Crane Agency invests in cyber risk analytics platform
US broker Crane Agency is to roll out CyberCube’s Broking Manager, the cyber risk analytics platform for insurance intermediaries.
Crane Agency is licensed in 50 states and has four other offices in Missouri with over 250 staff.
Broking Manager is the first software-as-a-service application CyberCube has built specifically for the insurance broking community. It will allow Crane’s team to quantify and explain to their clients the sources and financial impact of cyber risk exposure.
Pascal Millaire, CEO for CyberCube, said: “Crane Agency is a forward-looking insurance business that sees much potential in the cyber market. It’s been a pleasure to work with them and we’re thrilled they’ve chosen to use Broking Manager to assist with understanding their clients’ needs.”
Beth Martin, management liability and cyber practice leader, Crane Agency, said: “We’re very excited to be partnering with CyberCube. It’s our firm belief that Broking Manager will provide exceptional insights for our clients at a time when the cyber risk landscape is changing markedly. The pandemic and the shift in working patterns it has generated mean new risks, new modes of cyber attack and new vulnerabilities. With businesses coming to terms with these changes, we see considerable potential for growth in the cyber insurance market.”
