Press Release: Squalify and KROSE Announce Partnership for Smart Cyber Risk Management

Updated on

November 18, 2025

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3 min read

Munich, November 13, 2025 – Cyber insurance decisions need to be grounded in solid facts. This is exactly what the new partnership between industrial insurance broker KROSE and Munich-based SaaS startup Squalify will provide.

By integrating the Squalify risk quantification platform with KROSE's cyber insurance offerings, clients can tailor their cyber insurance coverage even more precisely to their individual needs.

Smarter Insurance Through Reliable Data

Squalify provides a version of its platform specifically tailored to the insurance market – lean in its data requirements, precise in its findings. This gives KROSE clients easy access to a robust risk profile. This profile serves as a solid basis for planning coverage limits, deductibles, and prevention measures.

"Cyber insurance is not a one-size-fits-all product. It has to match the risk," says Leopold Muhle, Managing Partner at KROSE. "With Squalify, we can advise our clients with even greater precision and design their cyber insurance coverage to meet their specific needs – whether for experienced policyholders or companies exploring cyber policies for the first time."

Creating Clarity

Many companies are unsure if they even need cyber insurance – and if so, what it should look like. There is often a lack of transparency about the actual risk. Decisions are better made based on reliable information, helping companies avoid being under- or over-insured.

This is precisely where the new collaboration comes in. "Cyber risk quantification is the key to modern risk management," says Asdrúbal Pichardo, CEO of Squalify. "Together with KROSE, we are demonstrating how companies can manage risks in a data-based and forward-looking way – beyond checklists and claims statistics."

Good Decisions Need Good Data

Squalify quantifies cyber risk based on company-specific data, proven models, and benchmarks. The foundation is the cyber risk model from the reinsurer Munich Re, which is based on years of expertise and experience. On this basis, Squalify delivers risk analyses that are easy to understand, precise, and economically sound.

With this joint approach, Squalify and KROSE are addressing a gap in the market: threats are becoming more complex, and insurance today must be tailored more precisely than ever to the individual risk profile. By integrating quantitative risk analyses into the insurance process, both companies are sending a clear signal towards data-driven decisions.

Squalify and KROSE are bringing cyber insurance into corporate risk management. Their joint approach makes risks measurable and decisions more informed, ensuring that insurance coverage is effective where companies need it most.

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About Squalify

Squalify is the leading platform for top-down Cyber Risk Quantification (CRQ), transforming complex cyber threats into clear, financial insights that are tailored to the boardroom. Backed by Munich Re, a leading global cyber reinsurer, the Squalify platform provides CISOs, CROs, CFOs, and risk leaders with consistent, defensible assessments of enterprise-wide cyber risk, enabling informed decision-making, smarter investments, and effective governance. Based on proven risk models, the platform helps companies identify high-ROI security parameters, monitor changes in their risk posture, simulate business impacts, and align cybersecurity with business priorities. The Squalify Platform is trusted by leading companies in healthcare, finance, manufacturing, insurance, retail, automotive, and technology. Learn more at www.squalify.io

About KROSE

KROSE GmbH & Co. KG is a leading industrial insurance broker for large companies in Germany, Austria, and Switzerland. Under the motto "Expertise for Experts," KROSE offers customized solutions in property, business interruption, and transport insurance, as well as liability, D&O, and cyber insurance, supplemented by alternative risk transfer concepts. Long-term partnerships, deep technical expertise, and a practical, solution-oriented consulting approach make KROSE a reliable partner for sophisticated insurance solutions. For more information: www.krose.de

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