SAN FRANCISCO--(BUSINESS WIRE)--TechAssure, the global network for insurance brokers specialising in technology risks, is partnering with CyberCube to roll out its Broking Manager product to the network’s members worldwide.
Formed in 2000, TechAssure is a not-for-profit association headquartered in Davidson, North Carolina. TechAssure’s network consists of 30 retail brokerages servicing over 5,000 technology and life science clients globally.
Broking Manager is the first software-as-a-service application CyberCube has built specifically for the insurance broking community. It offers a streamlined approach to generating financial exposure impact that helps clients make informed decisions on coverages and limits.
Broking Manager will allow TechAssure’s member firms to quantify and explain to their clients the sources and financial impact of cyber risk exposure. 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.
Pascal Millaire, CEO for CyberCube, said: “As trusted advisers to technology businesses all around the world, TechAssure’s member firms are only too aware of the rapidly changing nature of cyber risk. That makes it particularly pleasing that they’ve chosen to partner with us. This is a real vote of confidence in CyberCube’s products and the insights they generate.”
TechAssure Executive Director Garrett Droege added: “TechAssure is very excited about partnering with CyberCube to add value to our members through analytics. By using a state-of-the-art software product, TechAssure members will be able to deliver best-in-class guidance on cyber risks for their clients in the innovation ecosystem. As leaders in the technology risk space for over 20 years, TechAssure sees CyberCube’s Broking Manager as one of the leading analytics platforms available for cyber risk management.”
Broking Manager complements CyberCube’s two other products: Portfolio Manager and Account Manager, which are designed for risk carriers and are used by leading companies across the insurance ecosystem.
ENDS
About CyberCube
CyberCube delivers the world’s leading cyber risk analytics for the insurance industry. With best-in-class data access and advanced multi-disciplinary analytics, the company’s Software-as-a-Service platform helps insurance companies make better decisions when underwriting cyber risk and managing cyber risk aggregation. CyberCube’s enterprise intelligence layer provides insights on millions of companies globally and includes modelling on thousands of points of technology failure.
The CyberCube platform was established in 2015 within Symantec and now operates as a standalone company exclusively focused on the insurance industry, with access to an unparalleled ecosystem of data partners and backing from ForgePoint Capital, HSCM Bermuda, MTech Capital and individuals from Stone Point Capital. For more information, please visit www.cybcube.com or email info@cybcube.com.
About TechAssure
Established in 2000, TechAssure is a unique consortium of risk management experts serving innovative industries, such as technology, telecommunications, life sciences, clean tech, as well as the venture capital and private equity firms that fund them. Comprised of over 30 specialist firms located in technology hubs across the world, TechAssure members collectively serve over 5,000 clients and represent over $8 Billion in premium volume. The association also produces a proprietary annual benchmarking report for the industries it serves.
