CyberCube, a cyber risk analytics provider, has joined forces with Austrian insurance broker Koban Südvers, its first broker client in Austria.
The move adds to CyberCube’s presence in the Germany, Austria and Switzerland region.
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CyberCube broker partnerships head Nate Brink said: “This partnership reflects both our continued momentum in Europe and the strength of our collaboration within the WBN network. Koban Südvers has demonstrated a clear commitment to advancing its cyber offering, and we are excited to support its ambitions with our analytics.”
Koban Südvers operates 11 offices in Austria.
The owner-run brokerage advises industrial, commercial and private customers and is part of the Worldwide Broker Network (WBN).
Under the agreement, Koban Südvers will use CyberCube’s Broking Manager and Prep Module to assess clients’ cyber risk exposure and security position.
The arrangement is intended to support the broker’s cyber advisory work.
Koban Südvers risk and insurance technique managing director Florian Traussnig said: “We are actively growing our cyber insurance portfolio and advancing our cyber strategy, creating strong alignment with CyberCube’s analytics capabilities. The use of Broking Manager will support us in delivering more sophisticated, quantifiable insights to clients, strengthening our position as a trusted cyber risk advisor.”
Earlier this year, United Insurance Brokers, a Lloyd’s broker with international operations, reached an agreement with CyberCube for its cyber insurance business. UIB will also use CyberCube’s Broking Manager and Prep Module.
Founded within Symantec in 2015, CyberCube has operated independently since 2018. The company is headquartered in San Francisco, US, with additional offices in New York, Chicago, London, and Tallinn, Estonia.
