For actuaries

A maturity score isn’t a frequency. Get a distribution you can price.

Frequency, severity and exceedance curves for each OT submission, with the assumptions written down.

Your first submission runs free on DeRISK™ UWA Standard: one document, read as it arrived, through the standard actuarial engine. It asks the applicant nothing, and a human reviews every output.

Most cyber models were never calibrated for industrial loss.

  1. The Atlantic Council calls the lack of historical incident and claims data “the chief roadblock to effective cyber insurance.”Atlantic Council, 2024
  2. No plant in the catastrophe models.Three leading cyber catastrophe models, compared on one framework, had no industrial scenario theme and no physical-damage cost category, by DeNexus’s reading.Guy Carpenter (now Marsh Re), 2023
  3. Big events are rare.CyberCube counted more than 100 cyber events with catastrophe potential in six years. Only a handful, about one a year, became insurance events.CyberCube, 2023
31 times
Breach data, not broken plants.In an academic set of more than 900 cyber incidents with public cost estimates, no event type covers physical damage. The mean cost was about 31 times the median.Romanosky, Journal of Cybersecurity, 2016

From a form answer to a frequency.

One answer, as the applicant gave it, as the assessment reads it, and as it reaches your model.

1In the submission

Q41: Is the OT network segmented from IT? “Yes.”

2In the assessment

Stated, not verified: it doesn’t say whether that means a VLAN, a firewall, a DMZ or something else. OT confidence 0.20.

3In your model

0.35 loss events a year · 1-in-100 $2.4M · OT confidence stated

What reaches your desk

Generic views of the actuarial section of the committee-ready report, on the Professional tier. One simulated run behind every figure.

Loss outputs

Share of expected annual loss

Probable maximum loss by return period

Frequency and probability by threat

Method and assumptions

Confidence and evidence chain

When the pricing committee asks

Answer the method question in the meeting, not next week.

  1. Ask DeRISK in plain words, and Davy answers from this submission’s own results: the curves, the assumptions and the evidence behind each figure.

Your DeRISK results already hold the answer. Finding it shouldn’t take a meeting.

DeRISK Davy add-on

Davy is the voice; the score, the decision and the report come from DeRISK. Davy runs on frontier AI models, privately inside DeNexus’ own cloud environment. Guardrails at the model boundary. No training on your data. Your conversation history stays in your account, and you can delete it at any time.

DavyAnswers from this submission’s results
Chief actuary

Why is the 1-in-200 so far above the 1-in-100?

The tail comes from single large events: ransomware that reaches OT, and equipment damage. The 1-in-100 year OEP is $2.4M and the 1-in-200 is $3.9M.

Ask DeRISK…
Your own model, if you prefer

Price on your own actuarial model.

DeRISK UWA comes with its own actuarial engine: a Monte Carlo of 100,000 simulations, with an audit trail on every run. Enterprise teams that already price on their own model can replace it and keep the OT exposure inputs that DeRISK builds.

Enterprise tier

A model you can rely on

The method, written down

Simulation method, parameters, calibration data and assumptions, in the report.

A human reviews every output

Nothing reaches pricing without a person, and every run keeps its audit trail.

Your own model, if you prefer

The Enterprise tier substitutes your actuarial model entirely.

Submissions stay private

Each runs in isolation, nothing trains the models, and client data is flushed after the run.

Start free. The full actuarial view comes with Professional.

Free
Standard
Where you start

You add

  • One submission document, in a pre-trained questionnaire format

You get

  • A short report from the standard actuarial engine
Premium
Professional
Most teams

You add

  • Multiple documents and custom submission types

You get

  • The committee-ready report, with the full actuarial view: curves, method, assumptions and evidence chain
  • Add-ons start here
Enterprise
Your own model

You add

  • API access and a single-tenant option

You get

  • Your own actuarial model in place of ours, and your own report
Add-ons
From Professional

Choose

  • DeRISK Davy, DeRISK Consultant and DeRISK Scenario Simulator (coming)

Featured resources

All learning resources
Sample report page on the cover of the paper Modelling Cyber-Physical Loss for Industrial RisksWhitepaper · 14 min read

Modelling Cyber-Physical Loss for Industrial Risks

A maturity score is not a frequency. Industrial cyber-physical loss needs a distribution built from the physical process, not from breach data.

Read the paperSample report (PDF)
Methodology paper · 20 min read

Quantifying OT Cyber Risk: Where FAIR Stops Short

Read the paper →
Learn article

How certain is a cyber risk quantification result?

Read the article →

Put a distribution behind every OT risk, not a score.

Create a free account and run one submission on the Standard tier. It asks the applicant nothing, and you review every output.