Summary:Dattak: Difference between revisions

|1 = {{#if:{{{bullet|}}}|* }}France-domiciled cyber [[Definition:Insurtech |insurtech]] [[Definition:Wholesale broker |wholesale broker]], SME-to-mid-market, €18M venture-backed, bundled prevention and [[Definition:Incident response |incident response]]

|2 = {{#if:{{{bullet|}}}|* }}Dattak is a Paris-based cyber [[Definition:Insurtech |insurtech]] [[Definition:Wholesale broker |wholesale broker]] distributing through brokers across France, Luxembourg, and Belgium, backed by €18M in [[Definition:Venture capital |venture funding]], combining [[Definition:Delegated underwriting authority |delegated underwriting]] capacity from seven [[Definition:Insurance carrier |carriers]] and [[Definition:Reinsurer |reinsurers]] with an integrated [[Definition:Computer emergency response team (CERT) |CERT]] and cybersecurity prevention platform.

|3 = {{#if:{{{bullet|}}}|* }}🏢 '''Dattak''' is a French cyber-focused [[Definition:Insurtech |insurtech]] [[Definition:Wholesale broker |wholesale broker]] (Société par Actions Simplifiée) founded in December 2021 and headquartered in Paris. The company distributes [[Definition:Cyber insurance |cyber insurance]] and [[Definition:Professional liability insurance |professional liability]] products exclusively through a partner [[Definition:Broker network |broker network]] using a digital quoting platform, with [[Definition:Delegated underwriting authority |delegated capacity]] from [[Definition:Wakam |Wakam]], [[Definition:Sompo |Sompo]], [[Definition:SCOR |SCOR]], [[Definition:Hannover Re |Hannover Re]], [[Definition:Chaucer |Chaucer]], [[Definition:Hamilton Insurance Group |Hamilton]], and [[Definition:Envelop Risk |Envelop Risk]]. Backed by €18M in [[Definition:Venture capital |venture funding]] from [[Definition:XAnge |XAnge]], [[Definition:Breega |Breega]], and [[Definition:Bpifrance |Bpifrance]], Dattak differentiates through an embedded [[Definition:Computer emergency response team (CERT) |CERT]] [[Definition:Incident response |incident response]] function, a proprietary cybersecurity prevention platform exclusive to insureds, and progressive capacity scaling from SMEs to companies with up to €2bn in revenue.

|4 = {{#if:{{{bullet|}}}|* }}🏢 '''Dattak''' is a French cyber-focused [[Definition:Insurtech |insurtech]] [[Definition:Wholesale broker |wholesale broker]] founded in December 2021 and headquartered in Paris, registered with [[Definition:ORIAS |ORIAS]] as a [[Definition:Insurance broker |courtier]] under [[Definition:Autorité de Contrôle Prudentiel et de Résolution (ACPR) |ACPR]] supervision. The company raised €18M in [[Definition:Venture capital |venture funding]] across a €7M [[Definition:Seed funding |seed round]] in June 2022 led by [[Definition:XAnge |XAnge]] and an €11M [[Definition:Series A funding |Series A]] in August 2023 with [[Definition:Breega |Breega]] and [[Definition:Bpifrance |Bpifrance]], and distributes [[Definition:Cyber insurance |cyber insurance]] exclusively through a [[Definition:Broker network |broker network]] supported by a fully digital quoting and binding platform. Co-founded by Charlotte Couallier (CEO), Damien Damamme (CTO), and Benoît Grouchko, Dattak reported approximately 1,000 [[Definition:Policyholder |policyholders]] and €10M in [[Definition:Premium |premiums]] placed in 2024, with a target of €22M by end-2025.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🛡️ '''Products and services.''' Dattak's core cyber insurance covers malicious intrusion, human error, [[Definition:Ransomware |ransomware]], [[Definition:Business interruption insurance |business interruption]], [[Definition:IT outage coverage |IT outages]] (including provider failures), and [[Definition:Social engineering fraud |social engineering fraud]], supported by an internal 24/7 [[Definition:Computer emergency response team (CERT) |CERT]] with under-two-minute average intervention time and no [[Definition:Deductible |deductible]] on [[Definition:Incident response |incident response]]. The firm expanded into [[Definition:Professional liability insurance |professional liability]] with a combined Cyber + RC Pro contract offering mutualized ceilings up to €10M for RC Pro and €5M for cyber, and markets a bundled [[Definition:Managed detection and response (MDR) |MDR]] offering ([[Definition:Endpoint detection and response (EDR) |EDR]] plus managed [[Definition:Security operations center (SOC) |SOC]]) that claims 30 percent average premium reductions for participating insureds. A proprietary prevention suite branded Dattak Défense provides [[Definition:Attack surface |attack surface]] scanning, [[Definition:Phishing |phishing]] simulation, advanced audits, and [[Definition:Penetration testing |penetration testing]] exclusively to insureds.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📈 '''Capacity and expansion.''' Dattak's [[Definition:Insurance carrier |carrier]] and reinsurer panel includes [[Definition:Wakam |Wakam]], [[Definition:Sompo |Sompo]], [[Definition:SCOR |SCOR]], [[Definition:Hannover Re |Hannover Re]], [[Definition:Chaucer |Chaucer]], [[Definition:Hamilton Insurance Group |Hamilton]], and [[Definition:Envelop Risk |Envelop Risk]], with [[Definition:Underwriting capacity |per-risk capacity]] growing from €2M in mid-2023 to €5M by early 2024 and client revenue ceilings expanding progressively to €2bn. Geographic expansion beyond France includes Luxembourg and Belgium, with EEA [[Definition:Cross-border insurance |cross-border]] notification evidence and a named BeLux expansion lead. Key risk factors center on capacity renewal dependency, [[Definition:Systemic cyber risk |systemic cyber event]] [[Definition:Aggregation risk |aggregation exposure]], ransomware governance transparency, and execution risk in both geographic and product-line expansion.

