embed [[Definition:Cyber hygiene |cyber hygiene]] gating including [[Definition:Multi-factor authentication (MFA) |MFA]] requirements, backup immutability and encryption, patching responsiveness expectations, and segregation of end-of-life systems. The sub-EUR 50 million form requires commitment to act on critical patches within two working days. Insured sums range from EUR 100,000 to EUR 5,000,000 depending on the revenue band.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🏦 '''Capacity providers.''' The AFM register lists four [[Definition:Insurance carrier |carrier principals]]: [[Definition:Hiscox |Hiscox S.A.]] (from May 2022), [[Definition:Lloyd's |Lloyd's Insurance Company S.A.]] (from February 2023), [[Definition:Chubb |Chubb European Group SE]] (from December 2023), and [[Definition:Markel |Markel Insurance SE]] (from June 2024). This [[Definition:Multi-carrier program |multi-carrier]] set reduces single-carrier dependency, although relative capacity shares by carrier are not publicly disclosed.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}💰 '''Funding history.''' Eye Security has raised EUR 57.5 million across three rounds: a EUR 4.5 million seed from TIN Capital in early 2022, a EUR 17 million [[Definition:Series A funding |Series A]] led by [[Definition:Bessemer Venture Partners |Bessemer Venture Partners]] in November 2022, and a EUR 36 million [[Definition:Series B funding |Series B]] led by [[Definition:J.P. Morgan |J.P. Morgan Growth Equity Partners]] in March 2024. Headcount expanded from over 70 employees in late 2022 to over 100 professionals by March 2024.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🤝 '''Distribution and partnerships.''' Insurance is sold via an advised broker channel rather than direct-to-business. Named partners include Wilink (strategic partnership, June 2023), Protection Unit (exclusive partnership for Belgium, France, and Luxembourg, April 2023), and [[Definition:Aon |Aon]] Belgium (referenced in the 2022 insurance launch). The company also operates partner programs for [[Definition:Insurance broker |brokers]], [[Definition:Risk advisor |risk advisors]], and [[Definition:Managed service provider (MSP) |managed service providers]].{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📊 '''Scale and market presence.''' Eye Security serves 650+ customers with 60 partners and five offices as of June 2025, protecting over 110,000 [[Definition:Endpoint |endpoints]]. Operating locations include The Hague (Netherlands), Duisburg (Germany), and Oostkamp (Belgium). Customer verticals span logistics, manufacturing, [[Definition:Healthcare insurance |healthcare]], [[Definition:Financial services |financial services]], and professional services, with named references including Jan de Rijk Logistics and Van der Most Transport.