Noting the renewal of a relationship that has stayed strong for decades, AIG’s investment in K2 Intelligence along with their mutual interest in helping clients mitigate and manage their cyber risk is discussed in “AIG Invests in Kroll’s K2 Firm” (New York Times, 15 April 2015).
The companies also agreed to co-develop products and services that support AIG’s efforts to help clients mitigate and manage their cyber risk, and to explore opportunities in other key industry segments.
Discussing the announcement, John Doyle, CEO, Commercial Insurance, AIG, said, “Partnering and aligning with cyber security experts like K2 Intelligence is a signal to the marketplace that AIG is committed to delivering the comprehensive measures and expertise needed to help mitigate and manage this growing and rapidly evolving threat.”
Jeremy Kroll, president and CEO, K2 Intelligence, said, “Cybersecurity must transition to a dynamic and proactive defense that employs investigative tools to collect and analyze information both from internal and external sources. AIG and K2 Intelligence share the same goal—to offer clients a holistic solution to help manage cyber risks that includes a full range of cyber defense, remediation, and response services. Working with AIG to deliver sophisticated threat intelligence techniques, we will provide clients with the information they need to help protect their enterprise and other stakeholders.”