Paragon teams with CyberCube to help clients manage cyber risk

Paragon International Insurance Brokers has teamed up with CyberCube to roll out the firm’s cyber risk platform, Broking Manager, to its broker network and clients.

Broking Manager quantifies the financial exposure of cyber risks to help clients manage coverages and limits. It also generates information on potential sources of loss, recent cyber events and peer-to-peer benchmarking.

Paragon’s partnership with CyberCube will see it roll out Broking Manager through its boutique broking model.

William Wright, a partner at Paragon, said: “Broking Manager is by far the most complete client advisory tool we’ve seen supporting the cyber insurance vertical. It produces a level of detail and sophistication that we are really excited to share with our clients.”

Pascal Millaire, CEO of CyberCube, said: “It’s extremely exciting that Paragon has chosen to adopt Broking Manager as its cyber analytics tool. This is a forward-thinking business that’s clearly taken a long, hard look at both its own and its clients’ cyber needs. We are looking forward to working with Paragon and developing the insights Broking Manager can deliver for its team.”