23 June 2015
Reporter: Becky Butcher
Aon in new initiative to tackle cyber risk
Aon Risk Solutions has joined an initiative to tackle cyber risk that is funded under the European Commission’s Horizon 2020 programme.

Aon is partnering on the Wide Impact Cyber Security Risk Framework (WISER) project as part of the EU’s Horizon 2020 Research and Innovation programme, which has nearly €80 billion of funding available over seven years.

As part of the Horizon 2020 project, the EU aims to put cyber risk management at the heart of good business practice. By 2017, WISER will provide a framework to assess, monitor and mitigate cyber risks.

Bill Peck, chief commercial officer at Aon Risk Solutions in Europe, the Middle East and Africa, commented: “It is a great privilege to be the only financial services organisation selected by the European Commission to partner with them on their WISER cyber resilience project.”

Giorgio Aprile, director financial industry advisory services at Aon, added: “Aon’s involvement in this WISER project will drive practical business outcomes such as a real time IT assessment platform and a cyber risk exposure model for non-traditional aspects of cyber risk”.

The WISER risk platform targets infrastructures or complex cyber systems, which demand real-time and cross-system assessment of vulnerabilities and threats.

More news
The latest news from Captive Insurance Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
AF Group snaps up Eric Halter
28 June 2017 | Lansing, Michigan | Reporter: Becky Butcher
Accident Fund Group has appointed Eric Halter as director of AF Specialty, a new brand focused on providing front capacity to insurance carriers, managing reinsurance intermediaries and captive managers
UK to implement ILS regime this autumn
27 June 2017 | London | Reporter: Becky Butcher
London’s insurance-linked securities regulation is now being finalised by the UK Government ready for implementation this autumn, according to a letter sent from HM Treasury to the London Market Group’s Nicolas Aubert
Arch Reinsurance Company recruits François Dagneau to lead in Canada
26 June 2017 | Toronto | Reporter: Mark Dugdale
Arch Reinsurance Company has hired Aon Benfield's François Dagneau as its new Canadian operations CEO
GEB appoints executive management trio
23 June 2017 | Brussels | Reporter: Becky Butcher
Generali Employee Benefits (GEB) has welcomed Eric Butler, Roland Raad and Thierry Mestach to its international management team
R&Q sells Lloyds managing agency to Coverys
23 June 2017 | London | Reporter: Becky Butcher
R&Q Investment Holdings has reached an agreement to sell the entire share capital of its Lloyd’s managing agency, R&Q managing agency, to Coverys, a provider of medical professional liability insurance based in Boston
Captives dominate the BVI insurance sector
23 June 2017 | Road Town, British Virgin Islands | Reporter: Becky Butcher
Captives in the British Virgin Island’s insurance sector continue to dominate the market, in terms of the number of firms, as well as revenues generated, according to a new BVI Global Contribution report
FCC Services captive reports ‘financially solid’ 2016 results
22 June 2017 | Colorado | Reporter: Becky Butcher
The Farm Credit System Captive Insurance Company, the captive insurer of FCC Services, has reported a net income of $10.3 million in 2016, an increase of 7.8 percent compared to the previous year