Corax for Brokers
Brokers are using Corax to drill down and show the depth behind metrics such as cyber hygiene, frequency of breach and business interruption and potential average loss, while also modeling interconnectivity amongst a risk ecosystem.
Corax is opening up new opportunities for brokers to discuss cyber in an informed way, and ultimately, to increase cyber insurance sales.
Streamline lead generation. Easily identify new groups of ideal customers and quantify potential cyber losses for your clients and potential clients.
Strengthen negotiations with carriers. Gain the power to justify premium, limit and retentions based on real data. Calculate the likely premium required to meet a specific profit margin and determine the adequacy of your rate online.
Assess the exposure of your attachment point within an insurance tower.
Increase conversion rates by enabling sales conversations. Overcome common objections by providing insight into the likelihood of a cyber event and how much it could cost.
See how Corax can help you sell more cyber insurance
Corax uses machine learning and our proprietary probabilistic and quantification modeling engine to calculate metrics such as cyber hygiene, frequency of breach and business interruption and potential premium.