San Francisco, California 21 December 2020 – St Louis-headquartered insurance brokerage Crane Agency is to roll out CyberCube’s Broking Manager, the cyber risk analytics platform for insurance intermediaries.
Crane Agency is a US top 100 retail insurance broker, the oldest west of the Mississippi. Established in 1885, the business is licensed in 50 states and has four other offices in Missouri with over 250 staff.
Broking Manager is the first software-as-a-service application CyberCube has built specifically for the insurance broking community. It offers a streamlined approach to generating financial exposure impact that helps clients make informed decisions on coverages and limits.
Broking Manager will allow Crane’s team to quantify and explain to their clients the sources and financial impact of cyber risk exposure. The platform also produces reports that can be used to educate prospects and clients on potential sources of loss, recent and relevant cyber events, and peer-to-peer benchmarking.
Pascal Millaire, CEO for CyberCube, said: “Crane Agency is a forward-looking insurance business that sees much potential in the cyber market. It’s been a pleasure to work with them and we’re thrilled they’ve chosen to use Broking Manager to assist with understanding their clients’ needs.”
Beth Martin, Management Liability and Cyber Practice Leader, Crane Agency, said: “We’re very excited to be partnering with CyberCube. It’s our firm belief that Broking Manager will provide exceptional insights for our clients at a time when the cyber risk landscape is changing markedly. The pandemic and the shift in working patterns it has generated mean new risks, new modes of cyber attack and new vulnerabilities. With businesses coming to terms with these changes, we see considerable potential for growth in the cyber insurance market.”
Broking Manager complements CyberCube’s two other products: Portfolio Manager and Account Manager, which are designed for risk carriers and are used by leading companies across the insurance ecosystem.
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 software-as-a-service platform helps insurance companies make better decisions when underwriting cyber risk and managing cyber risk aggregation. CyberCube’s enterprise intelligence layer provides insights on millions of companies globally and includes modelling 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 and backing from ForgePoint Capital, HSCM Bermuda, MTech Capital and individuals from Stone Point Capital. For more information, please visit www.cybcube.com or email firstname.lastname@example.org.
About Crane Agency
Crane is your advocate in an uncertain world.
Through innovation and technology, we strive daily to exceed customer expectations with service that is responsive and reliable.
We value long term relationships with our clients, our employees, and the communities we serve. Founded in 1885, Crane has witnessed the turning of two centuries and continues to thrive today by helping protect what matters most.
Our size gives us strength and stability and provides you with peace of mind. We are the oldest independent insurance agency west of the Mississippi and currently ranked as one of the largest privately-held insurance agencies in the country. We conduct business in all 50 states and have strong relationships with the insurance companies we represent, some of which lasting more than 100 years.
Our goal is to provide clients with the best coverage and services to assist in meeting organizational needs and goals. For more information about our value-added services, please contact Crane at www.craneagency.com or call 1-800-264-8722.
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