Seven cyber insurers have launched
CyberAcuView, a risk mitigation company that compiles and analyzes data to help organizations get the most value out of their cyber insurance.
CyberAcuView intends to use its collective expertise to help the cyber insurance industry enhance its services, the company said. To do so, CyberAcuView is focused on the following initiatives:
Providing industry best practicesEngaging with regulators and law enforcement and other security agenciesDeveloping systemic risk solutionsAdvancing cyber policy languageAnalyzing cyber trends to gain insights into cyberattacks CyberAcuView's founding members include:
AIGAXISBeazleyChubbThe HartfordLiberty Mutual InsuranceTravelers CyberAcuView is led by CEO Mark Camillo, who most recently served as head of cyber for the EMEA region at AIG. The company's leadership team also includes Monica Lindeen, former insurance commissioner for the State of Montana and president of the
National Association of Insurance Commissioners, and James Schweitzer, an
FBI veteran and former COO of the
National Insurance Crime Bureau.
What Services Does CyberAcuView Offer?
CyberAcuView provides the following services:
Industry Data Collection and Analysis: Develops cyber insurance intelligence, so insurers can educate organizations about cyber risksCyber Industry Data Information Standards: Creates voluntary standards for cyber data information to promote consistency across the cyber insurance marketRegulator and Government Agency Collaboration: Fosters relationships with regulators and government agencies to uncover ways to help organizations address cyber risksLaw Enforcement and Security Agency Coordination: Works with law enforcement and security agencies to explore ways to mitigate cybercrimeSystemic Risk Evaluation: Focuses on improving the industry's understanding of systemic cyber risks CyberAcuView is industry-supported, the company indicated. It works for the benefit of cyber insurance policyholders, the insurers that serve them and the global economy.