CyberCube has announced the appointment of Chris Methven as Chief Executive Officer, marking a clear transition into the company’s next stage of development following its recent $180 million financing led by Spectrum Equity. Methven succeeds Pascal Millaire, who steps into the role of Senior Advisor after leading the company from its inception through a period of rapid growth and market consolidation. It’s a handover that feels deliberate rather than dramatic, more relay race than reset, with the baton passed to someone already running at full speed inside the organization.
Methven joined CyberCube in April 2020 as Chief Growth Officer and has since become a central figure in shaping its commercial trajectory, working closely with insurers, reinsurers, and brokers as cyber risk modeling moved from a niche specialty to a board-level necessity. His promotion reflects both continuity and confidence: continuity in strategy, culture, and client relationships, and confidence that the company is ready to scale further as cyber insurance matures into a more rigorously quantified financial market. Before CyberCube, Methven served as Chief Revenue Officer at Achilles, a supply chain risk analytics business, where he held global responsibility across sales, marketing, operations, and customer programs, experience that maps neatly onto CyberCube’s increasingly complex client ecosystem.
In his first comments as CEO, Methven framed the moment as one of opportunity rather than transition fatigue, noting that years spent working directly with clients and the wider market have given him a grounded understanding of both the demand for cyber risk analytics and the responsibility that comes with it. His focus, as he describes it, is on building the next phase of growth on foundations that are already strong, a phrasing that subtly reassures insurers wary of sudden shifts in leadership at critical vendors.
That reassurance was echoed by Scott G. Stephenson, Chair of CyberCube’s Board of Directors and former Chairman, President, and CEO of Verisk, who emphasized Methven’s proven leadership and deep familiarity with the business. Stephenson described the transition as seamless for both employees and clients, a notable point in an industry where trust, continuity, and model stability matter as much as innovation. He also underscored Millaire’s role in building CyberCube into a position of strength and welcomed his continued involvement as Senior Advisor, signaling that institutional memory and strategic context are not being left behind.
For his part, Millaire expressed full confidence in Methven’s leadership, highlighting his understanding of the critical role CyberCube’s analytics play for insurance clients grappling with systemic cyber risk. It’s an endorsement that carries weight, given Millaire’s role in shaping the company’s identity as a specialist in translating cyber threats into financial terms insurers can actually underwrite, price, and manage.
Today, CyberCube serves more than 130 clients across the cyber (re)insurance value chain, with its models and analytics used by 75% of the top 40 U.S. and European cyber insurers by gross written premiums, as well as the majority of the world’s top 20 brokers. Against that backdrop, the CEO transition looks less like a pivot and more like a scaling move, aligning leadership with a market that increasingly treats cyber risk not as an abstract IT problem, but as a core financial exposure demanding the same rigor as natural catastrophe or credit risk.
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