{"id":686167,"date":"2022-09-16T08:58:05","date_gmt":"2022-09-16T12:58:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/at-bay-selects-guidewire-cyence-to-enhance-cyber-portfolio-accumulation-risk-management-and-further-propel-market-growth\/"},"modified":"2022-09-16T08:58:05","modified_gmt":"2022-09-16T12:58:05","slug":"at-bay-selects-guidewire-cyence-to-enhance-cyber-portfolio-accumulation-risk-management-and-further-propel-market-growth","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/at-bay-selects-guidewire-cyence-to-enhance-cyber-portfolio-accumulation-risk-management-and-further-propel-market-growth\/","title":{"rendered":"At-Bay Selects Guidewire Cyence to Enhance Cyber Portfolio Accumulation Risk Management and Further Propel Market Growth"},"content":{"rendered":"

<\/p>\n

At-Bay Selects Guidewire Cyence to Enhance Cyber Portfolio Accumulation Risk Management and Further Propel Market Growth<\/b><\/p>\n

SAN FRANCISCO & SAN MATEO, Calif.–(BUSINESS WIRE<\/a>)–At-Bay<\/a>, the insurance provider for the digital age, and Guidewire<\/a> (NYSE: GWRE) today announced that At-Bay has chosen Guidewire\u2019s cyber risk modeling and analytics product, Cyence, to further bolster its view, and management of, aggregation risk, within its growing cyber insurance portfolio.\n<\/p>\n

\n\u201cCyber risk aggregation is an important area of risk that every insurer should be actively monitoring and managing within their cyber portfolio. Investing in the right data capabilities, tools, and mechanisms for monitoring and sizing aggregation risk exposure is critical to managing cyber insurance risk in today\u2019s fast changing threat landscape,\u201d said Roman Itskovich, At-Bay\u2019s Chief Risk Officer and Co-Founder.\n<\/p>\n

\n\u201cWith At-Bay\u2019s steadfast focus on proactive risk management, Guidewire\u2019s solution will help us to expand our data capabilities and toolkit for proactive risk management, so that we can continue to deliver great loss results,\u201d Itskovich added.\n<\/p>\n

\nBy combining world-class technology with industry-leading insurance expertise, At-Bay aims to provide the clarity and confidence that businesses need to address digital risk head on. Founded in 2016, At-Bay protects tens of thousands of business customers from today\u2019s ever growing cyber threat landscape. With its in-house data collection capabilities aimed at addressing attritional risk in the selection, pricing, and active risk management of its portfolio, At-Bay will now expand its focus to aggregated risk exposures.\n<\/p>\n

\n\u201cWe selected Guidewire because it has a strong reputation for being one of the top cyber risk vendors, especially for transparency, in-house data collection, and market validation,\u201d said Yoshifumi Yamamoto, Director of Cyber Risk Modeling, At-Bay. \u201cBy applying Cyence\u2019s advanced risk models and detailed aggregated risk scenarios to our own active risk monitoring capabilities and claims experience, we believe that we will be able to further enhance our underwriting and portfolio risk management decisions, and maintain a strong loss performance as our book grows.\u201d\n<\/p>\n

\nCommenting on the news, Charles Clarke, Group Vice President, Analytics Sales & Advisory, Guidewire, said, \u201cWe admire At-Bay\u2019s use of Cyence to expand its modeling capabilities to account for aggregated risk. We are pleased by their vote of confidence in our cyber capabilities and look forward to infusing data analytics to help At-Bay\u2019s clients meet digital risk head-on.\u201d\n<\/p>\n

About At-Bay, Inc.<\/b><\/p>\n

\nAt-Bay is the insurance provider for the digital age. By combining world-class technology with industry-leading insurance expertise, At-Bay was designed from the ground up to empower businesses to thrive in the digital world. At-Bay is backed by Acrew Capital, Glilot Capital, the HSB fund of Munich Re Ventures, Icon Ventures, ION Crossover Partners, Khosla Ventures, Lightspeed Venture Partners, M12, entrepreneur Shlomo Kramer, and Qumra Capital. www.at-bay.com<\/a><\/p>\n

About Guidewire Software<\/b><\/p>\n

\nGuidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. \u200bWe combine digital, core, analytics, and AI to deliver our platform as a cloud service. Approximately 520 insurers in 38 countries, from new ventures to the largest and most complex in the world, run on Guidewire.\n<\/p>\n

\nAs a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.\n<\/p>\n

\nFor more information, please visit www.guidewire.com<\/a> and follow us on Twitter<\/a> and LinkedIn<\/a>.\n<\/p>\n

