QBE partners with CyberCube to improve cyber capabilities

QBE Insurance Group has partnered with cyber risk analytics firm  CyberCube to roll out a wide range of cyber solutions and services.

Australia-headquartered  QBE is to use  CyberCube’s account manager and portfolio manager platforms, as well as its training offering CyberCube Academy. The insurer will also have access to  CyberCube’s enhanced Concierge service.

Portfolio manager is a scenario-based data-driven model that enables risk professionals to develop insights for their senior leadership and teams. It also allows stress testing of portfolios of insurance risk so that loss drivers and areas of accumulation risk can be identified.

Account manager is designed for risk carriers and is used by leading companies across the insurance ecosystem. It enables underwriters to make efficient, data-driven risk selection decisions.

CyberCube Academy is an online learning platform, condensing  CyberCube’s multi-disciplinary expertise into a series of short online courses and moderated student sessions.  CyberCube Concierge is a value-add service providing the latest insights concerning the changing threat landscape.

Dave Gillmore (pictured, right),  CyberCube's head of global sales, said: “As one of the world's leading international (re)insurers, QBE understands the growing significance of cyber risk. We are delighted  QBE has selected  CyberCube to partner with in order to further enhance its cyber capabilities. ”

Geoff de Mallet Morgan (pictured, left),  QBE EO’s head of financial lines, added: “In such a dynamic and complex risk environment we are delighted to be partnering with  CyberCube. There is no substitute for detail in this area and the  CyberCube services provide insight and clarity that supports our underwriting resilience and enhances our overall customer offering.”

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