Guy Carpenter Partners with Symantec to Create Cyber Model
Thursday, 05 19 2016, Category: Technology, Country: World
Guy Carpenter & Co., the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Cos., has formed a strategic alliance with cyber security specialist Symantec Corp. to create a cyber aggregation model.
Cyber attacks are estimated to cost businesses as much as $400 billion a year, and the systemic nature of the risk means re/insurers can suffer losses from multiple insureds across vast geographies from a single event, exposing infrastructure, supply chain and other interconnected risks, Guy Carpenter said in a statement.
Source: Insurance Journal