AIG has bought a minority stake in K2 Intelligence, an investigative consultancy firm to “co-develop products and services that support AIG’s efforts to help clients mitigate and manage their cyber risk, and to explore opportunities in other key industry segments.”

K2 Intelligence was founded in 2009 and is based in New York, with offices in London, Madrid and Tel Aviv. It acts “as advisor to governments, companies, boards, and individuals. The company’s expertise centers on cyber investigations and defense, anti-money laundering and regulatory compliance, complex investigations and disputes, data analytics and visualization, and integrity monitoring and compliance.”

The partnership will augment AIG’s  CyberEdge risk mitigation and insurance products, which are growing in popularity with some of the largest companies across the globe. John Doyle, Chief Executive Officer, Commercial Insurance, AIG, said, “Supporting our clients against cyber attacks means providing much more than insurance to transfer the risk.” Doyle stated that such partnerships are a signal to the marketplace that AIG is committed to delivering the comprehensive measures and expertise needed to help mitigate and manage this growing and rapidly evolving threat.”

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