CyberCube, a cyber risk analytics firm has partnered with global specialist insurer Hiscox, to use CyberCube’s risk analytics software to generate better insight into potential systemic cyber risk. The company’s risk-modeling platform allows insurance marketers to strengthen their accumulation risk management and exposure measurement.
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As a result of the deal, Hiscox will get access to CyberCube’s portfolio manager product, which will help Hiscox’s book of global commercial insurance business against a number of cloud outages and global ransomware attacks. Established in 2015, CyberCube’s SaaS platform helps insurance companies make better decisions when underwriting cyber risk and managing cyber risk aggregation.
Source: https://www.businesswire.com/news/home/20200112005002/en/Hiscox-Adopts-CyberCube%E2%80%99s-Risk-Analytics-Software
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