Trium Cyber is Working With CyberCube

The latest client win for CyberCube, here’s the word;

Trium Cyber, the authorized service company for Syndicate 1322 at Lloyd’s, is leveraging CyberCube’s cyber risk analytics platform, Portfolio Manager, and its accompanying CyberConnect API product.

In 2023, Trium launched as the first ever Lloyd’s-approved mono-line Cyber syndicate, providing coverage to US-domiciled risks. Shortly thereafter, Trium expanded its offerings to include a UK platform and is focused on providing risk transfer solutions to a global pool of high-quality clients who demonstrate superior security hygiene. The surplus lines insurer was established around a core of industry-leading professionals using the latest proprietary underwriting methodology, cyber risk management, and loss mitigation services. Trium aims to utilize CyberCube’s Software-as-a-Service application to further enhance its data and analytics capabilities, providing visibility into individual account and aggregate risk, and ultimately supporting the construction of a consistently profitable cyber portfolio.

Portfolio Manager (PM) is a scenario-based data-driven model that enables risk professionals to develop insights for their senior leadership and teams. It also allows stress testing of insurance risk portfolios so that loss drivers and areas of accumulation risk can be identified. CyberConnect APIs for Portfolio Manager unlock the power of PM via API, allowing for automation and efficiency gains, tighter workflow integration, and sensitivity testing at scale.

Dave Gillmore, CyberCube’s Head of Global Sales, said: “We’re excited to be working with the team at Trium as it establishes itself in the cyber specialty insurance market. By partnering with CyberCube, Trium will gain direct access to curated datasets, models, and signals to be able to confidently make data-driven decisions.”

Josh Ladeau, Trium’s CEO, said: “As a trusted name demonstrating deep expertise for cyber risk analytics, CyberCube makes a strong partner for us as we embark on the next stage of our cyber journey.”