Transcript:
Challenges that we face as a broker when explaining cyber risk to our clients?
Clients always want to know what's what's the coverage, you know, what are they on for, what are they trying to buy, but also what's their what their probable loss is? What is the exposures that they're facing? And just articulating that and putting together what the new cycle might actually have as well has always been a challenge. But it's a welcome challenge because now we have tools to be able to further explain that those exposures to the client and explaining cyber risk to the insurance buyer.
CyberCube has allowed us to to give that quantifiable evidence to the client. I think it justifies the the the advice that we're giving in regards to limit purchasing, but it also provides a scientific viewpoint to that as well. I think clients want more from their brokers. They're they're asking more from a from a cyber risk professional and I think it's just, it's fitting for us to be able to offer a report that's built with deep analysis and modeling capabilities to our clients so they can make an informed decision and choice.
Our partnership with CyberCube has been positive to date. It's re-energized the cyber broking team. We've looked globally at our proposition. We've we are a global outlooking broker. And one of the things that I think our proposition needed was the the quantification tools and and reporting and analysis. So we have that, but also it's re-energized the way how we spoke to our clients. We are coming from a position of strength and it's only deep in our expertise to be able to offer them best-in-class service that they are they are looking for from us.
Working with CyberCube has been great. The data and analytics has been very deep and informative. It's what we needed as a brokerage firm. It puts us at the top of the market to that point where we are punching above our weight but also delivering for a positive value proposition for our clients. So, I think anything that enhances the value proposition for our clients while also allowing us to be a cutting edge insurance broker is a positive in my box.
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