You recognize the importance of having cyber risk data at your fingertips. Here is why you can count on Advisen data.
We compile data from multiple publicly available sources that are researched by our team before being included in our database. Sure, it takes a lot of man-hours to do it, but we think having only one data source doesn’t give you enough data points, and we also want to be sure the data we include will help you make the most informed business decisions.
Our cyber loss data goes through a rigorous process of matching to known company IDs (e.g. D&B and S&P). This means that other financial and demographic information can be attached to the particular company record, once matching is completed. That additional wealth of information is highly valuable for modeling purposes.
Cyber loss data should tell the full story of the cyber events that unfolded. Our database reflects 3 levels of cyber loss occurrences: (1) Incidents (multiple Events); (2) Events; and (3) Event Details. These 3 levels enable modeling of aggregation, accumulation, clash, and portfolio exposure.
Our proprietary cyber loss data is curated by professionals with a wealth of insurance industry expertise, so we understand the implications for the industry – and your business. We match every record to the relevant Line of Business coverage type, so carriers and brokers can associate the data to specific insurance coverages.
Advisen’s data goes through a rigorous quality assurance process, based both on pre-defined rules, as well as manual examination, to ensure records are classified properly.