Brought to you by:

Guy Carpenter moves to deal with ‘silent cyber’ risks

Guy Carpenter has partnered with RiskGenius to better detect and analyse “silent cyber” exposure across various lines of business.

Silent cyber refers to potential cyber-related losses stemming from traditional property and liability policies that were not specifically designed to cover cyber risk.

RiskGenius uses artificial intelligence (AI) to evaluate emerging risks across a portfolio of insurance policies.

Guy Carpenter says these evaluations will be treated to cutting-edge techniques to create customised portfolio-level analysis.

New York-based Cyber risk Strategy Leader Erica Davis says working with RiskGenius will boost the understanding of silent cyber from the individual policy through to the industry level.

“Silent cyber remains an existential issue across the industry,” she said. “To address this challenge head-on, companies require an effective means of qualifying and quantifying the risk of silent cyber across their portfolios.”