AIG partners with cybersecurity experts

American International Group (AIG) has partnered with a number of cybersecurity experts in a bid to expand its risk mitigation and prevention services.

The insurer has developed partnerships with K2 Intelligence, BitSight Technologies, RSA, and Axio Global to complement its CyberEdge risk management and insurance product.

K2 Intelligence, an investigative and intelligence firm, will provide customised threat intelligence, while BitSight Technologies will provide security ratings.

RSA, the security division of EMC and developer of governance, risk and compliance solution RSA Archer, will help companies identify key functional areas of improvement to achieve an improved cybersecurity risk posture.

In addition, AIG has consulted with Axio Global, experts in developing complete cyber risk management solutions.

“The threat of cyber attack continues to grow. Companies are becoming more aware that the costs can be steep for those that fail to understand, mitigate, and transfer cybersecurity risk,” said Tracie Grella, global head of professional liability, AIG. “Partnering with leading cybersecurity firms provides our clients with another layer of expertise and protection to help mitigate and manage this growing and evolving risk.”