Australia-headquartered insurer and reinsurer QBE has announced plans to roll out a range of products from cyber risk analytics firm CyberCube, including its Account Manager and Portfolio Manager platforms.
In addition, QBE will be utilising the CyberCube Academy, the firm’s training offering, as well as accessing CyberCube’s enhanced Concierge service.
“As one of the world’s leading international (re)insurers, QBE understands the growing significance of cyber risk,” said Dave Gillmore, CyberCube’s Head of Global Sales.
“We are delighted QBE has selected CyberCube to partner with in order to further enhance its cyber capabilities.”
Geoff de Mallet Morgan, QBE EO’s Head of Financial Lines, also commented: “In such a dynamic and complex risk environment we are delighted to be partnering with CyberCube. There is no substitute for detail in this area and the CyberCube services provide insight and clarity that supports our underwriting resilience and enhances our overall customer offering.”
Portfolio Manager is a scenario-based data-driven model that enables risk professionals to develop insights for their senior leadership and teams. It also allows stress testing of portfolios of insurance risk so that loss drivers and areas of accumulation risk can be identified.
Account Manager is designed for risk carriers and enables underwriters to make data-driven risk selection decisions.
CyberCube Academy is an online learning platform that condenses CyberCube’s expertise into a series of short online courses and moderated student sessions, and finally CyberCube Concierge is a value-add service providing the insights concerning the changing threat landscape.