News Risk Management25 May 2016

Guy Carpenter and Symantec partner to create cyber aggregation model

25 May 2016

Guy Carpenter has announced that it will form a strategic partnership with cyber security firm Symantec Corporation to create a cyber aggregation model that will include a comprehensive catalogue of cyber scenarios from which insurers can derive frequency and severity distributions to measure the potential financial impact of loss from both affirmative cyber coverages and "silent" all-risk policies where cyber is the peril, but no cyber exclusions exist. Guy Carpenter's Cyber Solutions Specialty Practice, which focuses on the development and delivery of innovative cyber reinsurance solutions, will lead this effort.

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