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CyberCube Announces Strategic Partnership with Penguin Tech to Enhance Cyber Risk Solutions

CyberCube partners with Penguin Tech to advance innovative cyber risk solutions, delivering enhanced analytics and insights to the industry.

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San Francisco, 2nd December, 2024 — CyberCube, the leading provider of cyber risk analytics, is pleased to announce a strategic partnership with premier integration and consulting provider Penguin Tech. This collaboration aims to deliver enhanced cyber risk solutions that will empower insurers to understand, mitigate, and manage cyber threats better.

Under the partnership, CyberCube’s industry-leading analytics will be seamlessly integrated with the solutions Penguin Tech delivers to Duck Creek Technologies clients. This will enable insurers to leverage advanced data-driven insights and analytics to improve underwriting accuracy, portfolio management, and overall risk assessment.

CyberCube’s sophisticated cyber risk modeling capabilities combined with Penguin Tech’s expertise in integrating and consulting on Duck Creek Technologies platforms will provide insurers with a comprehensive toolset to tackle the growing complexity of cyber threats. By combining forces, CyberCube and Penguin Tech will offer insurers a seamless and robust solution that enhances their ability to respond to and manage cyber risks effectively.

“CyberCube is thrilled to partner with Penguin Tech,” said Ross Wirth, VP, Head of Strategic Tech Ecosystem at CyberCube. “This collaboration underscores our commitment to equipping the (re)insurance industry with the most advanced cyber risk analytics available. By integrating our analytics with the solutions Penguin Tech provides to Duck Creek Technologies clients, we are enabling (re)insurers to make more informed decisions, ultimately helping to create a more resilient cyber (re)insurance market.”

Damon Overboe, Managing Trustee at Penguin Tech, said: “We are excited to partner with CyberCube, the recognized leader in cyber risk analytics. This partnership aligns perfectly with our mission to provide (re)insurers with innovative solutions that enhance their capabilities in managing complex risks. Together, we will deliver unparalleled value to our clients and help them navigate the evolving cyber landscape.”

For more information, please contact:

Yvette Essen, Head of Content, Communications & Creative, yvettee@cybcube.com 

 

About CyberCube

CyberCube is the leading provider of software-as-a-service cyber risk analytics to quantify cyber risk in financial terms. Driven by data and informed by insight, we have harnessed the power of artificial intelligence to supplement our multi-disciplinary team. Our clients rely on our solutions to make informed decisions about managing and transferring cyber risks. We unpack complex cyber threats into clear, actionable strategies, translating cyber risk into financial impact on businesses, markets, and society as a whole.

The CyberCube platform was established in 2015 within Symantec and now operates as a standalone company. Our models are built on an unparalleled ecosystem of data and validated by extensive model calibration, internally and externally. CyberCube is the leader in cyber risk quantification for the insurance industry, serving over 100 insurance institutions globally. The company’s investors include Forgepoint Capital, HSCM Bermuda and Morgan Stanley Tactical Value. For more information, please visit www.cybcube.com or email info@cybcube.com.

About Penguin Tech

Penguin Tech is a premier integration and consulting provider for Duck Creek Technologies platform clients. The company specializes in delivering tailored solutions that streamline operations, enhance customer engagement, and manage risks more effectively for insurers. Penguin Tech is dedicated to driving innovation in the insurance industry and is based in New York, New York.

Aaron Margolis
Director of Sales
Penguin Tech  
Email: aaron@penguin.tech   
Phone: +1 (204) 333-4967

 

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