CyberCube, a provider of cyber risk analytics for the insurance industry, has expanded its presence in Asia through a new partnership in the Philippines.
With Broking Manager, Lacson & Lacson will be able to apply data-driven insights to assess and communicate the financial impact of cyber risks. The partnership supports the brokerage’s efforts to enhance its capabilities in addressing cyber exposure in a growing market.
Nate Brink, Head of Broker Partnerships at CyberCube, said: “Cyber insurance adoption in the Philippines remains at an early stage, with most placements still contract-driven. Recognising the growing importance of proactive cyber risk management, Lacson & Lacson chose to license Broking Manager to educate clients better and differentiate its capabilities in the market.”
Lacson & Lacson is part of the Worldwide Broker Network (WBN), the largest integrated network of property and casualty brokers and employee benefits consultants, comprising more than 150 member firms globally.
Nicolas Y. Lacson, Chief Operating Officer of Lacson & Lacson, commented: “In a market where cyber insurance adoption is still developing, Broking Manager enables us to take a proactive stance. It helps us articulate the value of cyber coverage, differentiate our expertise, and build lasting trust with clients.”
CyberCube’s Broking Manager is an analytics platform developed for insurance intermediaries. It helps brokers present cyber risk information to clients and provides financial exposure and benchmarking data to support cyber insurance recommendations.
The partnership with Lacson & Lacson extends CyberCube’s presence in Asia and reflects its ongoing role in supporting the region’s insurance markets as they adapt to digital developments.
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