mShift Partners with CyberCube to Automate Delivery of Cyber Insurance Analytics

The integration will eliminate the need for redundant data entry and ensure that all cyber proposals include CyberCube reports.

(Image source: mShift website.)

Millennial Shift Technologies Inc. (mShift, Phoenix, Ariz.), has announced a strategic collaboration with cyber risk analytics platform CyberCube (San Francisco).

Ross Wirth, Head of Client Engagement and Technology Partnerships, CyberCube.

mShift is a digital platform that designed to let insurance professionals quickly quote, bind and issue multiple lines of business within the small to medium enterprise (SME) cyber liability space. mShift is partnering with CyberCube to develop an integrated solution to streamline the workflows for insurance producers while supporting an enhanced client experience, according to a CyberCube statement. The integration will eliminate the need for redundant data entry and ensure that all cyber proposals include CyberCube reports.

The partnership will utilize CyberCube’s Broking Manager software, which applies specialized analytics to produce targeted information on a client’s cyber risk profile. CyberCube’s Broking Manager reports enable impactful discussions around company-specific financial exposure and risk transfer benchmarking data that support insurance buyers when making limits and coverage decisions, according to the vendor.

Cyber Risk Transparency for SME Market

“By integrating CyberCube’s Broking Manager reports within the mShift platform, brokers and their clients can effortlessly compare their financial exposure to cyber events against proposed limits,” comments Ross Wirth, Head of Client Engagement and Technology Partnerships, CyberCube. “This partnership will provide cyber risk transparency to the SME insurance market.”

“By including CyberCube’s reports and analytics, we can enable insurance professionals to demonstrate their expertise in cyber insurance and facilitate increased adoption of cyber insurance across SME insurance buyers,” says Mark Meury, Founder and CEO, mShift.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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