Record growth for the first half of the year reflects strong demand for Bitsight’s correlated cyber risk data and new product innovations with Moody’s Insurance Solutions
BOSTON – Oct 9, 2025 – Bitsight, the global leader in cyber risk intelligence, today announced record 30% growth in its insurance business for the first half of its fiscal year.1 This growth milestone was fueled by Bitsight’s expanded partnership with Moody’s, new insurance datasets and product features, as well as growing customer relationships with new and existing carrier and broker partners.
Through its deepening collaboration with Moody’s RMS—including the integration of Bitsight Cloud Dispersion Analytics into Cyber Solutions v9 and involvement as a founding member of the Moody’s RMS Cyber Insurance Steering Group (CISG)—Bitsight is helping Moody’s advance the industry’s understanding of cyber risk and support sustainable market growth.
Bitsight’s involvement in the CISG has been instrumental in directly shaping the company’s insurance data strategy to the real-world, evolving needs of (re)insurers and brokers, while informing the integration of its data into Moody’s RMS Cyber Solutions. The direct collaboration between Moody’s and Bitsight has delivered the market’s first end-to-end offering, spanning underwriting, portfolio optimization, and systemic exposure management, designed to help the industry better measure, price, and manage cyber risk.
“Cyber risk is now a defining factor in global financial markets, and insurers need comprehensive, actionable intelligence to manage it effectively,” said Dan Flemington, Managing Director of Insurance Sales at Moody’s. “Our partnership and investment in Bitsight deliver correlated data that strengthens underwriting decisions and deepens market confidence in the cyber models Moody’s is offering its customers in the face of an escalating threat landscape.”
Independent validation underscores the strength of Bitsight’s dataset. Gallagher Re found that by adding Bitsight’s external scanning insights to existing underwriting methods, insurers can identify companies disproportionately at risk of a claim up to 40% more accurately. Meanwhile, Marsh McLennan confirmed statistically significant correlations between Bitsight Security Ratings, 13 risk vectors, and the likelihood of cybersecurity incidents.
“In today’s cyber risk landscape, insurers need the highest-quality signals to assess and price risk,” said Michael Hoffman, VP of Insurance and Partnerships at Bitsight. “Our H1 growth shows the industry’s trust in Bitsight to deliver unmatched cyber intelligence. Our data, product and partner investments provide a highly differentiated approach that helps insurers reduce loss ratios, manage systemic risk, and grow profitably.”
In addition to Bitsight’s product initiatives with Moody’s, building on its market leadership, it has introduced several new insurance capabilities and partnerships, including:
- New privacy assessments developed in partnership with Lokker
- Expanded cyber threat intelligence portfolio, delivering an unmatched view of how attack surface exposures are being targeted by threat actors
Bitsight was further recognized as the Cyber Technology Provider of the Year by Zywave at their June 2025 Cyber Risk Awards.
To learn more about Bitsight insurance solutions visit: https://www.bitsight.com/industries/insurance.
About Bitsight
Bitsight is the global leader in cyber risk intelligence, leveraging advanced AI to empower organizations with precise insights derived from the industry’s most extensive external cybersecurity dataset. With more than 3,500 customers and over 65,000 organizations active on its platform, Bitsight delivers real-time visibility into cyber risk and threat exposure, enabling teams to rapidly identify vulnerabilities, detect emerging threats, prioritize remediation, and mitigate risks across their extended attack surface.
Bitsight proactively uncovers security gaps across infrastructure, cloud environments, digital identities, and third- and fourth-party ecosystems. From security operations and governance teams to executive boardrooms, Bitsight provides the unified intelligence backbone required to confidently manage cyber risk and address exposures before they impact performance.
For more information, visit bitsight.com, read our blog, or connect with us on LinkedIn.
About Moody’s
In a world shaped by increasingly interconnected risks, Moody’s data, insights, and innovative technologies help customers develop a holistic view of their world and unlock opportunities.
Moody’s shapes the world’s view of risk for insurers, reinsurers, financial services organisations, and the public sector, with Moody’s RMS models underlying the nearly US$2 trillion Property & Casualty industry. We empower organisations to evaluate and manage global risk from natural and man-made catastrophes, including hurricanes, earthquakes, floods, climate change, cyber, and pandemics.
Visit Insurance Solutions at Moody’s to learn more and follow us on LinkedIn.
1 * H1 FY2026 refers to Feb 1, 2025 - July 31, 2025