Reinsurance News

The Plexus Groupe selects CyberCube for cyber risk analysis

22nd March 2023 - Author: Kassandra Jimenez-Sanchez

US brokerage and advisory firm The Plexus Groupe has selected CyberCube’s Broking Manager cyber risk analytics platform to quantify its cyber risk decisions.

The broker – who offers comprehensive benefits, commercial insurance, HR and retirement solutions – will be utilising Broking Manager to help clients better understand their unique cyber exposures and inform data-driven risk transfer solutions.

Gerald W. Fawcett, Plexus SVP, P&C Practice Leader and Partner, commented: “Our team is focused on finding the best ways to support our clients in managing their risk.

“By using CyberCube’s data we can help clients quantify their unique cyber exposures to better inform insurance coverage and limit decision making.”

CyberCube’s Broking Manager is the first Software-as-a-Service application the cyber risk analytics specialist has built specifically for the insurance broking community.

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It offers a streamlined approach to analysing potential financial exposure impacts arising from cyber events that helps clients make informed decisions on coverages and limits.

Nate Brink, CyberCube Sales Manager, said: “We’re excited to be supporting the Plexus Groupe. Our platform will provide lifts in operational efficiency and supporting data needed for client conversations around cyber insurance.”

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