Aon Creates $350M of Cyber Capacity
Saturday, 09 08 2018, Category: Insurance and Reinsurance, Country: United States
Aon plc is continuing its investment in cyber by creating US$350 million of new reinsurance capacity and launching its silent cyber solution.
Aon’s silent cyber solution is designed to partner with carriers in their journey to identify, quantify and mitigate the silent cyber risk by providing a clash solution to reinsure the exposure in the interim period. Where the carrier chooses to provide affirmative cyber coverage going forward, Aon can arrange a reinsurance solution for that cyber exposure to sit across multiple lines of business.
Source: Insurance Journal