CyberCube is pleased to announce a new partnership with St. Andrews Insurance Brokers, a retail brokerage based in Canada, to utilize CyberCube’s Broking Manager.
This partnership will allow St. Andrews to model businesses’ potential cyber losses, allowing them to “protect their clients and win new business.”
Broking Manager is the first software-as-a-service (SaaS) platform purpose-built by CyberCube for the insurance broking community.
It offers a streamlined, efficient approach to analyzing potential financial exposures from cyber events, providing brokers with “actionable insights to support their clients in making informed decisions on coverages and limits.”
Winston Tisdale, Broker Growth Associate at CyberCube, said:
“With this platform, St. Andrews can generate comprehensive reports that quantify coverage and limit recommendations, helping their clients effectively address the growing demand for cyber risk management.”
As noted in the update, 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 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 in 2015 within Symantec and now operates as a standalone company.
Their models are built on an ecosystem of data and “validated by model calibration, internally and externally.”
CyberCube is the firm focused on cyber risk quantification for the insurance industry, serving more than 100 insurance institutions.
The company’s investors include Forgepoint Capital, HSCM Bermuda and Morgan Stanley Tactical Value.
