Insurance Advisory for Brokers
About
The data you need — fast, clear and tailored for consultative sales
Cyber insurance brokers rely on CyberCube to navigate the shifting cyber landscape, identifying paths to better cyber risk management and risk transfer decisions to build resilience.
Broking Manager helps you:
- Understand and explain the financial implications of cyber risk
- Educate your clients about the nature of the cyber threats they face
- Educate clients on potential loss classes, recent and relevant cyber events, and benchmarking cyber exposure against peers
- Quickly produce reports and update in real-time during meetings
Broking Manager’s Signal Report generates:
- Instant reports for millions of companies globally, with minimal information input required
- Analytics tied back to insurance product features, known claim types, and client security controls that may impact buying decisions
- Quick reports and updates in real time
- Full severity distributions illustrating expected losses should a cyber event occur
Broking Manager generates:
- Full severity distributions illustrating expected losses should a cyber event occur
- Analytics tied back to insurance coverage impacts, known claim types, and client security controls that may impact buying decisions
- Enhanced information to educate clients on potential loss classes, recent cyber events, and benchmarking against peers
- Demonstrate financial exposure impact of client-specific security posture and business practices
Why our clients choose CyberCube
David Hallstrom & Nadia Hoyte
National Cyber Advisors
CyberCube provides USI with the tools to help clients make informed cyber limit and self-insured retention decisions. For example, CyberCube facilitates discussion on cyber aggregate loss potential from multiple threats in near real-time versus focusing predominately on historical peer purchasing patterns. Drilling down into multiple verticals, classes of business and company-specific risk management tools allows for even further customized solution builds – a must for modern cyber insurance placement.
Dan Burke, Senior Vice President
National Cyber Practice Leader
The beauty of taking (the CyberCube) approach to your customized risk is that most loss scenarios a company would face in a given year can be accounted for on the loss curve. Want to insure against 90% of your projected potential data breach losses? You can find that on the loss curve to know the proper cyber insurance limit to purchase.
Colin White
Head of Cyber Analytics
CyberCube has proven to be a low-friction predictive modeling solution tailored to our clients’ risk profile. This fits in seamlessly as one pillar in the comprehensive discussion of the qualitative and quantitative factors influencing the limit purchase decision.
William Wright
Partner
Paragon is thrilled to be working with CyberCube. Broking Manager is by far the most complete client advisory tool we’ve seen supporting the cyber insurance vertical. It produces a level of detail and sophistication which we are really excited to share with our clients.
Tim Burke
Director of Cyber Risk
When we discuss Cyber risk with clients and prospects, we have moved beyond the debate of necessity. The focus is now ‘how much and why’? Broking Manager has allowed us to move beyond benchmarking to model and quantify each organization’s unique Cyber risks.
Broker solutions
Develop deeper insight on cyber risk transfer and effective cyber risk placement
Solutions
Broking Manager
- Quantify cyber loss potential
- Inform decisions on insurance limits
- Identify exposures
- Streamline team workflows
- Benchmark risk strategies against peers
- Refine modeled losses with company assessments
Prep Module
- Prepare clients for the marketing process
- Identify placement issues early
- Verify issues with point-in-time reports with Network Snapshot Reports
- Get ahead of renewals
CyberConnect APIs
- Integrate Broking Manager (BM) seamlessly and enhance your workflows with CyberConnect APIs
- Power your branded presentations with CyberCube analytics
- Integrate with a variety of distribution platforms
Consultative Services
- Enterprise Threat Reports (ETR)
- Custom security posture reports for brokerages’ priority clients created and delivered by CyberCube’s cyber security experts.
Discover how to leverage leading cyber risk analytics for your business
Request more infoComprehensive cyber risk analysis
How do I sell more cyber insurance products and engage more deeply with my clients on cyber risk?
Broking Manager (BM) allows both specialized and generalist brokers to connect with all types of businesses — from new cyber insurance buyers to experienced buyers. BM combines a large number of data sources, including internal and external security data, historical losses and enterprise data, and applies specialized analytics to produce targeted information on your client’s cyber risk profile. You can produce these reports without any input from the insurance buyer and without introducing friction into the sales process.
With Broking Manager’s CyberCube Signal Report, you can educate your prospects and clients on potential sources of loss, recent and relevant cyber events and benchmarking against peers. When you have the opportunity to enter minimal additional data points from the client, BM will enhance your reports for even more impactful discussions around company-specific risk mitigation or insurance strategies and security data signals that may influence buying decisions.
Estimate financial losses
How do I provide comprehensive, data-driven reports to clients and discuss estimated financial losses with carriers?
CyberCube has optimized Broking Manager to deliver data-driven reports that provide maximum insight with minimal client interaction, all without adding friction and complexity to your sales cycle.
These reports allow you to display aggregate severity distributions for particular potential cyber exposures, as well as severity distributions for significant event classes such as Data Breach and Malware / Ransomware attacks.
As you provide more underwriting information, you can show your client more company-specific insights, and secure the appropriate coverage for your client.
Limits advisory
How do I ensure my clients get a tailored insurance policy based on their needs and budget?
Often, brokers need to go beyond overall loss estimates to identify product needs, coverage needs, and terms and conditions. Broking Manager enables you to quickly create reports that demonstrate how your client’s goals, budget and exposures align with cyber insurance carriers.
Moreover, Broking Manager’s risk assessment function lets you tailor your reports to your clients needs with granular severity loss distributions at the cost component level. With this amount of detail, brokers can understand their customers’ loss scenarios
and have in-depth conversations around coverages, exclusions,
limits, sub-limits and additional pre/post-loss services that may be of interest.
- Yvette Essen
CyberCube Announces Multi-Year Partnership with Mathison Insurance Partners
- Varun Govind Nagpal