ACE launches dedicated cyber risk unit
Source: Asia Insurance Review | Mar 2015
ACE Group launched a new, independent cyber risk business unit early this year as it continues to strengthen its local underwriting and risk management capabilities across Continental Europe and build its market leadership in this growing area of emerging risk.
Following research by ACE which indicates that cyber is a “top three” emerging issue for European risk managers, the launch represents a further evolution of the work of ACE’s global cyber practice, first established in 2014.