MMA Launches Cyber Insurance Solution with Stoïk, Leading French AssurTech for Cyber Risk Protection

MMA, one of France’s leading mutual insurance groups, has partnered with cyber insurtech Stoïk to launch a comprehensive cyber insurance solution tailored for small and medium-sized enterprises (SMEs) and mid-cap companies (ETIs). The collaboration, announced in April 2026, aims to address a significant gap in cyber risk coverage among French businesses, where less than 5% of SMEs currently hold cyber insurance despite rising threat levels. By combining Stoïk’s specialized cyber risk technology with MMA’s extensive network of 1,600 general insurance agents across France, the initiative seeks to make cyber protection more accessible, understandable, and actionable for businesses that have traditionally been underserved in this domain.

The partnership becomes operational from May 2026, with MMA’s general agents receiving dedicated digital tools, enhanced training, and direct access to Stoïk’s cybersecurity specialists to support client consultations and policy underwriting. This structure leverages MMA’s local presence and Stoïk’s technological expertise to deliver an integrated offering that includes cyber insurance coverage, preventive tools, continuous threat detection, and 24/7 incident response managed by in-house experts. Jules Veyrat, CEO and co-founder of Stoïk, emphasized that cyberattacks are no longer a distant threat but a daily reality for SMEs and ETIs, underscoring the urgency of the initiative.

According to the LUCY 2025 study by AMRAE, fewer than 5% of French SMEs are currently insured against cyber risks, highlighting a critical vulnerability in the business landscape. However, the same study notes a 33% year-on-year increase in cyber insurance subscriptions among SMEs in 2024, indicating growing awareness but still insufficient adoption. Franck Le Vallois, CEO of MMA, stated that the alliance’s goal is to render cybersecurity accessible, comprehensible, and actionable for all SMEs and ETIs, particularly those lacking internal expertise or resources to manage digital threats effectively.

The solution is designed to be simple and turnkey, reducing barriers to entry for businesses that may perceive cyber insurance as complex or unnecessary. Stoïk, founded in 2021, has rapidly emerged as a reference player in European cyber insurance, known for its technology-driven approach to risk assessment and incident response. MMA’s involvement brings scale and trust through its established relationships with local agents who serve as trusted advisors to businesses nationwide.

Industry analysts note that SMEs and ETIs are increasingly targeted by cybercriminals due to often weaker defenses compared to larger corporations, making them vulnerable to ransomware, data breaches, and operational disruption. The financial and reputational costs of such incidents can be severe, particularly for smaller firms with limited resilience. By offering a bundled solution that includes both protection and response capabilities, MMA and Stoïk aim to shift the paradigm from reactive to proactive cyber risk management.

The initiative reflects a broader trend in the insurance sector toward embedding prevention and real-time monitoring within traditional policies, especially for emerging risks like cyber threats. Insurtechs like Stoïk are playing a growing role in enabling established insurers to innovate quickly and meet evolving customer needs. For MMA, this partnership represents a strategic expansion of its commercial insurance portfolio into a high-growth area driven by regulatory pressure, digital transformation, and rising claim frequencies.

As of April 2026, no public financial details regarding the investment or revenue-sharing structure of the MMA-Stoïk alliance have been disclosed. Both companies have framed the collaboration as a mission-driven effort to close the cyber protection gap in the French business sector. Updates on the rollout, including agent training milestones and early adoption metrics, are expected to be shared by MMA and Stoïk through official channels in the coming months.

Business owners and risk managers seeking information on cyber insurance options are encouraged to consult their local MMA general agent or visit the official websites of MMA and Stoïk for verified details on coverage terms, eligibility, and enrollment procedures. The partnership underscores the importance of accessible, expert-backed solutions in building national cyber resilience at the business level.

Stay informed about developments in commercial insurance and cyber risk management by following updates from regulatory bodies such as the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and industry associations like France Assureurs. For ongoing coverage of innovations in insurance technology and SME risk solutions, visit World Today Journal’s Business section.