Aon teams up with Aspen to expand suite of cyber solutions

Broker Aon has expanded its cyber insurance offering for high net worth individuals and executives in partnership with Aspen Insurance.

Aon's Cyber Secure Select offering provides clients with white-glove concierge service to help them address a multitude of IT and cyber security needs, including device protection and personal information monitoring.

The new coverage is designed to help clients recover from a myriad of cyber threats with an additional $1.5 million in coverage for financial losses in excess of the $1 million coverage limit available via NortonLifeLock.

Christian Hoffman, CEO of Aon’s cyber solutions, North America, said: “A personal data breach can lead to extortion, financial loss, and a multitude of other related costs. This innovative offering combines Aon’s experience, extensive assessment and testing capabilities, and NortonLifeLock’s Cyber Safety expertise and technology, with Aspen’s insurance offering to help high net worth individuals, executives and their families better protect their personal assets.”

Josh Ladeau, global head of cyber at Aspen, added: “In a world where clicking on a malicious link can result in anything from your device being rendered useless to your bank account being raided, this product provides unique coverage that goes well beyond standard identity theft insurance offerings. We are excited to be working with Aon and NortonLifeLock to offer what I believe to be the most advanced solution for consumers in the market today.”