After being selected last April to participate

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Coinnect's choice therefore makes even more significant recognition of the innovation of the cyber insurtech solutions offered by the company to SMEs, a rapidly expanding market as it is largely under-insured. Precisely small and medium-sized enterprises, according to the ransomware Intelligence Global Report 2023 presented by Coinnect last February, are in fact the most targeted by attacks. ransomware : In both 2022 and 2021, the majority of attacks targeted organizations with fewer than 1,000 employees, with approximately 60% of targeted companies having fewer than 250 employees. Also taking into account turnover, companies with consolidated revenues between 1 and 50 million represented almost 60% of attacks in both 2022 and 2021.

in the prestigious Batch 10 Plug & Play Insurtech Innovation Program, among more malaysia rcs data than 500 start-ups from around the world, participation in the NXT: Commercial Innovation Program therefore represents a new important opportunity for Coinnect to collaborate with other relevant organizations to further position ourselves as a reference player globally and in the cyber insurtech sector.

“Participating in the NXT: Commercial Innovation Program represents further and prestigious recognition of our leading role in the cyber insurtech sector,” said Massimiliano Rizzo, co-founder and CEO of Coinnect. “We are excited to collaborate with other selected organizations and partners of the InsurTech Hub Munich as we are convinced that dialogue, cooperation and exchange of ideas between key players in the European and international insurance ecosystem can be a key key to growth and bring about further innovation.”