19 May 2016Insurance

Hanover Stone partners with UnitedLex on risk management solutions

Hanover Stone Partners, a risk management services firm and UnitedLex, a business advisory company with cyber security and legal services expertise, have collaborated on cyber-security, legal services and other risk management solutions.  The two firms have partnered to help businesses and other commercial entities address their technology and internet-related exposures. “With many of our clients pressed to understand and manage increasingly complex exposures related to the internet and technology, UnitedLex gives us a strong partner with proven worldwide capabilities in cyber-security and related legal services,” said John Kelly, founder and chief executive officer (CEP), Hanover Stone Partners. “The specialised expertise of UnitedLex, combined with the knowledge and experience of our senior risk advisors and other partner firms, gives us an extensive range of solution providers in cyber-related risk management.” He added: “We look forward to teaming with UnitedLex on behalf of our clients, including the growing number of businesses, public entities and organizations that face these serious exposures.” Doug Goodall, vice president, UnitedLex, commented: “Today, although there’s no silver bullet for managing cyber-related exposures, enterprise approaches are a recognised best practice. “Addressing cyber-related risks requires a combination of skills and disciplines that may vary depending upon type of organisation, its business model, technology infrastructure and other factors.” He added: “Hanover Stone Partners and its network of senior advisors and partner firms bring a diverse set of risk management skills that complement our expertise and give our mutual clients a full spectrum of risk management solutions to address their enterprise-wide cyber-related exposures.”

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