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Lockton Re has taken a step in reshaping its cyber risk management by becoming the first reinsurance broker to deploy CyberCube’s new Exposure Manager (XM) platform. The move highlights a growing demand for sharper visibility into cyber portfolio risk. This reality is driven by the fact that insurers and reinsurers are facing escalating cyber threats, tighter underwriting standards, and pressure for greater transparency.
“XM allows us to dive deeper into the cyber hygiene of client portfolios, identify blind spots, and bring a level of analytical rigor that the cyber market has long needed,” said Oli Brew, head of Lockton Re’s Cyber Centre of Excellence.
Exposure Manager Offers Portfolio-Level Clarity
CyberCube launched XM earlier this month. The tool provides insurers and reinsurers with a quantitative framework for evaluating cyber portfolio risk. The platform translates single-risk data into broader insights. This allows companies to benchmark, audit, and refine their strategies more effectively.
John Anderson, Senior Principal Product Manager at CyberCube, said, “XM was built with and for industry leaders like Lockton Re, who are pushing for clarity and control in an increasingly complex cyber risk landscape.”
Lockton Re’s Strategic Adoption
By implementing XM, Lockton Re gains visibility into client portfolios. The broker can now benchmark exposures, highlight cyber hygiene gaps, and provide data-backed advice for reinsurance transactions.
Oli Brew, head of Lockton Re’s Cyber Centre of Excellence, emphasized XM’s role in improving portfolio oversight. He noted that XM helps detect blind spots and brings needed analytical rigor to cyber risk management.
Industry Collaboration on Risk Transparency
CyberCube worked with industry partners to design XM. John Anderson, CyberCube’s Senior Principal Product Manager, said the adoption reflects a market shift toward transparency and stronger risk controls. “We’re thrilled to support Lockton Re as it leads the market toward a more transparent, data-centric future in cyber risk and exposure management,” added Anderson.
XM positions reinsurers, insurers, and brokers to navigate cyber risk with confidence, ultimately supporting a more sustainable cyber insurance market.
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