Global professional services firm Aon has launched its Cyber Risk Analyzer, a digital application allowing risk managers to make technology-enabled decisions to mitigate cyber risk.
According to the firm, the Cyber Risk Analyzer provides clients and brokers with unique capabilities such as loss forecasting, exposure assessment, and total cost of risk analysis, offering a comprehensive view of the evolving cyber risk landscape to support informed decisions about risk transfer versus risk retention on their balance sheets.
Christian Hoffman, global specialty and financial products leader for Aon, commented on the launch, “As cyber threats continue to grow in frequency, sophistication and severity, organizations face an array of complex risks—from ransomware and business interruption to insider threats and data breaches.
"Compounding these risks are increased litigation pressures, shifting regulatory landscapes, and heightened scrutiny from shareholders. We designed Aon’s Cyber Risk Analyzer to address these challenges and help clients evaluate and quantify their enterprise cyber risk, enabling them to make better decisions.”
The launch of Aon’s Cyber Risk Analyzer follows the 2024 debuts of the firm’s Property Risk Analyzer, Casualty Risk Analyzer, D&O Risk Analyzer and Health Risk Analyzer, which reportedly provide exposure visualizations and model potential losses to help Aon’s clients make better-informed decisions about their risk and insurance options.
Joe Peiser, global CEO of Commercial Risk Solutions for Aon, said, “Aon’s Cyber Risk Analyzer builds on Aon’s commitment to equipping clients with insights that enable data-driven decisions.
“As the risk landscape becomes increasingly complex, our team delivers actionable analytics that help our clients confidently evaluate risks and insurance options.”
