CyberCube - FinTecBuzz

CyberCube Estimates AWS Outage Impact on Insurers

October 24, 20254 min

CyberCube, the leading cyber risk analytics provider, has released a preliminary loss estimate for the Amazon Web Services (AWS) outage ranging from $38 million to $581 million. The event, which CyberCube is nicknaming “Amazonk”, is expected to have a loss ratio impact for cyber insurers in the low- to mid-single digits, in keeping with CyberCube’s view that this event presents the potential for only moderate insurance impact. Although the event could play out in a variety of...

by BusinessWire

Insurance

Insurtech MGA Corvus Insurance Partners With CyberCube

November 23, 20214 min

Corvus Insurance, a leading provider of smart commercial insurance products powered by AI-driven risk data, is to use CyberCube’s Portfolio Manager to better analyse and understand cyber risk. In addition to Portfolio Manager, the Boston-based managing general agent (MGA) will also use CyberCube’s Single Point of Failure (SPoF) model and Attritional Loss model as it seeks to grow its business in the current attractive conditions in the insurance market. Corvus Insurance specialises in providing cyber and data breach insurance to enterprises in...