Monday 23 January, 2023: Accretive Insurance Solutions, a nationwide collection of leading independent, niche-focused specialty and wholesale insurance providers and administrators, has agreed to a partnership with leading cyber analytics firm CyberCube to deliver enhanced risk transfer advice.
Accretive is licensing CyberCube’s Broking Manager to support retail agents and their clients in making better risk transfer decisions. CyberCube’s Broking Manager is the first Software-as-a-Service application CyberCube has built specifically for the insurance broking community. It offers a streamlined approach to analyzing potential financial exposure impacts arising from cyber events that helps clients make informed decisions on coverages and limits.
Nate Brink, CyberCube Sales Manager, said: “Today, CyberCube's market-leading analytics are helping thousands of insurance buyers quantify their cyber risk exposure. This partnership with Accretive will drive better-informed risk transfer decisions when clients are considering buying cyber insurance."
Accretive, which was launched at the beginning of 2022, is a wholesale subsidiary of Assured Partners. Rob Roth, Executive Vice President of Wholesale at Accretive, said: "Accretive is focused on propelling growth for our agencies by providing the best resources and expertise in the industry. CyberCube's analytics will enable us to support our retailers and their insureds in making data-driven decisions and help grow our cyber business."
About CyberCube
CyberCube delivers the world’s leading cyber risk analytics for the insurance industry. With best-in-class data access and advanced multi-disciplinary analytics, the company’s cloud-based platform helps insurance organizations quantify cyber risk to facilitate placing insurance, underwriting cyber risk and managing cyber risk aggregation. CyberCube’s enterprise intelligence layer provides insights on millions of companies globally and includes modeling on thousands of points of technology failure.
The CyberCube platform was established in 2015 within Symantec and now operates as a standalone company exclusively focused on the insurance industry, with access to an unparalleled ecosystem of data partners. It is backed by Morgan Stanley Tactical Value, Forgepoint Capital, HSCM Bermuda, MTech Capital, individuals from Stone Point Capital and Scott G. Stephenson. For more information, please visit www.cybcube.com or email info@cybcube.com.
About Accretive
Accretive was established in January 2022 with the mission of facilitating growth and innovation in the wholesale and specialty insurance market. With a leadership team of industry-recognized innovators, Accretive organizations have an established track record of building ground-up solutions, differentiated product delivery, and industry specialization. For more information about Accretive, please email info@accretive-ins.com or visit http://www.accretive-ins.com.
Media:
Yvette Essen, Head of Content, Communications and Creative, yvettee@cybcube.com.
