CIO Influence
CIO Influence News SaaS Security

CyberCube Launches Marginal Risk Analysis Capabilities in its New Account Manager

CyberCube Launches Marginal Risk Analysis Capabilities in its New Account Manager

CyberCube, the insurance industry’s leading cyber analytics company, has launched Version 5.0 (v5) of Account Manager, the software-as-a-service (SaaS) solution designed explicitly for underwriters.

PREDICTIONS SERIES 2024 - CIO InfluenceCIO INFLUENCE News: Ping Identity Achieves FedRAMP High Certification

“CyberCube is renowned for its best-in-class cyber models. With this latest release, underwriters can, for the first time, leverage our models to incorporate marginal risk metrics into their workflow. This will enable them to proactively manage the diversification and profitability of their books of business.”

Account Manager v5 extends the capabilities of Portfolio Manager, CyberCube’s portfolio modeling product. For clients that license both solutions, this gives them the ability to quantify how much any individual account impacts the loss profile of their overall portfolio in seconds, without requiring any additional modeling resources or delay.

The latest version of Account Manager expands the financial quantification insights leveraging CyberCube’s latest catastrophe loss modeling for single-risk evaluation needs, to help carriers proactively assess and manage their CAT loss exposure at the point of underwriting. Account Manager v5 also includes several data enhancements aimed at improving the quality of company footprints, signal measurements, and versioning, each of which contributes to improved signal and score efficacy.

CIO INFLUENCE News: Embratel Launches Platform to Drive Digital Transformation in the Field

John Anderson, CyberCube’s Principal Product Manager for Account Manager, said: “Underwriters need a wide variety of insurance-relevant insights to help them make profitable decisions, in real-time on a single risk perspective as well as on a portfolio basis. Adding complexity to that process can hurt the customer experience, increase costs, and potentially lead to poor decisions. With Account Manager v5, underwriters now have access to a wealth of underwriter-focused insights with a few clicks, enabling them to quickly, accurately, and easily inform all facets of their decision making.”

Ashwin Kashyap, CyberCube’s Co-founder and Chief Product Officer, said: “CyberCube is renowned for its best-in-class cyber models. With this latest release, underwriters can, for the first time, leverage our models to incorporate marginal risk metrics into their workflow. This will enable them to proactively manage the diversification and profitability of their books of business.”

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

MERIPLEX Acquires Louisiana-Based MSP, Verma Systems

Transforming CIOs Blueprint: Empowering and Elevating CIOs in Higher Education

CIO Influence News Desk

IFS Named A Leader in IDC MarketScape for Worldwide SaaS and Cloud-Enabled Manufacturing ERP in 2022