ACE Wins Three Advisen Cyber Risk Awards; Toby Merrill Named U.S. Cyber Risk Industry Person of the Year
June 24 2015 - 5:30PM
Business Wire
ACE Group today announced that its Privacy and Network Security
Group received top honors at the 2015 Advisen Cyber Risk Awards.
Now in its second year, the Advisen Cyber Risk Awards are “People’s
Choice” awards, with winners determined by the largest number of
votes received from members of the Property & Casualty
insurance community.
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Toby Merrill, Senior Vice President,
Global Cyber Practice Leader, ACE Group, accepts 2015 Advisen Cyber
Risk Industry Person of the Year for the U.S. at award ceremonies
on June 17, 2015 in New York City (Photo: Business Wire)
ACE’s Toby Merrill, Senior Vice President, Global Cyber Practice
Leader, was named Cyber Risk Industry Person of the Year for the
U.S., while Marcel Van Peenen, Regional Professional Indemnity
Manager, Financial Lines, Asia, secured the award in the
international category. This award demonstrates the entire cyber
community’s gratitude to key players who, through dedication,
foresight and leadership, have enhanced and developed the treatment
of cyber risk over the course of the past year.
ACE also received the Cyber Risk Innovation of the Year award
for Loss Mitigation Services. This award recognizes a specific
innovation that has made an outstanding contribution to improving
the way that cyber risk is managed in the past year. Noted as “the
first of its kind in the industry” during the nomination process,
Loss Mitigation Services helps insureds mitigate against breaches
before an event happens through a unique, multi-tier approach that
focuses on training, preparation, and assessment, with multiple
options designed to fit with all varieties of policyholders.
“We are honored and thankful for this recognition. Knowing that
the winners are selected by our peers in the community makes this
especially meaningful,” said Scott Meyer, Division President, North
America Professional Lines, ACE Group. “We’re especially proud of
the recognition of Toby and Marcel. As head of the Global Cyber
Practice, Toby has been a visionary, both within ACE and the
industry, helping to shape cyber risk offerings to meet the
ever-changing needs in the market. Marcel represents ACE’s ongoing
growth in this market, as we expand our offerings on a global
scale.”
About ACE Group
ACE Group is one of the world’s largest multiline property and
casualty insurers. With operations in 54 countries, ACE provides
commercial and personal property and casualty insurance, personal
accident supplemental health insurance, reinsurance, and life
insurance to a diverse group of clients. ACE Limited, the parent
company of ACE Group, is listed on the New York Stock Exchange
(NYSE: ACE) and is a component of the S&P 500 index. Additional
information can be found at www.acegroup.com, or follow ACE on
Twitter, https://twitter.com/ACEGroupNA.
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ACE GroupCarla Ferrara,
215-640-4744carla.ferrara@acegroup.com
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