San Francisco, California, March 7, 2022 – CyberCube is pleased to announce that RT ProExec, a part of RT Specialty, the wholesale broking division of Ryan Specialty Group, has teamed up with CyberCube’s Broking Manager, the cyber risk analytics platform for insurance intermediaries.
RT ProExec specializes in professional, executive and transactional liability, with cyber being one of its fastest-growing verticals.
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.
Broking Manager will further enable RT ProExec’s team to quantify and explain to its retailers and their clients the sources and potential financial impacts of cyber risk exposure. The platform also produces reports that can be used to educate prospects and clients on potential sources of loss, recent and relevant cyber events, and peer-to-peer benchmarking.
Nate Brink, CyberCube's Broking Segment Leader, said: “We’re excited to be working with RT ProExec to assist its retailers and their clients to better manage their cyber risk. As RT ProExec is a leading specialty wholesale broker that specializes in cyber placements, they will now have the leading cyber risk modeling tool at their fingertips.”
Jose O. Medina and Alex Jezerski, Presidents of RT ProExec, said: “Bringing CyberCube’s Broking Manager’s financial modeling and risk transfer benchmarking onto our platform will enhance our retailers’ ability to provide meaningful cyber-related data to their clients. Teaming up with CyberCube further enriches our services to our retailers and their clients.”
Broking Manager complements CyberCube’s two other products: Portfolio Manager and Account Manager, which are designed for insurers and are used by leading companies across the insurance ecosystem.