|5 = {{#if:{{{bullet|}}}|* }}🏢 '''Dattak''' is a French cyber-focused [[Definition:Insurtech |insurtech]] [[Definition:Wholesale broker |wholesale broker]] (Société par Actions Simplifiée, SIREN 907 857 817) founded on 1 December 2021 and registered with the Paris trade and companies register. Headquartered at 65 Boulevard Lannes, 75016 Paris, the company holds [[Definition:ORIAS |ORIAS]] registration No. 22002872 as a [[Definition:Insurance broker |courtier]] grossiste in commercial [[Definition:Property and casualty insurance |property and casualty insurance]] under the supervision of the [[Definition:Autorité de Contrôle Prudentiel et de Résolution (ACPR) |Autorité de Contrôle Prudentiel et de Résolution]] (ACPR). A subsidiary, Dattak Technologies (incorporated 2025), houses the [[Definition:Computer emergency response team (CERT) |CERT]]-DATTAK [[Definition:Incident response |incident response]] function.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}👩‍💼 '''Leadership.''' Co-founded by Charlotte Couallier (CEO, Télécom Paris graduate, former [[Definition:AXA |AXA]] France partnerships director), Damien Damamme (CTO, formerly [[Definition:Allianz |Allianz]] lab distribution), and Benoît Grouchko (serial entrepreneur, founder of Teemo sold to Near in 2020), Dattak's leadership includes Alexia Morot as Head of Cyber Insurance and board-level participation from Matthieu Bébéar (ex-AXA Chief Business Officer) and Alexis du Peloux. Augustin Brunelle leads the BeLux geographic expansion effort.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}💰 '''Funding.''' Dattak raised a cumulative €18M in [[Definition:Venture capital |venture capital]]: a €7M [[Definition:Seed funding |seed round]] in June 2022 led by [[Definition:XAnge |XAnge]] with business angels including Bébéar, followed by an €11M [[Definition:Series A funding |Series A]] in August 2023 with XAnge, [[Definition:Breega |Breega]], and [[Definition:Bpifrance |Bpifrance]]. The investor base combines early-stage venture and state-backed capital with no disclosed insurer corporate venture fund participation.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🔄 '''Business model.''' Dattak operates as a cyber-focused intermediary combining delegated placement through a [[Definition:Broker network |broker network]] with bundled cybersecurity services and incident response. Distribution is exclusively broker-mediated via an online platform enabling quoting in approximately one minute through a fully digital process. The firm's client segmentation has expanded from micro and small enterprises at launch to companies with up to €2bn in revenue, with [[Definition:Underwriting capacity |per-risk capacity]] growing from €2M to €5M per company.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🛡️ '''Cyber insurance.''' The core cyber product covers malicious intrusion, human error, [[Definition:Ransomware |ransomware]] (payment positioned as last resort), [[Definition:Business interruption insurance |business interruption]], [[Definition:IT outage coverage |IT outages]] including provider failures, [[Definition:Social engineering fraud |social engineering fraud]], bricking, [[Definition:Data restoration |data restoration]], [[Definition:Data breach |personal data breach]] notification, and payment card losses. Third-party coverages include cyber and media liability with [[Definition:Defense costs |defense costs]] and [[Definition:Regulatory investigation coverage |regulatory investigation]] and [[Definition:Payment Card Industry Data Security Standard (PCI DSS) |PCI DSS]] breach coverage. The contract was explicitly expanded to address major IT outages and provider failures even absent a malicious attack.