Munich Re chooses cyber risk modeling partner

Cyber risk analytics firm CyberCube said Monday that Munich Reinsurance Co. has selected its cyber-risk modeling platform.

Munich Re chief underwriter Stefan Golling, who is based in Munich, said in a CyberCube statement that San Francisco-based CyberCube’s capabilities “will help our underwriting and risk modeling teams in better quantifying cyber risk and understanding potential cyber accumulation scenarios.”

CyberCube said in November it has signed an agreement with CNA Financial Corp. to expand its underwriting capability.