m-a_merger_acquisition_shutterstock_716579455
27 April 2023Insurance

Cytora, CyberCube team up to enhance cyber risk insights for insurers

Insurtech  Cytora and cyber risk analytics provider  CyberCube have teamed up to provide commercial insurers with a more streamlined and informed understanding of cyber risk.

Through the partnership, CyberCube’s cyber risk analytics and modelling capabilities will be integrated into Cytora’s platform to enable underwriters to access real-time data and insights and have a more informed view of cyber risks paired with potential threats and vulnerabilities. The comprehensive information about risks will support commercial insurers in faster and better decision-making.

The partnership builds on a growing ecosystem of data and insight providers pre-integrated into the Cytora platform enabling an integrated end-to-end customer journey.

Juan de Castro, COO of Cytora, said: “As businesses become more reliant on technology, cyber risks are becoming a significant concern for commercial insurance underwriters. Our partnership with CyberCube will provide underwriters with the insights they need to better understand their clients’ cyber risks and make more informed underwriting decisions. This is an important step in our mission to empower insurers with the tools they need to make more data-driven decisions and to better manage risk.”

Ross Wirth, CyberCube’s head of client engagement & technology partnerships, commented: “We are excited to partner with Cytora to power underwriter decisions, via more complete understanding of the cyber risks facing their clients. Our advanced modelling and analytics capabilities, combined with Cytora’s innovative risk processing platform, will enable underwriters to make more accurate, data-driven underwriting decisions, and to protect their clients against cyber risks.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
13 March 2023   Peak RE is seeking deeper understanding of accumulation risk as cyber demand grows globally.
Insurance
2 August 2023   It says the dataset offers opportunities for alternative cyber reinsurance.
Insurance
7 August 2023   Reinsurer partners with CyberCube to enable better risk selection and pricing.