Aon launches CyFi
Aon announced the launch of CyFi, a broking center designed to negotiate and execute cyber and management liability insurance lines for small commercial businesses. “CyFi brings together the market scale of Aon’s Commercial Risk Solutions with the technology-driven processes and products of Digital Client Solutions (DCS) to offer customers broad coverage, competitive pricing and high-quality service.”
The new broking center will offer a full range of cyber and financial lines insurance products that can be tailored to help address the specific needs of each client. Aon’s team of cyber and management liability risk professionals will help assess risk and develop customized insurance solutions.
“We are incredibly excited to introduce CyFi, which will allow us to deliver Aon’s industry leading expertise in cyber and financial lines to our small commercial and digital clients. With technology-based solutions as the future wave of insurance broking, CyFi is destined to be at the forefront of this new era.” – Global Digital Broking Leader, Devin McGoldrick.
CyFi’s team of brokers will act as a resource for policy placements such as cyber liability, errors and omissions, directors and officers liability, employment practices liability, fiduciary liability and crime insurance.
“The launch of CyFi marks a significant milestone in our journey to become the world’s leading provider of cybersecurity and financial lines risk management solutions. This cutting-edge platform will help our clients stay one step ahead of the ever-evolving threat landscape.” – Jim Loughlin, senior director of broking of Aon’s Small Commercial team in Digital Client Solutions.