Risk Management, Insurance Technology

Accretive Insurance Uses Cybercube's Broking Manager for Risk Transfer Decisions

Accretive Insurance Uses Cybercube's Broking Manager for Risk Transfer

Accretive Insurance Solutions, a consortium of top-tier, nationally-recognized independent specialty and wholesale insurance carriers and administrators, announced on January 23, 2023, that it has partnered with top-tier cyber analytics firm CyberCube to provide better risk transfer counseling.

Accretive is licensing CyberCube's Broking Manager to assist retail agents and their clients in making better risk transfer decisions. CyberCube's Broking Manager is the company's first software-as-a-service (SaaS) solution designed exclusively for the insurance brokerage sector. It provides a streamlined approach to evaluate potential financial exposure implications from cyber catastrophes, allowing clients to make informed coverage and limit decisions.

CyberCube Sales Manager Nate Brink remarked, “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."

(Source – Business Wire)

Meanwhile, Rob Roth, Executive Vice President of Wholesale at Accretive, stated, "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."

(Source – Business Wire)

About CyberCube

CyberCube provides the insurance industry's best cyber risk analytics. The company's cloud-based technology helps insurance companies place insurance, underwrite cyber risk, and manage cyber risk aggregation by providing best-in-class data access and advanced multi-disciplinary analytics. CyberCube's enterprise intelligence layer gives information on millions of enterprises worldwide and models thousands of technology failure spots. In 2015, Symantec launched the CyberCube platform, which now functions as a standalone insurance firm with an unprecedented data partner ecosystem with support from ForgePoint Capital, HSCM Bermuda, MTech Capital, and Stone Point Capital individuals.

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