Squalify, a Munich-based top-down cyber risk quantification platform, has expanded into the U.S. market, onboarding its first American client, Henry Meds, a fast-growing digital healthcare firm located in the Bay Area.
The move marks a significant milestone for Squalify as it seeks to address growing demand among U.S. enterprises for more transparent, financial-based approaches to cybersecurity risk management, according to InsurTech Insights.
The expansion aims to empower organisations to better align cybersecurity efforts with business goals through data-backed decisions and executive-ready reporting.
Founded with support from global cyber reinsurer Munich Re, Squalify enables companies to translate complex cyber threats into financial language that resonates at the board level. Operating across Europe with growing traction, Squalify now targets a broader range of U.S. industries including healthcare, finance, insurance, tech, manufacturing, and automotive.
Squalify’s platform quantifies cyber risks in financial terms, providing security leaders with tools to prioritise investments based on business impact. For Henry Meds, this has translated into a clearer understanding of threat exposure and the ability to communicate effectively with executive stakeholders.
The platform is built on over ten years of cyber loss data and risk modelling. It integrates with existing GRC and ERM tools, and its recent upgrades enhance its utility for U.S. organisations. These include Subsidiary Steering, allowing risk comparison across business units, and Decision Impact Simulations, which show how decisions affect risk levels. A new Board of Management Report converts technical data into accessible insights for senior executives.
These features support cyber teams in defending budgets, demonstrating ROI, and making proactive decisions. By turning cybersecurity into a strategic driver rather than a cost centre, Squalify is helping organisations track risk posture through delta analysis and invest in high-ROI controls.
With its U.S. footprint now established, Squalify is pushing to redefine how companies assess, manage, and report cyber risk. By combining Munich Re’s risk model with transparent financial metrics, Squalify offers a robust, defensible approach that strengthens strategic decision-making at the highest levels.
Henry Meds senior IT & security manager Brian Cook said, “With the Squalify platform, we now have a clear view of which business scenarios could hit us hardest and how our cyber risk posture has shifted over the past 18 months. It’s the first time I’ve been able to show my Executive Board, with confidence, that we’re focused on the right threats and making measurable progress.”
Squalify CEO Asdrúbal Pichardo said, “Every security decision should be treated as a business decision, grounded in facts, not fear. Our U.S. expansion and these latest platform upgrades mark an important step toward helping more organisations bridge the language gap between technical risk and financial reality – so they can protect what matters most, with confidence and clarity.”
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