Overview
CyStellar is a geospatial risk intelligence company that harnesses satellite imagery, Earth Observation (EO) data, weather data, and AI to transform how insurers assess and manage risk. Founded in 2017 by Serdar Uckun and Peter Bunus, the company operates from London, UK with an additional office in Linköping, Sweden.
The company's cloud-based SaaS platform, CyStellar TerraRisk Re, delivers real-time, location-specific risk insights that traditional ground-based data cannot provide. By combining multi-source satellite imagery with AI-driven analytics, CyStellar enables property and casualty insurers, reinsurers, and Lloyd's syndicates to assess natural catastrophe exposure, monitor environmental hazards, estimate post-event losses, and accelerate claims processing.
CyStellar has earned recognition from leading space and insurtech programs, including Lloyd's Lab, the ESA Business Incubation Centre, Startupbootcamp InsurTech, and Plug and Play Insurtech. The company reported USD 673.6K in revenue for 2024.
Products & Services
CyStellar TerraRisk Re
Cloud-based SaaS platform integrating satellite imagery, weather forecasts, and environmental monitoring for comprehensive insurance risk insights.
Key Features
- Extreme weather risk assessment with AI-driven scoring
- Post-event loss assessment through remote sensing
- Natural catastrophe exposure management and monitoring
- Environmental impact monitoring and ESG reporting support
- Multi-layered risk scoring for underwriting
Target Users: P&C carriers, reinsurers, Lloyd's syndicates
CyStellar Hazards API
REST API providing property-level risk assessment data for third-party integration into underwriting and risk management workflows.
Key Features
- Property risk scoring at location level
- Hazard exposure data across multiple perils
- Integration-ready for existing policy admin and underwriting systems
Target Users: Carriers, MGAs, underwriting platforms
CyStellar NatCat API
Real-time natural catastrophe data API for quantifying disaster impact as events unfold.
Key Features
- Live event tracking and impact quantification
- NatCat portfolio exposure monitoring
- Early warning and alert capabilities
Target Users: Reinsurers, CAT modelers, portfolio managers
CyStellar Claims API
Satellite-based claims management tool designed to accelerate claims processing and support fraud detection.
Key Features
- Satellite-based damage assessment post-event
- Claims processing acceleration (up to 70% faster reported)
- Fraud detection support through independent satellite evidence
Target Users: Claims teams at P&C carriers and Lloyd's syndicates
At a Glance
- Founded
- 2017
- Headquarters
- London, United Kingdom
- Employees
- 1-10
- Funding
- Seed (USD 2.13M)
Category & Focus
- Category
- Data & Analytics
- Subcategories
- Satellite Intelligence Geospatial Risk NatCat Property Risk
- Insurance Verticals
- P&C Commercial Specialty/E&S Reinsurance
- Target Customers
- Carriers, Reinsurers, MGAs/MGUs
Links
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Last updated: 2026-05-12