Falcon Risk Services, a majority-owned MGA under HDI Global Specialty, which is a subsidiary of HDI Global SE, has partnered with ArxNimbus, a company in cybersecurity risk management, to reshape the approach to cyber risk quantification.
This collaboration merges Falcon Risk Services’ broad insurance expertise with ArxNimbus’ advanced actuarial-based cyber risk quantification (ACRQ) technology.
The partnership is expected to significantly enhance the way cyber risks are evaluated and how insurance policies are developed.
“Our partnership with ArxNimbus marks a significant leap forward in our underwriting capabilities,” added John Merchant, Head of Cyber and Professional Liability at Falcon Risk Services.
“By leveraging ArxNimbus’ advanced risk quantification and analysis tools, we’re poised to offer our insureds more precise, tailored, and competitive cyber insurance solutions.”
