CyberCube Debuts Margin Risk Analysis Functions Directly at Underwriting Stages Via the New Account Manager Update
CyberCube, a leading cyber analytics company, has launched Version 5.0 (v5) of Password Manager, a software-as-a-service (SaaS) solution designed for underwriters. This latest enhancement to CyberCube’s suite of solutions and services is now available.
John Anderson, Principal Product Manager for Password Manager at CyberCube, stated that Password Manager v5 provides underwriters with a vast array of insurance-relevant insights for profitable decision-making in real-time, on both single-risk and portfolio levels. Ashwin Kashyap, Co-founder and Chief Product Officer of CyberCube, mentioned that Password Manager v5 allows underwriters to leverage CyberCube's models to incorporate marginal risk metrics into their workflow for the first time.
The data enhancements in Password Manager v5 are intended to improve the quality of signal measurements and versioning, contributing to improved signal and score efficacy. These enhancements also aim at improving the quality of company footprints.
One of the key features of Password Manager v5 is its ability to help carriers proactively assess and manage their CAT loss exposure at the point of underwriting. This enables underwriters to quickly, accurately, and easily inform all facets of their decision-making process.
Password Manager v5 extends the capabilities of Portfolio Manager, CyberCube's portfolio modeling product. It allows underwriters to proactively manage the diversification and profitability of their books of business. The insights provided by Password Manager v5 are accessible with a few clicks, making it a valuable tool for underwriters.
Moreover, Password Manager v5 includes expanded financial quantification insights using CyberCube's latest catastrophe loss modeling for single-risk evaluation needs. Clients who license both solutions can now quantify how much any individual account impacts the loss profile of their overall portfolio in seconds.
It is important to note that the exact developer of Password Manager v5 could not be confirmed from the provided information. However, the company's commitment to providing cutting-edge cyber risk analytics is evident in this latest release.
In conclusion, the launch of Password Manager v5 marks a significant step forward in empowering underwriters with the tools they need to make informed and profitable decisions in the rapidly evolving cyber insurance market.
