Swiss Re Corporate Solutions joins forces with IBM Security to provide advanced cyber risk protection products and services to companies worldwide. The IBM - Swiss Re Corporate Solutions agreement helps businesses defend themselves against increasingly sophisticated cyber attacks.
The agreement combines IBM's outstanding knowledge of information technology security with Swiss Re Corporate Solutions' leading-edge underwriting. IBM will assess clients' external and internal vulnerabilities to cyber attacks, giving them options for implementing risk mitigation proposals. IBM and Swiss Re Corporate Solutions are also exploring innovative services to further enhance clients' protection against cyber threats.
François Brisson, Swiss Re Corporate Solutions' Head of Cyber Technology, comments: "We aim to answer some of the most pressing questions of companies that seek cyber risk insurance – questions on unforeseen vulnerabilities, available protections, data monitoring techniques and more. Together with IBM, we not only analyse and assess our clients' cyber risk exposure but also support them in dealing effectively with a security breach."
Philip C. Kibler, IBM Security's Director Global Alliances and Computer Security Incident Response Team, says: "As businesses evolve, vital assets that were once kept under lock and key now flow freely through the cloud and mobile devices, beyond the four walls of the enterprise. Companies today deploy solutions to secure this new perimeter, and also turn to forward thinking insurers such as Swiss Re Corporate Solutions to provide an extra layer of protection in the event an incident occurs."
In this role, Mr. LaRocca will be responsible for managing the strategy, development and performance of the company's Property & Specialty Lines portfolio.Learn more
In this role, Mr. Codding is responsible for overseeing cyber and technology underwriting guidelines, rating methodology, distribution relationships, product sales and new product development.Learn more
Cyber threats are evolving rapidly. Recent high-profile cyber-attacks demonstrate that the extent of associated possible losses is also broadening, increasingly comprising both physical and financial damage.Learn more