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CyberCube, the leading provider of cyber risk modeling and analytics for the insurance industry, has named Chris Methven as Chief Executive Officer, succeeding Pascal Millaire, who transitions to Senior Advisor following the company’s recent $180 million financing and continued market leadership.
CyberCube has announced a key leadership change with the appointment of Chris Methven as Chief Executive Officer, effective immediately. Methven succeeds Pascal Millaire, who has transitioned to the role of Senior Advisor. The move supports CyberCube’s next phase of expansion following its recent $180 million financing led by Spectrum Equity.
Methven has been with CyberCube since April 2020, initially serving as Chief Growth Officer. His extensive experience includes scaling revenue operations and driving market penetration in risk analytics, most notably as Chief Revenue Officer at Achilles, where he oversaw global sales, marketing, account management, operations, and customer programs.
“I’m honoured to be taking on the role of CEO at such an exciting time for the business. I have spent the last six years working directly with our clients and the wider market. I’m very much looking forward to leading the next phase of the company’s growth and development, building on the strong foundations already in place,” said Chris Methven, CEO of CyberCube.
Scott G. Stephenson, Chair of CyberCube’s Board of Directors and former Chairman, President, and CEO of Verisk, commented: “I am delighted to welcome Chris as our new CEO. He has a proven track record of success as Chief Growth Officer at CyberCube. Having worked closely with Chris for a number of years, I know what a committed, dynamic, and inspirational leader he is. His deep knowledge of the business means this transition will be seamless for both our people and our clients. I would also like to take this opportunity to thank Pascal for his hard work and dedication. He has guided the business to a position of real strength, providing the platform for future growth. We are pleased that Pascal will continue to support the company in a senior advisory capacity.”
Pascal Millaire, now Senior Advisor at CyberCube, added: “Chris is a proven leader who deeply understands our business and the criticality of the analytics that we provide to our insurance clients. I have full confidence that under Chris’s leadership, CyberCube will expand its market leadership position as the pre-eminent provider of cyber risk analytics to the global insurance industry.”
CyberCube remains a trusted partner to more than 130 clients across the cyber (re)insurance value chain, including 75% of the top 40 US and European cyber insurers (by gross written premiums) and the majority of the top 20 global brokers. The company’s SaaS platform quantifies cyber risk in financial terms, leveraging data, analytics, artificial intelligence, and expert resources to help insurers and reinsurers manage exposure and build resilience.
The leadership transition reinforces CyberCube’s commitment to innovation and market leadership in cyber risk analytics, supported by its established foundation and recent growth momentum.
About CyberCube
CyberCube is the leading provider of software-as-a-service cyber risk analytics to quantify cyber risk in financial terms. CyberCube leverages data, analytics, artificial intelligence, and human resources to serve insurance institutions globally. The CyberCube platform was established in 2015 within Symantec and has operated as a standalone company since 2018. With offices in San Francisco, New York, Chicago, London, and Tallinn, Estonia, the team is committed to helping organizations and society build resilience to cyber risk.
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