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Risk Analytics
Business Honor
02 April, 2025
Empowering brokers worldwide with advanced AI-driven insights for better cyber risk management.
Cyberwrite, a leader in cyber risk modeling, has announced an expanded partnership with Howden, enhancing cyber risk analytics across 52 countries and available in seven languages. This strategic collaboration enables Howden’s brokers globally to assess cyber risks more effectively, providing businesses with critical insights to optimize their insurance coverage and manage exposure to growing cyber threats.
The partnership leverages Cyberwrite’s patented 4SEEN® technology, an AI-driven platform that delivers real-time risk reports and benchmarking data. These advanced analytics help brokers offer clients actionable recommendations, improve underwriting accuracy, and streamline the policy optimization process. This is particularly valuable as the cyber insurance market is projected to reach $50 billion by 2030.
“Cyber insurance is becoming an essential part of business resilience, and Howden is leading the charge in delivering smarter cyber risk solutions globally,” said Nir Perry, CEO and Founder of Cyberwrite. The integration of Cyberwrite’s analytics into Howden’s Cyber+ system enhances real-time reporting, giving insurers and brokers a competitive edge in a rapidly evolving landscape.
Howden’s 2024 cyber report highlights a 15% decrease in insurance pricing from its 2022 peak, along with increased insurer confidence to raise limits, remove ransomware-related restrictions, and lower retention levels. Cyberwrite’s data-driven approach supports these shifts, helping insurers make informed underwriting decisions and better assess portfolios.
Cyberwrite’s expertise also extends to catastrophe modeling, providing comprehensive risk assessments for reinsurance brokers. This partnership underscores the growing importance of advanced risk analytics in strengthening global cyber insurance markets.