MAPFRE RE, the reinsurance arm of Madrid-based insurer MAPFRE, has entered into a three-year agreement with CyberCube, a provider of cyber risk analytics, to license its suite of solutions.
This partnership reinforces MAPFRE RE’s commitment to strengthening its cyber risk management capabilities.
Under the agreement, MAPFRE RE will use CyberCube’s suite of products, including its cyber accumulation solution, to enhance its risk assessment and management strategies.
The collaboration aims to bolster MAPFRE RE’s presence in the growing cyber insurance market by leveraging CyberCube’s expertise and tools. It aligns with both companies’ vision of driving innovation and growth in the sector.
Juan Marcano, Principal Alternative Risk Transfer at CyberCube, said, “MAPFRE RE chose CyberCube due to our knowledge, experience and unparalleled cyber expertise that positioned us as the ideal partner for its accumulation management objectives. Our comprehensive suite of solutions and services were aligned with MAPFRE RE needs. We are delighted to support its ambitious plans for growth and innovation in the cyber insurance space.
