Summary:Onda

🛡️ Onda is a Lloyd's-backed cyber insurance MGA founded in 2022 and co-founded by Palantir co-founder Joe Lonsdale and cybersecurity executive Paul Calatayud, operating across the UK, France, and the United States. The company distinguishes itself through a technology-first underwriting model powered by its proprietary Navigator platform, which replaces traditional proposal forms with automated cyber risk assessments, and distributes exclusively through brokers on Lloyd's paper (via Canopius, Argenta, and Everest syndicates) in Europe and Crum & Forster surplus lines paper in the US. Onda has raised approximately $10 million from generalist venture investors led by 8VC and remains in early growth phase, with its UK entity CKRe Limited reporting just £2 million in turnover as of December 2023, while facing elevated talent retention risk following the departure of its co-founder and entire French operational leadership team.