MAPFRE RE Partners with CyberCube to Strengthen Cyber Risk Management and Expand Market Reach
MAPFRE RE Partners with CyberCube to Strengthen Cyber Risk Management and Expand Market Reach
MAPFRE RE has entered into a strategic three-year partnership with CyberCube to enhance its cyber risk management capabilities and expand its presence in emerging markets.

Under the agreement, the global reinsurer will license CyberCube’s suite of solutions, including its cyber accumulation tools, to better assess and manage cyber risks.

The collaboration reflects MAPFRE RE’s commitment to leveraging advanced analytics and innovative technology to meet the growing demand for cyber insurance. By integrating CyberCube’s expertise and data-driven solutions, MAPFRE RE aims to strengthen its position in the cyber insurance space and improve risk assessment for its clients.

“At MAPFRE RE, we are committed to equipping ourselves with the most advanced tools and solutions to address the evolving challenges of cyber risk,” said Oscar Taboada, Head of Cyber at MAPFRE RE. “CyberCube’s solutions will enhance our ability to manage cyber accumulations effectively and expand our footprint in different markets. We are excited to embark on this long-term partnership and look forward to mutual success.”

CyberCube’s cutting-edge analytics will support MAPFRE RE in achieving more accurate risk modeling and accumulation management. Juan Marcano, Principal of Alternative Risk Transfer at CyberCube, highlighted the value of the collaboration: “MAPFRE RE chose CyberCube due to our knowledge, experience, and unparalleled cyber expertise, which positioned us as the ideal partner for its accumulation management objectives. Our suite of solutions aligns with MAPFRE RE’s needs, and we are delighted to support its ambitious plans for growth and innovation in the cyber insurance space.”

This partnership underscores both companies’ shared vision of fostering innovation and driving growth in the global cyber insurance market.

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