A team of experienced brokers will act as a resource for the placement of policies such as cyber liability, errors and omissions, directors and officers liability, employment practices liability, fiduciary liability and crime insurance.
“Our brokerage CyFi acts as a resource for coverage analysis, market trends, benchmarking and placements,” said Jim Loughlin (pictured), senior director of brokerage for Aon’s small trading team at Solutions. for digital customers.
“We really pride ourselves on our knowledge base; that’s one of the reasons this brokerage center was established.”
According to Loughlin, CyFi combines “the best of both worlds,” supported by the market scale of Aon’s business risk technology and solutions.
The launch of CyFi is a “significant milestone” for Aon as it aspires to be a leading global provider of financial lines and cybersecurity risk management products. It is also the first phase of “exciting and innovative” products that Aon Digital Customer Services is looking to launch this year.
“There is a microbusiness segment, which is for businesses that are small mom-and-pop stores with five to 10 employees, the business risk size has risk managers as well as a mid-market practice within Aon,” Loughlin told Insurance. . Business.
“This small business group bridges the gap between those micro-sized clients and the risk management and mid-market clients.”
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