ACE establishes global cyber risk practice

ACE Group recently announced the introduction of its global cyber risk practice, established to address growing risks as legislation and exposures for privacy and network security evolve around the world and customer demands for cyber risk insurance and risk management solutions grow.

 “ACE is already a global leader in cyber risk insurance, with specialist underwriting, risk engineering and service capabilities spanning four continents,” said Mr. O’Donnell, executive vice president, Financial Lines, ACE Overseas General. “Our new Global Cyber Risk Practice represents a further commitment to provide seamless coverage for our multinational customers. Cyber risk exposures have no boundaries, and ACE is one of the few insurers capable of delivering truly global services to brokers and clients.”

“As the cyber risk challenges that businesses face become increasingly complex and global in scope, we need to ensure that we are properly positioned to anticipate evolving customer demands,” said Scott Meyer, division president, Professional Lines, ACE, USA.