Company Overview
About CyberCube
CyberCube is a San Francisco-based cyber risk analytics platform for the insurance and reinsurance industry — backed with $100 million+ in total funding including a $50 million Series C in 2022 led by ForgePoint Capital with Morgan Stanley Tactical Value — providing insurers, reinsurers, and brokers with AI-powered cyber risk quantification models for underwriting, portfolio management, and accumulation monitoring. Serving 100+ clients globally including leading insurance groups and Lloyd's syndicates, CyberCube was developed as a division of Symantec from 2015, spun out as an independent company in 2018, and combines Symantec's threat intelligence data heritage with actuarial risk modeling to produce cyber catastrophe models used in reinsurance treaty pricing and cyber insurance line underwriting. Founded in 2015 (independent since 2018).
Business Model & Competitive Advantage
CyberCube's cyber risk analytics platform addresses the underwriting and portfolio management blind spots that expose cyber insurers to correlated loss events: cyber insurance underwriters face a fundamental challenge that property catastrophe modelers solved decades ago — quantifying how a single cyber event (a major ransomware campaign, a cloud provider outage, or a supply chain attack) could simultaneously affect thousands of policyholders, creating correlated losses that exceed single-event assumptions. CyberCube's probabilistic cyber catastrophe models (built on threat intelligence data from Symantec's network of 175 million endpoint sensors, enriched with financial loss data from claims, and calibrated against industry loss events) enable insurers and reinsurers to stress-test portfolios against systemic cyber scenarios, set accumulation limits by threat vector, and price reinsurance treaties with cyber catastrophe loads that reflect actual tail risk.
Competitive Landscape 2025–2026
In 2025, CyberCube competes in the cyber risk analytics, cyber insurance modeling, and insurtech data market with RMS Cyber (Moody's Analytics, catastrophe modeling), AIR Worldwide (Verisk subsidiary, catastrophe models), and Guidewire Cyence (insurtech, acquired by Guidewire) for global insurance carrier and reinsurance firm cyber underwriting analytics and accumulation management platform adoption. The Lloyd's market relationship (Lloyd's mandating cyber accumulation monitoring) provides CyberCube with structural demand from the London market. The 2025 strategy focuses on expanding the single-risk underwriting product (helping primary insurers price individual accounts), building the regulatory solvency capital model (Solvency II cyber catastrophe scenario requirements for European insurers), and growing the broker analytics platform for cyber specialty broker market analysis.
The CyberCube Story
Founders
Recent Activity
View all →Each month, we review AI incidents and near misses we've learned about, some recent and some newly reported. We test each one against CyberCube's AI Event Framework to see what it means for (re)insurers.
Client expectations have shifted. Businesses of all sizes now expect their brokers to speak confidently about cyber risk, and not as a niche specialist add-on, but as a fundamental part of account management. When that conversation doesn't happen, client dissatisfaction grows. So does churn.
For the past two years, many organizations have treated large language models as productivity tools. They have been used to write emails, summarize documents, draft code, analyze data, and accelerate knowledge work. In that framing, the central risk question has often been: Is the model accurate?
When a risk model’s exposure data is refreshed, does that count as a model change for governance purposes?
Material Event filed 2026-09-14
AI has moved past the pilot stage. It's drafting code, handling customer service, and increasingly making decisions that used to require a person. That shift changes the risk conversation for every business that uses it, and for every insurer that covers them.
Material Event filed 2026-07-31
Quarterly Report filed 2026-07-31
Company Timeline
Major milestones in CyberCube's journey
Leadership Team
Meet the leaders behind CyberCube
Pascal Millaire
Pascal Millaire serves as CEO and led CyberCube's evolution from a Symantec division to an independent company. He brings deep expertise in both cybersecurity and the insurance industry, guiding the company's vision to transform cyber risk analytics.
Ashwin Kashyap
Ashwin Kashyap founded CyberCube and leads the data, analytics, and product vision. He defines the strategic direction for CyberCube's innovative cyber risk modeling solutions and serves as the voice of the customer within the organization.
Michael Varshavski
Michael Varshavski oversees operational excellence at CyberCube, ensuring the company's platforms and services deliver maximum value to insurance industry clients worldwide.
Don Dixon
Don Dixon serves as an independent board member, providing strategic guidance to CyberCube's leadership team.
Mike S. Rogers
Former Director of the NSA and Commander of US Cyber Command, Mike Rogers brings unparalleled cybersecurity expertise to CyberCube's board, enhancing the company's strategic position in the insurance industry.
Key Differentiators
Emerging Innovator
CyberCube is an emerging player bringing innovative solutions to the Security market.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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