Cyber analytics firm CyberCube has launched Version 5.0 (v5) of Account Manager, the software-as-a-service (SaaS) solution designed for underwriters, with expanded financial quantification insights and several data enhancements.
Account Manager v5 extends the capabilities of Portfolio Manager, CyberCube’s portfolio modelling product.
This gives clients that licence both solutions the ability to quantify how much any individual account impacts the loss profile of their overall portfolio in seconds, without requiring any additional modelling resources or delay, CyberCube explained.
John Anderson, CyberCube’s Principal Product Manager for Account Manager, said: “Underwriters need a wide variety of insurance-relevant insights to help them make profitable decisions, in real-time on a single risk perspective as well as on a portfolio basis.
“Adding complexity to that process can hurt the customer experience, increase costs, and potentially lead to poor decisions. With Account Manager v5, underwriters now have access to a wealth of underwriter-focused insights with a few clicks, enabling them to quickly, accurately, and easily inform all facets of their decision making.”
The latest version of Account Manager expands the financial quantification insights leveraging CyberCube’s latest catastrophe loss modelling for single-risk evaluation needs, to help carriers proactively assess and manage their CAT loss exposure at the point of underwriting.
Account Manager v5 also includes several data enhancements aimed at improving the quality of company footprints, signal measurements, and versioning, each of which contributes to improved signal and score efficacy.
Ashwin Kashyap, CyberCube’s Co-founder and Chief Product Officer, commented: “CyberCube is renowned for its best-in-class cyber models. With this latest release, underwriters can, for the first time, leverage our models to incorporate marginal risk metrics into their workflow. This will enable them to proactively manage the diversification and profitability of their books of business.”
CyberCube’s Account Manager v5 follows Account Manager Version 4.0, which had introduced improvements in new data, usability enhancements, scoring and signal refinements, as well as New financial quantification insights.
