In the second in a series of sponsor showcase video interviews for , we welcomed Thomas Nuth, the Vice President of Marketing at DeNexus, one of our Bronze sponsors for the conference.DeNexus is a specialist provider of software for cyber risk quantification and its DeRISK Insurance product enables quantification of the cyber risk of industrial enterprise clients and client portfolios for underwriters, helping reinsurers and ILS investors gain visibility and understanding of cyber risks they may face..Nuth told us, “On the one hand we know that cyber risk and loss events are kind of analogous to natural catastrophe, in their impacts and how often they are going to occur.

“But it’s completely different, because cyber risk data is dynamic.It’s one of the first insurance products that the insurance and ILS industries have been able to see in decades.“There’s no vendor agnostic, single source of truth or approach to reconcile that dynamic form of cyber risk data.

“So that’s the main problem, that cyber insurers, reinsurers and ILS investors have when it comes to cyber insurance.There’s not a single source of data, or a disciplined way of calculating their risk exposure.” He also went on to provide detailed thoughts on some of the threat vectors the insurance, reinsurance and ultimately ILS investor markets may face, as well as how DeNexus is developing its tools to help risk markets make more sense of cyber exposure and threats.Hear more on the need for differentiated sources of insurance-linked returns at .

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