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🔍 '''Cybersecurity services.''' Dattak Défense is a proprietary prevention platform marketed as exclusive to insureds, providing continuous [[Definition:Attack surface |attack surface]] scanning (Scan Cyber), advanced cybersecurity audits, [[Definition:Phishing |phishing]] simulation, and [[Definition:Penetration testing |penetration testing]]. An [[Definition:Managed detection and response (MDR) |MDR]] bundle combining [[Definition:Endpoint detection and response (EDR) |EDR]] with a managed [[Definition:Security operations center (SOC) |SOC]] claims average premium reductions of 30 percent and simplified eligibility. The CERT RFC 2350 document describes services including incident forensics, [[Definition:Crisis management |crisis management]], [[Definition:Vulnerability scanning |vulnerability scanning]], [[Definition:Active Directory |Active Directory]] and cloud configuration assessments, and cybersecurity training.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🏛️ '''Capacity and partnerships.''' The [[Definition:Insurance carrier |carrier]] and reinsurer panel comprises [[Definition:Wakam |Wakam]] (initial partner), [[Definition:Sompo |Sompo]], [[Definition:SCOR |SCOR]], [[Definition:Hannover Re |Hannover Re]], [[Definition:Chaucer |Chaucer]], [[Definition:Hamilton Insurance Group |Hamilton]], and [[Definition:Envelop Risk |Envelop Risk]]. Dattak partnered with the Direction générale de l'armement to integrate the DGA cyber maturity framework for the Defense Industrial and Technological Base, impacting an estimated 4,000 French SMEs. Product expansion beyond cyber includes a combined Cyber + RC Pro contract with mutualized ceilings up to €10M for RC Pro and €5M for cyber, simplified underwriting up to €50M revenue, and an optional USA/Canada extension.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📊 '''Scale indicators.''' Dattak reported €10M in [[Definition:Premium |premiums]] placed in 2024 (company-reported) with a €22M target by end-2025, approximately 1,000 [[Definition:Policyholder |policyholders]] as of August 2023 (up from 600+ in June 2023), and 25 employees at the Series A stage. Per-risk capacity reached €5M per company by February 2024. Loss ratio, revenue, net income, and [[Definition:Managing general agent (MGA) |MGA]] [[Definition:Commission |commission rate]] are not publicly disclosed.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}⚠️ '''Risk factors.''' Capacity dependency and renewal risk are central given the [[Definition:Delegated underwriting authority |delegated-authority]] business model, with [[Definition:Binding authority |binding authority]] terms and performance triggers not publicly disclosed. Expansion into larger-company segments and IT outage coverage increases systemic correlation risk, while ransomware payment coverage lacks disclosed governance controls and sanctions screening mechanisms. Geographic expansion to Belgium and Luxembourg introduces [[Definition:Cross-border insurance |cross-border]] execution risk, and the move into [[Definition:Professional liability insurance |professional liability]] changes claim patterns and [[Definition:Tail risk |tail risk]] profiles.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🚀 '''Strategic trajectory.''' Dattak's stated ambition is to build a European leadership position combining [[Definition:Cyber insurance |cyber insurance]] with cybersecurity tooling, scaling through broker distribution with embedded digital services. The roadmap encompasses further expansion into larger client segments, geographic reach across the EEA, and product diversification into professional liability and [[Definition:Financial lines insurance |financial lines]] for the tech and services sector.