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Insurance Broker Aon Acquires Cyber-Risk Specialist Stroz Friedberg

Stroz Friedberg is a specialized risk management firm built to help clients solve the complex challenges prevalent in today’s digital, connected, and regulated business world

Insurance Broker Aon Acquires Cyber-Risk Specialist Stroz Friedberg

Aon PLC agreed to acquire cybersecurity specialist Stroz Friedberg Inc., as more insurance companies and brokers aim to turn corporations’ exposure to potential hacking into a business opportunity.

Stroz Friedberg was founded in 2000 by a former agent of the Federal Bureau of Investigation and a former federal prosecutor, both of whom worked on computer crime. The New York City-based firm, which has more than 550 employees world-wide, will augment Aon’s risk-mitigation services, while also providing insights to help insurers expand and create new cyber offerings, the firms said in interviews with The Wall Street Journal.

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