Global specialist re/insurance broker Consilium has partnered with CyberCube, a provider of cyber risk analytics for the insurance industry, to support its global growth and help clients better understand cyber risk exposure.
CyberCube’s brokerage management platform, available in more than 100 markets globally, is designed to help transform complex cyber risks into actionable, data-driven insights.
It quantifies cyber risk from a financial perspective, compares clients’ exposure to peers, and provides data-backed recommendations to support cyber insurance risk management and placement decisions, including selecting appropriate coverage limits.
Ethan Godlieb, associate partner, cyber, technology and fintech at Consilium, said: “We are delighted to partner with CyberCube, a leading risk analytics partner with a strong reputation in the market. CyberCube’s brokerage management platform provides clients with valuable benchmarking and financial loss analysis and provides us with a valuable competitive advantage to support our growth ambitions globally.”
“At any point in the cycle, but especially in soft markets, customers need powerful data-driven insights to help them understand their cyber risk exposure, select appropriate coverage limits, and make informed insurance purchasing decisions.”
This service will be provided free of charge to customers as part of Consilium’s quoting process.
“We are pleased to welcome Consilium as a broker manager client,” said Nate Brink, director of broker sales and account management at CyberCube. “Brokers play a vital role in helping organizations navigate an increasingly complex cyber risk environment.
“By leveraging CyberCube’s analytics, Consilium will be able to support global customers in selecting appropriate cyber insurance limits while strengthening its international cyber offerings.”
