Ryan Dodd, CEO and founder of Intangic, shares how his company is transforming the way cyber risk is assessed and managed. With a dynamic, market-based approach, Intangic provides large enterprises with real-time insights into cyber threats and risk, helping them protect themselves more effectively than traditional methods allow.

MGA Intangic is in its second year, backed by AXA XL, and provides a pre-emptive approach to underwriting cyber risks.

The questions we hear from risk managers at large companies with captives are: “Do we have enough of the right cover? Are the captive premiums too high? How can we consistently validate our risk posture? What are the best metrics to report to CEO and Board?”

Changing demands and expectations among large corporate buyers of cyber insurance are driving carriers to compete for market share at a macro level while also addressing concerns around aggregate risk, according to Intangic MGA CEO Ryan Dodd.

The sheer volume of cyber-attacks taking place without corporations knowing lends itself to understanding cyber as a high frequency, low severity risk, thus opening the door for more captive involvement, according to Ryan Dodd, CEO and founder of Intangic.