Millennial Shift Technologies Inc. (mShift) has announced a strategic partnership with CyberCube, a leading cyber risk analytics platform.
The collaboration aims to automate the delivery of cyber insurance analytics through an integrated solution that enhances workflow efficiency for insurance professionals while delivering an enriched client experience.
mShift, a digital platform designed to expedite the quoting, binding, and issuance processes for multiple lines of business within the SME cyber liability sector, is teaming up with CyberCube to eliminate redundant data entry and ensure that all cyber proposals include CyberCube reports.
This integration will leverage CyberCube’s Broking Manager software, applying specialised analytics to generate targeted information on a client’s cyber risk profile.
The partnership marks a significant advancement in providing transparency to the SME insurance market, allowing retail agents and their clients to effortlessly compare financial exposure to cyber events against proposed limits.
Ross Wirth, Head of Client Engagement and Technology Partnerships at CyberCube, emphasised the impact of this integration: “By integrating CyberCube’s Broking Manager reports within the mShift platform, retail agents and their clients can effortlessly compare their financial exposure to cyber events against proposed limits. This partnership will provide cyber risk transparency to the SME insurance market.”
CyberCube’s Broking Manager reports offer detailed insights into a company’s specific financial exposure and risk transfer benchmarking data. These reports facilitate meaningful discussions that support insurance buyers in making informed decisions regarding coverage and limits.
Mark Meury, Founder and CEO of mShift, highlighted the strategic value of including CyberCube’s reports and analytics: “By including CyberCube’s reports and analytics, we can enable insurance professionals to demonstrate their expertise in cyber insurance and facilitate increased adoption of cyber insurance across SME insurance buyers.”
