Willis Towers Watson, a leading global advisory, broking and solutions company, has been named Cyber Broking Team of the Year by Advisen Ltd. in its 2018 Cyber Risk Awards.
The award recognizes an innovative risk advisor and insurance broker who has demonstrated a commitment to advancing the understanding of cyber risk insurance in the wider marketplace. Winning companies were determined by people's choice voting from across Advisen's network of property & casualty insurance professionals.
"We are honored to be recognized by our peers for our integrated and holistic approach to cyber risk management," said Joe DePaul, head of FINEX Cyber/E&O, North America, Willis Towers Watson. "We are very focused on delivering insights and solutions to support our clients, while leveraging our market credibility to drive meaningful advancements across the broader cyber industry. This award is a testament to the value our team delivers each and every day," he added.
Willis Towers Watson's cyber risk solutions business features a global network delivering a fully integrated, comprehensive plan to help organizations manage cyber risk across people, capital and technology. In 2017, following findings from its claims data showing that employee negligence or malicious acts account for roughly two-thirds of all cyber breaches, and company data linking cyber risk to company culture, Willis Towers Watson launched a first-of-its-kind integrated platform to help companies tackle the human element of cyber risk. The platform also features a suite of proprietary risk assessment tools, including Cyber Quantified, which helps organizations quantify their financial exposure associated with cyber risk, and Cyber Risk Profile Diagnostic, which helps organizations measure their cybersecurity posture.
Winners were awarded at Advisen's fifth annual Cyber Risk Awards gala in New York City earlier this month.
About Willis Towers Watson
Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has over 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas - the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.
About Willis Towers Watson Cyber
Willis Towers Watson takes a holistic approach to cyber resiliency, with the understanding that a complete corporate cyber solution addresses and incorporates people, capital, and technology. Our cyber experts have decoded the complexity of the current cyber threat landscape to deliver this integrated perspective to major enterprises across sectors. As a global leader in human capital solutions, risk advisory and broking, we are well prepared to assess an organization's cyber vulnerabilities, providing protection through best-in-class solutions and mitigating the risk of future attacks. Explore comprehensive cybersecurity solutions at willistowerswatson.com/cyber.