CyberCube, the provider of cyber risk analytics for the insurance industry, is pleased to announce its expansion across Asia with a recent partnership in the Philippines. The Insurtech firm said it has signed a deal for its Broking Manager solution with Lacson & Lacson Insurance Brokers, Inc., which is an independent brokerage.
By leveraging CyberCube’s Broking Manager, the Lacson & Lacson team will be able to deliver data-driven insights, and demonstrate “the financial impact of cyber threats.” The partnership empowers Lacson & Lacson to “establish itself as a cyber risk expert in a rapidly evolving market.”
Lacson & Lacson is a member of the Worldwide Broker Network. WBN is the integrated network of property and casualty brokers and employee benefits consultants with more than 150 members.
Broking Manager is CyberCube’s analytics platform designed “for insurance intermediaries.” It enables brokers to communicate cyber risk to clients effectively and illustrates “the financial exposure and benchmarking details needed to substantiate cyber insurance recommendations.”
This partnership with Lacson & Lacson reinforces CyberCube’s footprint across Asian markets, underscoring its commitment to supporting the region’s insurance markets.
As covered, CyberCube is the provider of software-as-a-service cyber risk analytics to “quantify cyber risk in financial terms.” CyberCube leverages data, analytics, artificial intelligence, and human resources in order “to serve insurance institutions.”
The CyberCube platform was established in 2015 within Symantec and has operated as “a standalone company since 2018.”
With offices in San Francisco, New York, Chicago, London, and Tallinn, Estonia, the team is committed to “helping organizations and society build resilience to cyber risk.”
Lacson & Lacson Insurance Brokers (LLIBI) is described as being a long-established all lines independent insurance brokerage firm in the Philippines, committed to providing “comprehensive, personalized insurance and corporate risk management solutions.”
As a key industry player and a member of the Worldwide Broker Network (WBN), LLIBI leverages its expertise and connections to arrange coverage for a diverse clientele. Headquartered in Manila, it has additional offices in Cebu and Bacolod City and is composed of more than 160 professionals.