\nNOTE: For information about Guidewire\u2019s trademarks, visit https:\/\/www.guidewire.com\/legal-notices<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20220916005080\/en\/<\/a><\/span><\/p>\n

\nDiana Stott
\n
Director, Communications
\n
Guidewire Software, Inc.
\n
+1 650.781.9955
\n
dstott@guidewire.com<\/a><\/p>\n

\nJackie Gray
\n
Communications Manager
\n
At-Bay, Inc.
\n
jackieg@at-bay.com<\/a><\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Insurance Security Professional Services Software Internet Data Analytics Data Management Artificial Intelligence<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
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<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

At-Bay Selects Guidewire Cyence to Enhance Cyber Portfolio Accumulation Risk Management and Further Propel Market Growth SAN FRANCISCO & SAN MATEO, Calif.–(BUSINESS WIRE)–At-Bay, the insurance provider for the digital age, and Guidewire (NYSE: GWRE) today announced that At-Bay has chosen Guidewire\u2019s cyber risk modeling and analytics product, Cyence, to further bolster its view, and management of, aggregation risk, within its growing cyber insurance portfolio. \u201cCyber risk aggregation is an important area of risk that every insurer should be actively monitoring and managing within their cyber portfolio. Investing in the right data capabilities, tools, and mechanisms for monitoring and sizing aggregation risk exposure is critical to managing cyber insurance risk in today\u2019s fast changing threat landscape,\u201d said Roman Itskovich, At-Bay\u2019s Chief … <\/p>\n

Continue reading “At-Bay Selects Guidewire Cyence to Enhance Cyber Portfolio Accumulation Risk Management and Further Propel Market Growth”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-686167","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAt-Bay Selects Guidewire Cyence to Enhance Cyber Portfolio Accumulation Risk Management and Further Propel Market Growth - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/at-bay-selects-guidewire-cyence-to-enhance-cyber-portfolio-accumulation-risk-management-and-further-propel-market-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"At-Bay Selects Guidewire Cyence to Enhance Cyber Portfolio Accumulation Risk Management and Further Propel Market Growth - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"At-Bay Selects Guidewire Cyence to Enhance Cyber Portfolio Accumulation Risk Management and Further Propel Market Growth SAN FRANCISCO & SAN MATEO, Calif.–(BUSINESS WIRE)–At-Bay, the insurance provider for the digital age, and Guidewire (NYSE: GWRE) today announced that At-Bay has chosen Guidewire\u2019s cyber risk modeling and analytics product, Cyence, to further bolster its view, and management of, aggregation risk, within its growing cyber insurance portfolio. \u201cCyber risk aggregation is an important area of risk that every insurer should be actively monitoring and managing within their cyber portfolio. Investing in the right data capabilities, tools, and mechanisms for monitoring and sizing aggregation risk exposure is critical to managing cyber insurance risk in today\u2019s fast changing threat landscape,\u201d said Roman Itskovich, At-Bay\u2019s Chief … Continue reading "At-Bay Selects Guidewire Cyence to Enhance Cyber Portfolio Accumulation Risk Management and Further Propel Market Growth"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/at-bay-selects-guidewire-cyence-to-enhance-cyber-portfolio-accumulation-risk-management-and-further-propel-market-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-16T12:58:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20220916005080r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/at-bay-selects-guidewire-cyence-to-enhance-cyber-portfolio-accumulation-risk-management-and-further-propel-market-growth\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/at-bay-selects-guidewire-cyence-to-enhance-cyber-portfolio-accumulation-risk-management-and-further-propel-market-growth\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"At-Bay Selects Guidewire Cyence to Enhance Cyber Portfolio Accumulation Risk Management and Further Propel Market Growth\",\"datePublished\":\"2022-09-16T12:58:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/at-bay-selects-guidewire-cyence-to-enhance-cyber-portfolio-accumulation-risk-management-and-further-propel-market-growth\\\/\"},\"wordCount\":661,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/at-bay-selects-guidewire-cyence-to-enhance-cyber-portfolio-accumulation-risk-management-and-further-propel-market-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20220916005080r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/at-bay-selects-guidewire-cyence-to-enhance-cyber-portfolio-accumulation-risk-management-and-further-propel-market-growth\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/at-bay-selects-guidewire-cyence-to-enhance-cyber-portfolio-accumulation-risk-management-and-further-propel-market-growth\\\/\",\"name\":\"At-Bay Selects Guidewire Cyence to Enhance Cyber Portfolio Accumulation Risk Management and Further Propel Market Growth - 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