LONDON, 20 March, 2023 – CyberCube, the market leader in cyber risk analytics, today announced that brokerage and advisory firm The Plexus Groupe, is using its Broking Manager cyber risk analytics platform.
The Plexus Groupe offers comprehensive benefits, commercial insurance, HR and retirement solutions. It will be utilizing Broking Manager to help clients better understand their unique cyber exposures and inform data-driven risk transfer solutions.
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 analyzing potential financial exposure impacts arising from cyber events that helps clients make informed decisions on coverages and limits.
Nate Brink, CyberCube Sales Manager, said: “We're excited to be supporting the Plexus Groupe. Our platform will provide lifts in operational efficiency and supporting data needed for client conversations around cyber insurance.”
Gerald W. Fawcett, Plexus SVP, P&C Practice Leader and Partner, said: “Our team is focused on finding the best ways to support our clients in managing their risk. By using CyberCube's data we can help clients quantify their unique cyber exposures to better inform insurance coverage and limit decision making."
ENDS
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, Forgepoint Capital, HSCM Bermuda, MTech Capital, individuals from Stone Point Capital and Scott G. Stephenson. For more information, please visit www.cybcube.com or email info@cybcube.com.
About The Plexus Groupe
The Plexus Groupe is recognized as a 2022 Top 100 U.S. Broker by Business Insurance. As an independent insurance advisory firm backed by subject matter experts, innovative resources and its own international network, The Plexus Groupe offers defined practice specialties in Employee Benefits, Property & Casualty, Private Client, Retirement Plans and Benefit Administrative Technology. The Plexus Groupe is headquartered in Deer Park, IL., with additional locations nationwide. Visit www.plexusgroupe.com to learn more.
Contact:
Yvette Essen, Head of Content, Communications & Creative, yvettee@cybcube.com
The Plexus Groupe Press Contact:
Kristina Knapp, Marketing Manager, The Plexus Groupe, kknapp@plexusgroupe.com