Reinsurance News
cybercube
CyberCube reveals Version 4.0 of Account Manager
29th November 2022
Cyber risk analytics provider CyberCube, has released Version 4.0 of Account Manager, its software-as-a-service (SaaS) application for single risk re/insurance underwriters. The latest version of Account Manager includes a variety of improvements including new data, usability enhancements, as well as scoring and signal refinements. New financial quantification insights have also been introduced, ... Read the full article
Growth potential for cyber insurance market could be improved: CyberCube’s Bole
24th November 2022
There is a huge growth potential for the cyber insurance market, and more could be unlocked if re/insurers worked on a number of points to improve it, Rebecca Bole, CyberCube’s Head of Industry Engagement, suggested at AM Best's “Europe Insurance Market & Methodology Briefings”. Bole said: “I think that for future ... Read the full article
Cyber MGA Elpha Secure partners with CyberCube to utilise risk analytics tools
15th November 2022
New York-based MGA Elpha Secure has partnered with CyberCube to utilise two of its cyber risk analytics tools as the business grows to create a compelling case to attract capacity from providers operating within the ILS space. Elpha has licensed CyberCube’s Portfolio Manager platform and its Single Point of Failure (SPoF) ... Read the full article
CyberCube partners with MGA, Converge to strengthen underwriting ecosystem
2nd November 2022
Converge, a new cyber MGA, has announced that it is partnering with CyberCube to provide customers with deeper data and risk solutions, delivering improved business outcomes at lower premiums. CyberCube will blend its Portfolio Manager platform, Single Point of Failure (SPoF) Intelligence module, and Attritional Loss Model into Converge’s proprietary technology ... Read the full article
CyberCube launches Exposure Databases to improve cyber modeling
26th October 2022
CyberCube has announced that it has launched the world’s first set of detailed Exposure Databases to enable re/insurers and brokers to perform a wide range of benchmarking, sensitivity, and real-time analyses for cyber risks. The Exposure Databases provide a foundation for cyber risk model and include CyberCube’s Economic Exposure Database (EED) ... Read the full article
Relay announces partnership with CyberCube
7th October 2022
Relay Platform, a technology solutions provider enabling the digital transformation of commercial insurance placements, has partnered with CyberCube, a cyber risks analytics provider, on the cyber quoting experience. This new partnership aims to enable brokers and agents who use Relay to gain access to the CyberCube cyber insurance report directly within ... Read the full article
CyberCube announces partnership with EXL
16th September 2022
CyberCube is collaborating with data analytics firm EXL to develop cyber insurance solutions for the P&C insurance industry. The firms said in a joint statement that they would help deliver the framework insurers need to develop comprehensive cyber risk policies through a wide range of risk measures, including industry specific threat ... Read the full article
Wider audience access to cyber risk analysis through CyberCube and AkinovA partnership
12th September 2022
CyberCube, a cyber risks analytics provider, has announced its partnership with AkinovA, an electronic marketplace for the transfer and trading of insurance risk, to enable AkinovA’s clients to benefit from CyberCube’s modelling and analytics. Through this partnership, CyberCube’s products will be made available to AkinovA’s platform, making all its models accessible ... Read the full article
Ransomware and Ukraine war the big risks for cyber insurance: CyberCube
12th August 2022
Ransomware continues to be largely responsible for the insurable cyber losses experienced by companies, with the maritime sector and satellite infrastructure being more likely to be targeted by cyber criminals, according to a recent report. Additionally, CyberCube’s H2 2022 Global Threat Briefing analysed the cyber activity following Russia’s invasion of Ukraine ... Read the full article
McGill boosts cyber development strategy with CyberCube products
14th July 2022
CyberCube, a cyber risk analytics firm, has announced that specialist re/insurance broker McGill and Partners, will be using its cyber risk analytics platforms as part of its cyber re/insurance growth strategy. According to the announcement, the broker is using CyberCube’s Portfolio Manager and Broking Manager. Neil Sharma, Partner - Reinsurance at McGill ... Read the full article
CyberCube to continue collaboration with CyberAcuView
28th June 2022
CyberAcuView, a company formed by primary cyber insurers to enhance cyber risk mitigation efforts across the industry, is continuing its collaboration efforts with leading provider of cyber analytics – CyberCube. During the formation of CyberAcuView, CyberCube provided technical guidance. In a press release, it states that CyberCybe will continue to deliver insights ... Read the full article
CyberCube report addresses criminal cyber threat actors
13th June 2022
A new report from CyberCube says that cyber criminals display a variety of motivations and maintain complex relationships, which should be considered when underwriting and broking cyber risk. The report – Understanding criminal cyber threat actors and motivations, states that there are three main types of threat actors: state-sponsored, criminal gangs, ... Read the full article
CyberCube teams up with Kroll on event response service
31st May 2022
CyberCube has launched a new feature for its customers called Cyber Aggregation Event Response Service (CAERS). CAERS will see CyberCube partnering with Kroll to provide its clients with information and guidance on major cyber aggregation events. Following a major cyber event, the CAERS team will update CyberCube’s clients with the latest information ... Read the full article
CyberCube updates Portfolio Manager to keep pace with cyber trends
26th May 2022
Leading cyber analytics provider, CyberCube has released an updated version of Portfolio Manager (PM) – the industry’s leading cyber risk modeling platform used by re/insurers and brokers. The new version of PM focuses on deepened modeling of two key scenario classes, cloud outage and mass malware, and also includes general data ... Read the full article
Majesco & CyberCube partner to meet cyber demand
9th May 2022
Majesco, a global provider of cloud insurance software solutions for insurance business transformation, has announced a partnership with CyberCube – a global provider of advanced solutions for cyber insurance risk modelling, rating and underwriting. The partnership between the two companies will accelerate the use of expanded sources of data, signals, and ... Read the full article
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