Cyber risk analytics provider CyberCube has expanded into the Philippines through a partnership with Lacson & Lacson Insurance Brokers. The brokerage has licensed CyberCube’s Broking Manager solution to better understand and communicate the financial impact of cyber threats.
Nate Brink, head of broker partnerships at CyberCube, said: “Cyber insurance adoption in the Philippines remains at an early stage, with most placements still contract-driven. Recognising the growing importance of proactive cyber risk management, Lacson & Lacson chose to license Broking Manager to educate clients better and differentiate its capabilities in the market.”
Lacson & Lacson is part of the Worldwide Broker Network, which has more than 150 members globally.
Nicolas Y. Lacson, chief operating officer, commented: “In a market where cyber insurance adoption is still developing, Broking Manager enables us to take a proactive stance. It helps us articulate the value of cyber coverage, differentiate our expertise, and build lasting trust with clients.”
The deal marks a further step in CyberCube’s expansion across Asia.
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