CyberCube, the provider of cyber risk analytics, is announcing a partnership with Miller, which is one of the an independent specialist (re)insurance broker.
Miller will reportedly be licensing CyberCube’s Broking Manager and Prep Module, tools that are expected to significantly strengthen the broker’s ability to quantify and “help mitigate” cyber risks for its clients across industries.
Miller, established in 1902, is said to have built a reputation as a specialist in the insurance market, delivering insurance solutions for a range of clients.
With a footprint across the UK and international markets, Miller focuses on areas such as “professional risks, energy, marine, property, and construction.”
The partnership with CyberCube will provide Miller’s brokers with the tools and analytics needed to “enhance cyber risk discussions with clients, helping them better understand and manage exposure in an increasingly complex digital landscape.”
This collab marks another important step forward for CyberCube, which has continued to expand its presence.
By leveraging CyberCube’s advanced tools, Miller is set to elevate its cyber risk management offerings, empowering its brokers with analytics to “better protect clients from emerging cyber threats.”
As covered, CyberCube is the provider of software-as-a-service cyber risk analytics to “quantify cyber risk in financial terms.’
Driven by data and informed by insight, they have harnessed the power of artificial intelligence to “supplement their multi-disciplinary team.”
Their clients rely on their solutions to make “informed decisions about managing and transferring cyber risks.”
They aim to unpack complex cyber threats into clear, “actionable strategies, translating cyber risk into financial impact on businesses, markets, and society as a whole.”
The CyberCube platform was established back in 2015 within Symantec and now operates as a standalone company.
Their models are built on an ecosystem of data and validated by “extensive model calibration, internally and externally.”
CyberCube is the enabler of cyber risk quantification for the insurance industry, serving over 100 insurance institutions globally.
The company’s investors reportedly include the following: Forgepoint Capital, HSCM Bermuda and Morgan Stanley Tactical Value.
As noted in the update, Miller are an independent specialist (re)insurance broking firm with more than 900 people across their UK and international operations.
With a client-first approach, they value their relationships and continue to build strong partnerships.
Miller is a Chartered Insurance Broker, the industry’s “standard” for insurance brokers.