Cyber analytics provider, CyberCube has launched an updated version of Broking Manager, a solution designed specifically for insurance brokers.
The new software enables brokers to instantly produce cyber financial loss reports on millions of companies while providing rich information to help them articulate their clients’ cyber exposure, whether they specialise in cyber insurance or not.
The latest edition includes a variety of enhancements in the workflow, usability, and risk transfer benchmarking.
With the update, Broking Manager streamlines team-oriented workflows with sharing and co-editing features to simplify internal hand-offs and allow brokers to work on accounts together.
Natalie Chin, CyberCube’s Senior Principal Product Manager for Broking Manager, said: “Brokers play a vital role in helping clients identify and manage cyber risk. By providing them with the cyber exposure insights they need, in a ready-for-communication format, Broking Manager supports and streamlines their conversations to a wide array of audiences.”
Ashwin Kashyap, Co-founder of CyberCube and Chief Product Officer, said: “As cyber insurance needs’ mature, the market needs a standard in quantifying and communicating risk across the value chain.
“As trusted advisors to companies on their cyber insurance purchase, insurance brokers play a very important role in the ecosystem by connecting insurance buyers with carriers.
“CyberCube has created a market standard via Broking Manager that streamlines the discussion on cyber risk at the point of purchase using methods that are widely accepted by the insurance value chain.”