Unlocking ILS for cyber risks - Brittany Baker, CyberCube - Artemis ILS NYC 2022 interview

Episode 90,   Feb 22, 2022, 10:47 AM

CyberCube is a specialist in cyber risk modelling and analytics and Brittany Baker, Director of Technical Sales joined us for an interview to discuss her thoughts as to how the insurance-linked securities (ILS) market can be unlocked for cyber risks.

For this one of our sponsor showcase video interviews, for the upcoming Artemis ILS NYC 2022 conference (held April 22nd in New York City), we welcomed Brittany Baker, Director of Technical Sales at CyberCube, one of our Gold sponsors for the conference. 

As ever, we’re looking at the development of the insurance-linked securities (ILS) market with one eye to the future, as is the way with Artemis’ ILS events. You can register for the event online here: https://www.artemis.bm/ils-nyc-2022/ 

CyberCube is a specialist in cyber risk modelling and with this being an area of insurance and reinsurance that has often been described as capacity deprived, for numerous reasons, CyberCube has ambitions to help unlock ILS capacity to support cyber risk underwriting using its advanced technology and risk models. 

Baker explained that education and transparency remain key, in encouraging new capital sources into the cyber insurance and reinsurance market. 

"As insurance groups are able to better understand them a more clear narrative will emerge and it will be easier to demonstrate, even to those who are not cyber security experts. I think that will allow us to bridge the gap between the ILS investor base and the insurance industry," she explained.