Aviva rolls out new cyber risk management tool

Aviva is rolling out Storm Guidance’s Cyber3 assessment tool to help eligible insureds strengthen their resilience to cyber attacks, and at the same time increase its understanding of the risk across its books.

Using the new tool, the insurer can review the cyber resilience arrangements of insured businesses and their cyber maturity scores, in one place via a secure online portal. Assessed clients will also receive a report designed to help them understand and prioritise practical improvements in cyber security.

Justin Linney, head of risk management, mid-market and digital, Aviva, commented: “The safety and security of private and sensitive data is high on all businesses agendas. Aviva provides support to customers to understand their cyber exposures and working with Storm, who are experts in cyber risk and analysis, we are able to deliver risk insights and cyber security solutions to help protect our customers and their businesses.”

Neil Hare-Brown, CEO at Storm Guidance, added: “We are excited to announce that we are working with Aviva and look forward to supporting their customers on the journey towards cyber resilience. We’re pleased to see the Cyber3 assessment being utilised by pioneering insurers in the regulation of risk, and the provision of solutions to defend their insureds against cyber attacks.

“The continuing rise in cyber incidents and the high cost of claims is driving insurance premiums, and firms need to address this with better risk management to contain their exposures.”

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