India’s cybersecurity concerns are rising amid digital growth, and new insurance tools aim to address evolving threats.
K.M. Dastur Reinsurance Brokers has partnered with CyberCube to adopt the Broking Manager platform to improve cyber risk management for Indian businesses. This marks a significant development in India’s expanding cyber insurance landscape.
CyberCube’s Broking Manager helps brokers model financial exposure, track threat trends, and provide comparative benchmarking. It is specifically designed for insurance intermediaries and supports consultative client engagement.
Data-Driven Tools for Indian Insurance Brokers
K.M. Dastur’s cyber team will use the platform to deliver tailored insights to current clients and new prospects. The company cites growing client demand for clear, actionable information on cyber risks.
Sriharsha KVR, Senior Vice President at K.M. Dastur, stated the tool supports their growth and strengthens cyber insurance offerings. “Our clients seek deeper insight into evolving threats. Broking Manager lets us deliver that,” he said.
Global Expertise Supports Local Market Growth
CyberCube’s Nate Brink welcomed the partnership as part of a broader effort to support brokers in emerging markets. “Broking Manager enables brokers to explain cyber exposure in financial terms. This helps clients make better insurance decisions,” he said.
Cybercrime on the Rise in a Fast-Growing Economy
India’s demand for cyber insurance has grown sharply, driven by rapid digital adoption and a booming e-commerce sector. The country ranks tenth globally in cybercrime risk, according to Cyble. Common threats include phishing, ransomware, and financial fraud.
The Indian government is investing in cybersecurity infrastructure, but cybercriminals remain aggressive. With the IMF projecting 6.2% economic growth for India in 2025, outpacing China and the U.S., exposure to cyber risk continues to increase.
Cyber insurance in India is emerging as a critical tool for protecting both public and private sectors. This latest collaboration reflects a rising awareness of cyber risk management as essential to business continuity.
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