Ed develops three-stage risk awareness programme

Aon cyber insurance

Wholesale and reinsurance broker Ed, formerly Cooper Gay, has launched a cyber risk awareness programme.

The programme, called the Ed Cyber Academy, aims to provide clients, business partners and underwriters insight into cyber crime and cyber security risks.

It will be led by Ed group chief innovation officer Peter Hacker.

The programme has three levels. In the final stage, scenarios will be used to stress-test how clients and insurers respond to a cyber attack.

Hacker said: “An in-depth understanding of the cyber risk landscape should not be the preserve of a specialist few.

“The Ed Cyber Academy will work to address this knowledge deficit. The academy will enable clients, partners and suppliers to gain a more in-depth understanding of how to mitigate and potentially transfer cyber security risks.”

Ed chief executive Steve Hearn added: “Cyber is one of the fastest growing business classes and a clear threat to the global economy. Innovation is at the forefront of Ed’s philosophy, and we are pleased to announce the launch of an initiative which will benefit our team, clients and partners.”