cyan AG signs contract for cybersecurity solutions with Seguros Equinoccial

DGAP-News: cyan AG / Key word(s): Alliance
15.04.2021 / 08:30
The issuer is solely responsible for the content of this announcement.

cyan AG signs contract for cybersecurity solutions with Seguros Equinoccial

Munich, April 15, 2021 – cyan AG and Seguros Equinoccial, the leading insurance company in Ecuador, have entered a partnership. In the process, cyan’s security solutions are to be integrated into Seguros Equinoccial’s product range. The partnership is aimed at endpoint security, i.e., the protection of various end devices against threats from the Internet.

Esteban Vela, Commercial Manager, Seguros Equinoccial: “Our vision is to be the leading insurance company in Ecuador and therefore we are very proud about the partnership with cyan. Together we can set trends in the industry and push our digital offering forward.”

Frank von Seth, CEO of cyan AG: “We are pleased to have won Seguros Equinoccial, an important insurer in Ecuador, as a partner. The very positive cooperation has made it clear that the insurance industry is a future market for cyan. Together, we can now offer complete cyber security solutions to policyholders to make their digital lives more carefree. We thank Seguros Equinoccial for their trust and look forward to a long-term and successful cooperation.”

About Seguros Equinoccial

Seguros Equinoccial was founded in 1973 and is present in the main cities of the country such as Quito, Guayaquil, Cuenca, Manta, Ibarra, Ambato, Machala and Loja. The company is the leading insurance company in Ecuador, according to figures from the Superintendence of Banks and Insurance.

About cyan
cyan AG (XETR: CYR) is a leading, globally active provider of intelligent IT security solutions and telecom services with more than 15 years of experience in the IT industry. The main business areas of the company are cybersecurity solutions for end customers of mobile and fixed network internet service providers (MNO), virtual mobile network operators (MVNO) as well as financial service providers. cyan’s solutions are integrated into the business partner’s infrastructure and then offered to their end customers (“B2B2C”) under their name (“white-labeled”).

Today, the group of companies has more than 50 international customers, through which cyan products are sold to approximately 50 million end customers. cyan can offer products along the entire value chain from platform, data optimization to cyber security. In addition, cyan operates its own Research & Development Centre with the aim of identifying trends in the industry at an early stage and developing optimal product solutions. In December 2018, cyan was able to win a global group contract with Orange in an international tendering process. cyan’s cooperation partners include the world’s leading insurance broker Aon or Magenta Telekom.

Further information is available at


cyan AG Investor Contact:
cyan AG
Tel. +49 89 71042 2073

cyan AG Press Contact:
Better Orange IR & HV AG
Tel. +49 89 88 96 906 17

Seguros Equinoccial Press Contact:
Seguros Equinoccial

15.04.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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