17-05-2016 13:58 via insuranceinsider.com

Guy Carpenter partners Symantec for cyber model

Reinsurance broker Guy Carpenter has announced a strategic alliance
with technology firm Symantec Corporation to develop a cyber
aggregation model.
The broker said the model would include a catalogue of cyber
scenarios from which insurers could derive frequency and severity
distributions, allowing them to measure the potential financial
impact of both affirmative cyber coverages and "silent"
all-risk policies where cyber is the peril but no cyber exclusions
exist.
"We are pioneering a cyber aggr
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