A milestone: Lloyd's backs BreachBits

When we started BreachBits in a garage between shifts, the goal was simple: turn the tide of the cyber war in favor of defenders. We built attacker-grade assessment for that mission — continuous proof of what's exploitable, not another estimate.

Lloyd's Lab didn't invent that technology. It showed us where the insurance market feels the pain — so we could apply what we'd already built to underwriting, not just to security teams.

What we actually did in Lloyd's Lab

Inside Lloyd's Lab (Cohort 13) we worked with leading brokers and carriers at the heart of the world's most sophisticated insurance market. Shoulder to shoulder with underwriters, we learned what the desk needs that a questionnaire and a ratings-style grade don't deliver: evidence of real break-in paths, continuously, in language they can price on.

That wasn't "building BreachBits at Lloyd's." It was listening hard to cyber insurance friction — application theater, soft-signal noise, stale snapshots — and aiming our platform at those problems: Kill the Questionnaire motions, verified outside-in exposure, a score underwriters can trust.

We didn't go to Lloyd's Lab to invent a company. We went to learn how insurers buy risk — and to put proof where paperwork used to sit.

A strategic investment from Lloyd's

Since then, Lloyd's has made a strategic investment in BreachBits. For us it's more than capital — it's a signal that the market sees the same future we do: underwriting built on proof instead of paperwork.

We don't guess cyber risk. We prove it. Now we're proving it alongside the people who price it.

Where we're headed

This is a milestone, not a finish line. The work ahead is the same as it's always been — make attacker-grade insight continuous, affordable, and available to everyone who needs it, from a single applicant to an entire book of business.

More soon.