An independent observatory: two risks and where they meet

AlgoPolis studies two risks, and its name carries both: algo, for the algorithm and the model, which serve cyber; polis, the Greek city, root of politics and the field of political risk. Where they meet is the central argument of the house: the war exclusion, the attribution of an attack to a State and the sanction that makes a ransom unlawful are political risk written into a cyber contract.

Around that aim, an applied research observatory on insurance and reinsurance: two articles a week, ten operational tools, a bilingual technical glossary of more than 1,000 terms and an Academy whose largest field is political risk. Risks are read the way a reinsurer reads them: systemic, correlated, and more often than not on a non-proportional basis.

Every publication gives its assumptions, parameters and limits. The simulators are reproducible research instruments, not certified pricing engines. Sources are cited and assumption sets documented, so that a result can be rerun and challenged. The work looks first at correlated risk, the kind that hits a thousand insureds on the same day, rather than at risks taken one by one. A measurement outranks an intuition, ours included: when a figure contradicts what we wrote, we correct the text and date the correction.

Research starts from an operational question, not a theme. Primary sources come first: regulatory texts, supervisory reports, market documentation, academic publications. Where data is missing, it is flagged as missing rather than filled in with an implicit estimate. Tools are written alongside the articles, so that the mechanism described in the text can be handled directly.

AlgoPolis is a French non-profit association under the 1901 law, registered as an Observatory on the insurance of emerging, specialty and cyber risk. It is chaired by Paul Bernardski, who serves as its general director and leads strategy, studies and research. The editorial line, the choice of topics and the approval of published work rest with the presidency.

The observatory is organized into thematic departments, whose holders were appointed on 17 July 2026. Each covers one part of the ground the publications address: law and regulation, economics and markets, operations, cyber and artificial intelligence, sustainability and public policy. These appointments are honorary and create neither an employment relationship nor any authority to represent the association.