Aon’s cyber capabilities can support organisations in embracing a risk based approach. This facilitates the deployment of a more effective cyber insurance strategy to help optimise the total cost of risk associated with cyber exposures

1. Risk. Reinsurance. Human Resources.
Our cyber resilience framework
To achieve cyber resilience, organisations must commit to a
continuous process of evaluation and improvement. Aon and
Stroz Friedberg offer a full range of services to help you
approach cyber as an enterprise risk.
Contact
Aon Cyber Solutions Network
Experienced team and resources
Innovative market solutions
Industry and product expertise
Proprietary data and analytics
Strategic acquisition of Stroz Friedberg
Cyber
Risk Solutions
Aon Risk Solutions
Risk. Reinsurance. Human Resources.
Entertainment &
Hospitality
Financial
Institutions
Public Sector
Technology &
Communications
Higher
Education
Construction &
Real Estate
Energy & Power
Heavy
IndustriesHealthcare
Retail
Life Sciences
60+
dedicated cyber
insurance
professionals
globally
500+
Cyber claims
handled by Aon
since 2012
$450M+
total premium
placed in 2016
Transportation
& Logistics
Food,
Agriculture &
Beverage
Quantify Transfer
Respond
ImproveTestAssess2,300+
Cyber Risk
Solutions clients
Aviation
Marine
Professional
Services
Adam Peckman
Global Cyber Risk Consulting
Practice Leader
+44 (0)7803 695386
adam.peckman@aon.co.uk
Spencer Lynch
Managing Director
Stroz Friedberg
+44 (0)20 7061 2304
slynch@strozfriedberg.co.uk
Vanessa Leemans
Global Cyber Chief Operating Officer
+44 (0)20 7086 4465
vanessa.leemans@aon.co.uk
Mark Buningh
Cyber Risk Practice Leader
The Netherlands
+31 (0)65 134 6614
mark.buningh@aon.nl
Leslie Clement
Consultant Cyber & Privacy Risk
+31 (0)10 448 7802
leslie.clement@aon.nl
Shannan Fort
Cyber Product Development Leader
Global Broking Centre
+44 (0)20 7086 7135
shannan.fort@aon.com
Aon UK Limited is authorised and regulated by
the Financial Conduct Authority. FP: GBCEXT0006

2. The evolving cyber threat
2017 EMEA Cyber Risk Transfer
Comparison Report
Across all industries, our clients are continuing to invest in
deploying digital technologies to stay competitive and drive
quality and efficiency objectives.
• The impact of business disruption to cyber assets is 50%
greater than to property, plant and equipment assets (PP&E)
• Only 15% of the probable maximum loss (PML) potential for
information assets is covered by insurance; almost two thirds
(60%) of total PP&E asset values are protected
• 65% of EMEA organisations expect their cyber risk exposure
to increase over the next two years
• Only 30% of respondents state they are “fully aware” of the
economic and legal consequences of an international data
breach or security exploit
Percentage of PP&E and information assets covered by insurance - EMEA
0%
10%
20%
30%
40%
50%
60%
The percentage of potential
loss to PP&E assets
covered by insurance
The percentage of potential
loss to information assets
covered by insurance
70%
60%
15%
Technology Drivers Business Drivers Risk Drivers
1st Party 3rd Party
TangibleFinancial
Cyber exposure trends
1 Any major cyber event will result in:
• PR response and continuity costs
• Immediate and extended revenue loss
• Restoration expenses
• Defense costs
2 Third parties will seek to recover:
• Civil penalties and awards
• Consequential revenue loss
• Restoration expenses
3 Physical damage is possible:
• Property damage
• Bodily injury
4 Physical damage may cascade to others:
• 3rd party property damage
• 3rd party bodily injury
• IoT - The Internet of Things: Reliance on technology and
increasing connectivity
• Cloud computing and big data analytics: Increased use of
technology vendors
• Social media: Social engineering, phishing and spear phishing
• Ransomware, malware, cyber heist and blockchain
• U.S. and international regulatory environment: EU General
Data Protection Regulation – effective May 25, 2018
1
3
2
4
Cyber loss spectrum
1
3
2
4
Helping clients to manage
cyber risk
Adopting a Risk Based Cyber Insurance Strategy
Aon’s cyber capabilities can support organisations in embracing
a risk based approach. This facilitates the deployment of a
more effective cyber insurance strategy to help optimise the
total cost of risk associated with cyber exposures.
We help to define an organisation’s cyber risk strategy through:
• Cyber 360o
Assessment - an enterprise wide approach to cyber
security risk that provides a detailed view into a organisation’s
unique technology profile and threat landscape, with a focus on
facilitating risk quantification and insurability.
• Cyber Impact Analysis - a data driven analytical framework
supporting organsations to optimise their resilience strategy
through mitigation and transfer. Existing risk financing strategies
can also be enhanced through modelling cyber loss scenarios
and stress testing current limits.
Cyber Innovation
• Aon Cyber Enterprise Solution™ - broadens the scope of cyber
coverage to include: property damage arising from a network
security breach, business interruption and extra expense
coverage arising from a systems failure, contingent network
business interruption for IT vendors and the supply chain, and
cyber terrorism coverage.
• Aon Cyber Captive Programme - an alternative approach that
helps organisations identify, assess and quantify their cyber
risk; ultimately making informed decisions on risk retention in
a captive, as well as providing broad form risk transfer capacity
and secure comprehensive coverage through the Aon Cyber
Enterprise SolutionTM
.
• Aon GDPR Prepare & Protect - a modular solution that helps
organisations prepare for and manage financial, regulatory
and legal risks associated with processing personal data under
the EU General Data Protection Regulation, which comes
into effect on the 25th May 2018.
Artificial
Intelligence
EvolvingCyberEquation
Social
Media
Cloud
Computing Mobility
Big Data
Virtual
Reality
Internet
of Things
Automation
Connectivity
Data Breach
Media Liability
IP Infringement
Material Damage
Business
Interruption
Product Liability