Global specialty re/insurance broker Consilium has partnered with CyberCube to offer client access to its cyber risk analytics platform.

The Broking Manager service provides data-driven insights for a deeper understanding of a client’s cyber risk exposure. It quantifies cyber risk in financial terms, benchmarks client exposures against peers, and provides data-backed recommendations to support cyber insurance risk management and placement decisions, including selecting appropriate coverage limits. The service will be offered to clients for free as part of Consilium’s quoting process.

Ethan Godlieb, associate partner for cyber, tech and fintech at Consilium, said: “CyberCube’s Broking Manager platform provides valuable benchmarking and financial loss analytics for clients and gives us a valuable competitive edge – supporting our growth ambitions globally. At any point in the cycle, but particularly in a soft market, clients need robust data-driven insights to help them understand their cyber risk exposure, select appropriate coverage limits, and make informed insurance purchasing decisions.”

Nate Brink, head of broker sales and account management at CyberCube, added: “Brokers play a vital role in helping organisations navigate an increasingly complex cyber risk landscape. By leveraging CyberCube’s analytics, Consilium will be able to support clients globally in selecting appropriate cyber insurance limits while strengthening its international cyber offering.”