Toa Re selects CyberCube to strengthen its risk management capabilities
CyberCube, the market leader in cyber risk analytics, today announced that Toa Re has licensed its Portfolio Manager platform to support its cyber book and to achieve best practice risk management solutions.
Toa Re Europe is a Swiss-licensed reinsurance company established in 2002 and a wholly-owned subsidiary of the leading Japanese reinsurer,
Toa Re Europe’s core focus is on non-life treaty reinsurance business. It will utilize CyberCube’s Portfolio Manager to enable data-driven risk transfer solutions. Portfolio Manager is the (re)insurance industry’s cyber risk modeling platform of choice, allowing stress testing of portfolios against a range of systemic cyber-related scenarios including data breaches, cloud outages, and global ransomware attacks among others.
About CyberCube
CyberCube delivers the world’s leading cyber risk analytics for the insurance industry. With best-in-class data access and advanced multi-disciplinary analytics, the company’s cloud-based platform helps insurance organizations quantify cyber risk to facilitate placing insurance, underwriting cyber risk and managing cyber risk aggregation. CyberCube’s enterprise intelligence layer provides insights on millions of companies globally and includes modeling on thousands of points of technology failure.
The CyberCube platform was established in 2015 within Symantec and now operates as a standalone company exclusively focused on the insurance industry, with access to an unparalleled ecosystem of data partners. It is backed by Morgan Stanley Tactical Value,
src="https://cts.businesswire.com/ct/CT?id=bwnewssty=20231031165459r1sid=acqr8distro=nxlang=en" style="width:0;height:0" />
View source version on businesswire.com: https://www.businesswire.com/news/home/20231031165459/en/
Source: CyberCube
Star Mountain Capital Adds Former Aflac Global Chief Investment Officer, Eric Kirsch, as Senior Advisor
Kokua Line: Can I get both Medicare and Medicaid? [The Honolulu Star-Advertiser]
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News