UIB adopts CyberCube tools for cyber risk assessment

United Insurance Brokers (UIB), a Lloyd’s broker operating internationally, has teamed up with cyber hazard analytics supplier CyberCube to enactment its planetary cyber security operations.

Under this agreement, UIB volition utilise CyberCube’s Broking Manager and Prep Module.

The broker indicated that it chose CyberCube’s solutions for their hazard quantification capabilities, which connection a data-driven attack to assessing cyber exposures.

UIB expects these tools to assistance successful conveying risks to insurers and refining placement methods crossed its network.

UIB cyber caput Dimaggio Rigby said: “The cyber scenery is evolving astatine pace, and clients progressively expect brokers to supply clear, quantitative insights. With CyberCube’s platform, we tin heighten the sophistication of our analytics, amended the clarity of our engagement with carriers and enactment clients much efficaciously arsenic cyber continues to turn globally.”

The summation of the Prep Module is intended to assistance successful preparing submissions and presenting hazard accusation successful the cyber sector, wherever contention continues to intensify.

UIB is targeting further expansion, peculiarly successful Latin America and Asia.

CyberCube Broker Sales & Account Management caput Nate Brink said: “UIB is simply a person successful managing analyzable risks, and we are thrilled to enactment its planetary expansion. By leveraging CyberCube’s bespoke solutions, UIB tin present span the information spread successful rapidly evolving markets crossed LATAM [Latin America], Europe and Asia, providing the sophisticated, localised cyber guidance their clients require.”

In December, DUAL Group collaborated with CyberCube, leveraging the latter’s analytics to summation actionable quality for some day-to-day underwriting and catastrophe modelling.

"UIB adopts CyberCube tools for cyber hazard assessment" was primitively created and published by Life Insurance International, a GlobalData owned brand.

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