Guy Carpenter Licenses First-of-its-Kind Cyber Risk Modeling Platform from CyberCube Following Strategic Alliance
The Company also entered into a formal license agreement with CyberCube to leverage its new stochastic cyber catastrophe model and related intellectual property to deliver innovative cyber reinsurance solutions to its clients and prospects.
Backed by investment from Trident Capital Cybersecurity and utilizing technology developed by Symantec Corporation – the world's leading cybersecurity company – the new risk modeling platform leverages exabytes of unique data and applies multidisciplinary analytic methods to help insurers make more informed decisions when underwriting cyber risk and managing cyber risk aggregation. The Symantec-contributed technology assets were developed in collaboration with
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"Cyber is one of the most important risks facing society in the 21st century and therefore it is one of the most important risks facing the insurance industry," said
About
About CyberCube Analytics (CyberCube)
CyberCube delivers the world's leading cyber risk analytics for the insurance industry. The company's Software as a Service platform helps insurance companies make more informed, effective and efficient decisions when underwriting cyber risk and managing cyber risk aggregation. CyberCube's enterprise intelligence layer provides insights on seven million companies globally and includes modeling on over one thousand single points of technology failure. The platform leverages distinctive sources of data and advanced analytics methods to solve the specific challenges faced by the insurance industry. For more information visit www.cybcube.com or contact [email protected]. Follow CyberCube on Twitter @CybCubeCom.
CyberCube Analytics
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SOURCE CyberCube
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