ProExec, a part of RT Specialty, the wholesale broking division of Ryan Specialty Group, has partnered with CyberCube’s Broking Manager, the cyber risk analytics platform for insurance intermediaries, to further enable RT ProExec’s team to quantify and explain to its retailers and their clients the sources and potential financial impacts of cyber risk exposure.
Broking Manager offers a streamlined approach to analysing potential financial exposure impacts arising from cyber events that helps clients make informed decisions on coverages and limits.
The platform also produces reports that can be used to educate prospects and clients on potential sources of loss, recent and relevant cyber events, and peer-to-peer benchmarking.
Nate Brink, CyberCube’s Broking Segment Leader, said: “We’re excited to be working with RT ProExec to assist its retailers and their clients to better manage their cyber risk.
“As RT ProExec is a leading specialty wholesale broker that specialises in cyber placements, they will now have the leading cyber risk modelling tool at their fingertips.”
Jose O. Medina and Alex Jezerski, Presidents of RT ProExec, said: “Bringing CyberCube’s Broking Manager’s financial modelling and risk transfer benchmarking onto our platform will enhance our retailers’ ability to provide meaningful cyber-related data to their clients.
“Teaming up with CyberCube further enriches our services to our retailers and their clients.”
