International reinsurance and insurance brokerage United Insurance Brokers Limited (UIB) has partnered with cyber risk analytics provider CyberCube to enhance its cyber insurance capabilities and accelerate growth in Latin America and Asia.
As part of this collaboration, UIB will adopt CyberCube’s Brokerage Manager and Preparation modules to enhance the analytical capabilities of its global cyber practice.
UIB selected CyberCube for its advanced risk quantification tools, which provide a consistent and data-driven view of cyber risk.
These technical insights are critical to enhancing UIB’s customer advisory services, clearly communicating risks to operators, and optimizing layout strategies across the global network.
Additionally, the integration of these tools with the preparation module will streamline the submission process and improve the way risks are presented in the increasingly competitive cyber insurance market.
Dimaggio Rigby, Director of Networks at UIB, said: “The online environment is evolving rapidly, and customers are increasingly expecting clear, quantitative insights from brokers. With CyberCube’s platform, we can increase the sophistication of our analysis, increase the clarity of our work with operators, and support our customers more effectively as the network continues to grow around the world.”
According to the announcement, UIB’s partnership with CyberCube significantly advances its global and long-term growth strategy, particularly in Latin America and Asia, where demand for advanced networking solutions is increasing.
UIB’s established presence, ongoing investment and expanded team of experts in these regions enable the group to deliver enhanced cyber expertise to emerging and growing markets.
Julian Ball, Managing Director, Co-Head of North America and Head of Specialty Product Lines Division at UIBL, commented: “Integrating advanced cyber analytics enhances our Specialty Product Line proposition and supports our continued growth in North America and beyond. CyberCube’s capabilities enable us to clearly articulate risks and ensure they are effectively positioned in international markets.”
Nate Brink, head of broker sales and account management at CyberCube, added: “UIB is a leader in managing complex risk, and we’re excited to support its global expansion. By leveraging CyberCube’s custom solutions, UIB can now bridge the data gap in the rapidly growing markets of Latin America, Europe and Asia to provide its clients with the sophisticated, localized cyber guidance they need.”
