PHILADELPHIA--(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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Source: ACE Group