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CyberCube vs Jupiter Intelligence — Data platform for US insurance, 2026.

CyberCube (7 named carriers) and Jupiter Intelligence (8 named carriers) both sit at the data platform layer. Zero customer overlap in the public roster — they are addressing different segments of the same stack layer.

Last verified 2026-05-27 · methodology

TL;DR

  • CyberCube has 7 publicly-named carrier deployments; Jupiter Intelligence has 8. Both at the data platform layer.
  • Zero customer overlap in the public roster. CyberCube and Jupiter Intelligence are addressing different carriers within the same stack layer.
  • Both classified ai-native on Phidea's generation axis.
  • Ownership contrast: CyberCube is PE-owned (Spectrum Equity (cornerstone investor, 2025); Forgepoint Capital, Hudson Structured Capital Management, MTech Capital (existing)); Jupiter Intelligence is independently held.
  • Analyst coverage: 1 firm cover both, 2 only CyberCube, 3 only Jupiter Intelligence.

Customer overlap

BucketCount
Named on CyberCube only7
Named on Jupiter Intelligence only8
Named on both0
of which US-named on at least one side0

Only on CyberCube

  • Munich Re (global)
  • Guy Carpenter (global)
  • Hannover Re (global)
  • MAPFRE RE (global)
  • Relm Insurance Ltd (US)
  • Elpha Secure (US)
  • Converge (US)

Only on Jupiter Intelligence

  • MS&AD Insurance Group (Japan)
  • Liberty Mutual (US)
  • Zurich Insurance Group (Switzerland)
  • Chubb (US/Global)
  • Aon (Global)
  • Lloyd's syndicates (Lloyd's Lab Cohort 6) (UK)
  • Nephila Capital (Bermuda)
  • QBE Insurance Group (Australia)

Counts derived from 16sourced carrier-deployment entries across both vendor cards. Aggregate-only statements (e.g. “16 of the top 20”) excluded.

Stack position

CyberCube
Generation
ai-native
Stack layer
Data platform
Founded
2015
Lines
commercial, specialty
Jupiter Intelligence
Generation
ai-native
Stack layer
Data platform
Founded
2017
Lines
home, commercial, specialty, reinsurance

Ownership and corporate context

CyberCube
Type
private-equity
Parent
Spectrum Equity (cornerstone investor, 2025); Forgepoint Capital, Hudson Structured Capital Management, MTech Capital (existing)

Source: CyberCube

Jupiter Intelligence
Type
independent

Source: GlobeNewswire

Carrier-segment specialization

CyberCube — geographic split

  • global
    4
  • US
    3

Jupiter Intelligence — geographic split

  • Japan
    1
  • US
    1
  • Switzerland
    1
  • US/Global
    1
  • Global
    1
  • UK
    1
  • Bermuda
    1
  • Australia
    1

Analyst coverage differential

Both covered by
  • Reinsurance News · CyberCube (2025: CyberCube secures over $180m investment from Spectrum Equity) · Jupiter Intelligence (2020: Climate data start-up Jupiter raises capital from Liberty Mutual, MS&AD)
Only CyberCube cited by
  • Artemis (2025: Cyber cat bond modeller CyberCube gets $180m investment from Spectrum Equity)
  • The Insurer / Cyber Risk Insurer (2025: CyberCube raises over $180 million from new investor Spectrum Equity)
Only Jupiter Intelligence cited by
  • Axios (2021: Climate risk analytics company Jupiter Intelligence raises $54 million)
  • InsTech London (2021: In conversation with Jupiter Intelligence)
  • Lloyd's of London (2021: Jupiter Intelligence — Lloyd's Lab Alumni (Cohort 6))

Recent news (last 12 months)

No news items in the last 12 months for either tool.

Sourced limitations

CyberCube
  • CyberCube is a data and analytics provider, not a risk-bearing entity. Unlike Coalition or At-Bay, it takes no underwriting risk and holds no MGA authority — revenue is SaaS/licensing against (re)insurer budgets, so growth tracks cyber analytics wallet rather than direct-to-SMB premium volume. This is a narrower, more cyclical buyer base than a full-stack MGA.
    Source: CyberCube
  • Cyber catastrophe modelling is still a young, model-diverse category. CyberCube's Portfolio Manager dominates third-party cyber ILS modelling, but the legacy cat-modelling incumbents (Verisk's Extreme Event Solutions, Moody's RMS) also ship cyber models, and large carriers maintain in-house experience-based models alongside. The third-party layer is additive, not yet regulatory-mandated the way nat-cat modelling is in Solvency II / RBC capital filings.
    Source: Forgepoint Capital
  • Independent analyst recognition (Gartner, Forrester, Celent) on cyber risk analytics for insurance is thin at the category level — the market is covered primarily by specialist trade press (Artemis, Reinsurance News, Insurance Insider, The Insurer) rather than horizontal IT analysts. Buyers validate CyberCube through reinsurer and broker references, not Magic Quadrants.
    Source: Artemis
Jupiter Intelligence
  • Jupiter does not underwrite, broker, or transfer risk. It sells data and analytics. A carrier still has to plug the output into its own pricing models, accumulation tools, and reinsurance treaties for it to change a quote, a portfolio cap, or a treaty cession.
    Source: Jupiter Intelligence
  • All forward-looking climate analytics carry uncertainty from emissions scenarios, climate-model spread, and downscaling assumptions. Jupiter itself acknowledges in the InsTech interview that future climate analytics have multiple sources of uncertainty, which it tries to surface transparently rather than collapse into a single number.
    Source: InsTech
  • Jupiter's published customer base skews toward banking, asset management, energy, and large corporates. On the insurance side most named relationships are with companies that are also investors (Liberty Mutual, MS&AD, QBE, Nephila); independent commercial references from primary US P&C carriers outside this investor circle are not publicly disclosed.
    Source: GlobeNewswire
  • No placement in Gartner, Forrester, Celent, or Novarica leader quadrants for insurance climate-risk or physical-risk analytics as of May 2026. Third-party recognition is concentrated in trade press (Reinsurance News, Carrier Management, Commercial Risk, InsTech), tech press (Axios, TechCrunch), and the Lloyd's Lab Cohort 6 alumni listing.
    Source: Axios

Limitations published on Phidea are sourced to the underlying citation and reflect what is publicly named — not an exhaustive list. Consult the vendor card for the full record.

Frequently asked

Do any carriers run both CyberCube and Jupiter Intelligence?
Not in Phidea's public roster. Across 15 sourced carrier-deployment entries on both vendor cards, zero carriers appear on both. The two tools are addressing different carriers within the same stack layer.
Who owns CyberCube and Jupiter Intelligence?
CyberCube is PE-owned (Spectrum Equity (cornerstone investor, 2025); Forgepoint Capital, Hudson Structured Capital Management, MTech Capital (existing)). Jupiter Intelligence is independently held.
Which has more named US carriers?
CyberCube has the larger publicly-named US roster: CyberCube 3, Jupiter Intelligence 1. Public-roster size is a coverage signal, not a quality signal — vendors with stronger NDAs may have larger actual US footprints than the public count shows.
Where are these tools positioned in the insurance stack?
Both sit at the data platform layer. CyberCube operates as a standalone vendor; Jupiter Intelligence operates as a standalone vendor.

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